Rio Tinto’s Aluminum Exports to US Rebound to Pretariff Levels

One of the world’s largest aluminum producers, Rio Tinto Group, says its shipments of the lightweight metal to the US have bounced back to levels from before President Donald Trump’s tariff offensive.

The White House has hiked the levy on the metal to 50% last year, pushing Rio Tinto to sell more of its Canadian-produced aluminum in the European market. In turn, North America shipments — headed mostly to the US — fell to the mid-60% range. Flows are now back to about 80%, the producer’s aluminum chief said.

Jérôme Pécresse during a news conference on May 29.

Photographer: Andrej Ivanov/Bloomberg

“We progressively came back to the pretariff situation — ...