Aluminium hits more than 10-year high as supply worries grow

MANILA: Aluminium prices hit a more than 10-year high on Thursday on concerns over supply of the energy-intensive metal, which were stoked further as several power plants in India were on the verge of running out of coal.

The inadequate coal supply in India, the second-biggest producer of primary aluminium after China, has raised concerns about a potential serious disruption in local aluminium production.