Aluminum has climbed as major economies recover from the pandemic. Futures in London are up almost 35% in 2021 to $2,650 a tonne, the highest in around a decade.
Only 11 out of 46 metal and mining companies analyzed by Bloomberg Intelligence have carbon-reduction targets that match levels needed for the UN goal.
Record aluminum prices in the United States and Europe will be sustained by Russia's mining tax for some months, but attempts to push prices even higher are likely to face headwinds.
