The planned shutdown of Mozambique’s Mozal aluminum smelter is expected to weigh heavily on global aluminum supply next year, forcing European Union buyers to seek alternative sources, analysts say
Mining group South32 confirmed that the Mozal smelter, with an annual capacity of 560000 metric tons, will be placed on care and maintenance from mid-March after negotiations with power utilities and the Mozambican government failed to secure a new electricity supply agreement
Trade Data Monitor figures show that in the first 10 months of 2025, Mozal shipped nearly 430000 tons of aluminum to the EU, making Mozambique the bloc’s largest supplier of primary aluminum with close to one fifth of total imports