Matalco Inc., the largest US producer of aluminum billet, is warning customers it may curtail output and ration deliveries as soon as next year

In August, MINING.COM’s EV Metal Index hit the second best total on record as lithium, nickel and cobalt prices continue to rise.

Companies on the global hunt for lithium, nickel, copper, cobalt, and PGMs wherever they are.

Alcoa’s stock has more than quadrupled from a year ago, helped by a historic surge in aluminum prices.

Friday’s gains come after the benchmark index of six base metals on the LME rose to an all-time peak in the previous session.

European power prices have rocketed this year mainly due to the rising price of natural gas used for power generation and heating, low renewable energy output and higher carbon prices.

Copper price up 12% this week as LME warehouses empty out and inflation pressures rise across the globe.