From Trump's 50% tariff to Rio Tinto's price increase: In the age of AI, aluminum is being pushed towards a "super cycle"

Wisdom Finance APP learned that Rio Tinto Group, the world's largest aluminum producer, is now charging additional fees for shipments of aluminum to the US market, which could further disrupt the supply and demand balance in the North American aluminum market. This market has been in turmoil since the beginning of this year due to Trump's import tariff policies that have pushed up consumer costs. In addition, the continuing expansion of global electric vehicle production capacity, the growth of solar energy generation, and the vigorous construction of AI data centers led by tech giants such as Google, Microsoft, and Meta are driving demand to continue to surge. This has led to global aluminum demand exceeding supply since the beginning of this year. In the eyes of Wall Street financial giants, aluminum driven by strong demand is being forcibly pushed into the so-called "super cycle".