In this article, we will discuss: 9 Best Aluminum and Aluminum Mining Stocks to Invest In.
With the ongoing hostilities in Iran driving markets, the aluminum sector is another one that has faced turmoil. On March 6th, Reuters reported that following the war, aluminum price hit a four-year high of $3,418 per metric ton, after one smelter declared force majeure and another started winding down operations.
The turmoil was also on the mind of Timna Tanners, Managing Director of Equity Research at Wells Fargo Securities. In a podcast with Bloomberg, she remarked that aluminum was probably “the most interesting” part of her firm’s coverage. Tanners added that “9% of the world’s aluminum supply comes from the Middle East. Not so much Iran, it’s actually about 18% of US supply indeed comes from Bahrain and UAE.”
When asked whether the supply could diversify, she speculated that this was possible. According to the Wells Fargo director, after a smelter announced that it would idle capacity over March, it would take six to 12 months for normal operations to start. With this amount being 1% of the global market, it could somewhat impact stability, she added.
Our Methodology
To make our list of the best aluminum and aluminum mining stocks, we compiled a list of stocks that mine aluminum, use it to make products, or work with the metal through recycling and other processes. The stocks were then ranked according to the number of hedge fund investors in the fourth quarter of 2025, and the top ten were selected.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
9 Best Aluminum and Aluminum Mining Stocks to Invest In
9. Kaiser Aluminum Corporation (NASDAQ:KALU)
Number of Hedge Fund Holdings: 27
Kaiser Aluminum Corporation (NASDAQ:KALU)’s shares were on banking giant JPMorgan’s radar in February. It raised the firm’s price target to $124 from $118 and kept a Neutral rating on the stock. The bank’s coverage came after Kaiser Aluminum Corporation (NASDAQ:KALU) reported its earnings for the fourth quarter of and the full year 2025. The results saw the firm post $3.37 billion in full year revenue and $929 million in quarterly sales. Kaiser Aluminum Corporation (NASDAQ:KALU)’s quarterly sales marked a 21% annual increase, while its adjusted net income of $1.53 missed analyst estimates of $1.56.
As part of the earnings release, Kaiser Aluminum Corporation (NASDAQ:KALU) also outlined that it had achieved sales growth in the year due to higher selling prices. The firm added that its shipments had dropped by 5% during the year as aerospace firms went through a destocking period and a slower-than-expected ramp of a coating line in its packaging business.
Kaiser Aluminum Corporation (NASDAQ:KALU) is an American company that makes and sells aluminum mill products. It is headquartered in Franklin, Tennessee.
8. Silgan Holdings Inc. (NYSE:SLGN)
Number of Hedge Fund Holdings: 32
Investment bank JPMorgan commented on Silgan Holdings Inc. (NYSE:SLGN)’s shares on March 9th. It raised the share price target to $53 from $44 and kept an Overweight rating on the stock. JPMorgan’s coverage came a couple of days after Wells Fargo had also discussed Silgan Holdings Inc. (NYSE:SLGN). Like JPMorgan, Wells also kept an Overweight rating on the shares. Additionally, it also raised the share price target to $55 from $52.
However, Truist had started the year on a slow note for Silgan Holdings Inc. (NYSE:SLGN). The financial firm reduced the company’s share price target to $50 from $53 and kept a Buy rating on the shares. At the heart of Truist’s coverage was activity in the consumer goods market. It outlined that consumer goods companies were trying to raise their volumes without giving up pricing gains made over the past couple of years. Truist added that it expected beverage can demand to stay on the upward track in North America in 2026.
Silgan Holdings Inc. (NYSE:SLGN) is a packaging products provider that makes and sells aluminum containers used for food products.
7. Rio Tinto Group (NYSE:RIO)
Number of Hedge Fund Holdings: 38
Financial firm Bernstein discussed mining giant Rio Tinto Group (NYSE:RIO)’s shares on March 9th. It kept an Outperform rating on the stock and cut the share price target from $83 to $77. According to The Fly, Bernstein discussed Rio Tinto Group (NYSE:RIO) as part of its broader coverage of the metals and mining industry. On the same day, banking giant JPMorgan had also discussed the mining company’s shares. It had lowered Rio Tinto Group (NYSE:RIO)’s rating to Neutral from Overweight and lowered the price target to GBp7,220 from GBp7,840.
