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CommoditiesMedium•17 April 2026•

1 min read

Aluminium Prices Eyes $4,000 Target as Indian Mining Stocks Receive Upgrades

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Key Facts

1LME aluminium prices are projected to potentially reach $4,000 per ton due to supply constraints.

2Indian stocks Vedanta and Hindalco have been upgraded following the surge in metal prices.

Recent market forecasts suggest that LME aluminium prices could potentially surge to $4,000 per ton due to significant supply chain constraints. Prices have already hit a four-year high, driven by concerns over possible disruptions in the Strait of Hormuz. This bullish momentum has led to analyst upgrades for major Indian mining firms, specifically Vedanta and Hindalco. Analysts believe that supply-side risks in critical maritime corridors are creating a strong price floor and upside potential for industrial metals. The positive outlook for the sector is expected to persist as global supply pressures remain a key market driver. These developments reflect a growing optimism toward commodities and related equities in the current economic climate.