Aluminum climbed around 6% after Iran attacked two production sites in the Middle East, threatening to deepen supply disruptions in a region that accounts for a significant portion of global output.
Prices on the London Metal Exchange rose as much as 6% to $3,492 a ton in early trading. Shares in Australian aluminum companies also rose.
The Middle East’s top aluminum producer, Emirates Global Aluminium PJSC, said on Saturday it had sustained “