A couple of days earlier, on March 4th, Rio Tinto Group (NYSE:RIO)’s and the Australian government had announced plans to complete the first and second stages of the Dampier Seawater Desalination Plant. Through the facility, the firm and the government aim to reduce pressure on local water resources and improve water security in the area.
Rio Tinto Group (NYSE:RIO) is one of the largest mining companies in the world with a presence in the aluminum, iron ore, copper, gold, and other industries. The firm is headquartered in London, United Kingdom.
6. Reliance, Inc. (NYSE:RS)
Number of Hedge Fund Holdings: 41
Banking giant Wells Fargo discussed Reliance, Inc. (NYSE:RS)’s shares on March 2nd. The bank kept an Equal Weight rating on the shares and raised the share price target to $323 from $315. The update came soon after Seaport Global had discussed Reliance, Inc. (NYSE:RS)’s shares. The firm raised the price target to $340 from $315 and kept a Buy rating on the shares. The financial firm pointed out that the metals company had delivered bottom-line growth and carried the potential for shareholder returns.
Reliance, Inc. (NYSE:RS) had reported its earnings report for the fiscal fourth quarter and full year 2025 on February 19th. The firm posted $3.5 billion in revenue for the quarter and $14.2 billion in revenue for the year to mark an 11.9% quarterly jump and a 3.3% yearly jump. JPMorgan lowered Reliance, Inc. (NYSE:RS)’s share price target to $330 from $340 and cut the rating to Neutral from Overweight on February 20th. The firm outlined that the company’s earnings had missed estimates due to margin pressure in its aluminum business.
Reliance, Inc. (NYSE:RS) is a metals distributor with a presence in the construction, manufacturing, aerospace, electronics, and other industries. The firm is headquartered in Phoenix, Arizona.
5. Mueller Industries, Inc. (NYSE:MLI)
Number of Hedge Fund Holdings: 44
Aluminum products manufacturer Mueller Industries, Inc. (NYSE:MLI) made a splash on February 19th when it announced that it would increase its dividend by a whopping 40%. The firm announced that it would pay a $0.35 dividend per share quarterly dividend to shareholders of record on March 13th. The announcement came soon after Mueller Industries, Inc. (NYSE:MLI) had reported its fourth quarter and full year 2025 earnings on February 3rd.
The results saw the firm post $962 million in revenue for the quarter and $4.2 billion in revenue for the full year. Mueller Industries, Inc. (NYSE:MLI)’s earnings per share for the quarter and for the full year sat at $1.38 and $6.86. As part of the release, the firm’s CEO remarked that 2025 had ended on a strong note as Mueller Industries, Inc. (NYSE:MLI) had marked an annual improvement in every quarter. The CEO added that his firm had closed 2025 by posting its highest net income and operating income in history, and he didn’t expect market conditions to significantly shift in 2026.
Mueller Industries, Inc. (NYSE:MLI) is a metal fabrication company with a presence in the aluminum industry. It makes and sells aluminum valves, tubes, and other products.
4. Constellium SE (NYSE:CSTM)
Number of Hedge Fund Holdings: 44
Banking giant JPMorgan raised Constellium SE (NYSE:CSTM)’s share price target to $29 from $26 and kept an Overweight rating on the shares on February 19th. The coverage followed the firm’s fourth quarter earnings report, which impressed the bank, according to The Fly. The results saw Constellium SE (NYSE:CSTM) post $2.2 billion in revenue for the quarter and $8.4 billion in full-year sales to mark 28% and 15% respective growth rates. For the fourth quarter, the firm’s $113 million net income was a breather compared to the year-ago quarter’s loss of $47 million.
Before the earnings, Deutsche Bank had discussed Constellium SE (NYSE:CSTM)’s shares. On January 8th, it raised the price target to $25 from $22 and kept a Hold rating. As part of her remarks made during the latest earnings call, Constellium SE (NYSE:CSTM)’s CEO remarked that the firm expected macroeconomic stability in 2026. She added that Constellium SE (NYSE:CSTM) could also benefit from a supply shortage in the automotive industry.
Constellium SE (NYSE:CSTM) makes and sells rolled and extruded aluminum products. It caters to the needs of the aerospace, packaging, automotive, and other industries.
3. Steel Dynamics, Inc. (NASDAQ:STLD)
Number of Hedge Fund Holdings: 46
Steel manufacturer and aluminum recycler Steel Dynamics, Inc. (NASDAQ:STLD)’s shares were on banking giant Wells Fargo’s radar on March 2nd. Wells Fargo raised the firm’s share price target to $210 from $190 and kept an Overweight rating on the stock. According to The Fly, the valuation was based on higher steel price forecasts stemming from the Trump administration’s tariff policy. Steel Dynamics, Inc. (NASDAQ:STLD) and other steel companies had seen their share prices jump last year when President Trump announced that he would double steel tariffs to 50% from 25%.
Steel Dynamics, Inc. (NASDAQ:STLD) and SGH Limited are currently bidding to acquire Australian steel manufacturer BlueScop. The pair submitted an $11 billion offer in February, which was rejected by BlueScope. The Australian firm claimed that the offer undervalued it but added that it was open to future overtures. If BlueScope accepts future potential offers, then Steel Dynamics, Inc. (NASDAQ:STLD) and SGH aim to split the firm across geographical lines. Under this plan, Steel Dynamics, Inc. (NASDAQ:STLD) would take over the Australian company’s North American operations.
Steel Dynamics, Inc. (NASDAQ:STLD) is a steel producer and aluminum recycler. The firm is headquartered in Fort Wayne, Indiana.
2. Alcoa Corporation (NYSE:AA)
Number of Hedge Fund Holdings: 52
Aluminum mining company Alcoa Corporation (NYSE:AA) made a key announcement in late February after it announced that it would sell some of its industrial sites to the data center industry. On the 24th, the firm revealed that it was selling ten of its closed sites to data center firms. Such sites are often close to power generation sources, and Alcoa Corporation (NYSE:AA)’s CEO announced that it would complete the first transaction before June-end.
Two days later, on the 26th, Bank of America discussed Alcoa Corporation (NYSE:AA)’s shares. It raised the share price target to $42 from $38 and kept an Underperform rating on the stock. BofA explained that its coverage of the stock was part of broader coverage of the metals and mining industry based on price forecast revision. On January 27th, Morgan Stanley had downgraded Alcoa Corporation (NYSE:AA)’s shares to Equal Weight from Overweight and raised the share price target to $64 from $52. It outlined that the aluminum company’s stock had performed well over the past couple of months to balance the risks and rewards.
Alcoa Corporation (NYSE:AA) is one of the largest aluminum mining companies in the world. It has operations in Spain, Norway, Iceland, Canada, and other countries.
1. Crown Holdings, Inc. (NYSE:CCK)
Number of Hedge Fund Holdings: 53
Jefferies discussed aluminum beverage can manufacturer Crown Holdings, Inc. (NYSE:CCK)’s shares on February 23rd. It kept a Buy rating on the stock and maintained a $142 share price target. Jefferies outlined that the firm was demonstrating operational strengths at its Bowling Green plant. The plant, located in Kentucky, is one of Crown Holdings, Inc. (NYSE:CCK)’s most advanced manufacturing facilities, and the firm has been showcasing its capabilities to investors as of late.
Crown Holdings, Inc. (NYSE:CCK) reported its earnings for the fiscal fourth quarter and full year 2025 on February 4th. The results saw the firm post $12 billion in sales and $7.79 in adjusted earnings per share for the full year. For the quarter, Crown Holdings, Inc. (NYSE:CCK) reported $3.1 billion in revenue and $1.74 in earnings per share. The revenue marked an 8% annual growth while the earnings marked a 9% growth from the year-ago quarter’s figures. Some factors that the firm attributed to the revenue growth were strong European shipments and favorable currency impacts.
Crown Holdings, Inc. (NYSE:CCK) is an American beverage can manufacturer headquartered in Tampa, Florida.
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