Aluminum is one of the most abundant metals in the world, which is usually obtained from bauxite ore. Guinea, Australia and Vietnam are cited as the largest receivers of bauxite reserves, while China leads in terms of aluminum production levels. Hongqiao Group, Chalco, Shandong Xinfa, Rusal, Alcoa and Rio Tinto are among the largest aluminum producers in the world.
Global Aluminum production is estimated at 5,699 (kt) at a daily rate of 183.8
Average daily production decreased by 0.59% compared to July. China’s production estimate is 3,299 (kt)
African production is 137 (kt)
North America is 315 (kt)
South America is 101 (kt)
Asia (excluding China) is 384 (kt)
Production in Western and Central Europe is 278 (kt)
Russia and Eastern Europe is 350 (kt)
Oceania is 159 (kt)
GCC (Gulf) production is 504 (kt)
Global alumina production is estimated at 134,432 kt at a daily rate of 367.3 kt, representing an overall increase of 2% per year in 2020. Alumina production in Africa and Asia (excluding China) and South America increased by 20% and 10% respectively. North America appears to be the only region that saw a significant decrease during the pandemic – a 9% decrease.
As with original aluminum, global alumina production over the past 10 years has seen an increase of nearly 50%.
Annual aluminum production in India could reach five million tonnes in five to six years, an official with state-owned unit Vedanta Ltd said on Thursday, an increase of about 25% from current levels.
“The output of 4 million tons of steel production today can increase to 5 million tons in about five to six years,” depending on the projects that the company is currently working in India, said Deeptaman Mukherjee, director of equipment for aluminum business in Vedanta. . “If there are new market participants coming in, and five million tonnes can eventually grow around 5.5 to 6 million tonnes of aluminum production”, he added during the interview. a panel discussion at the AZ China Virtual Aluminum Conference.
“Aluminum production will reach 5 million tons in the next 5-6 years.” Vedanta
Vedanta is increasing Lanjigarh’s annual capacity to one million tonnes of alumina
Annual aluminum production in India could reach five million tonnes in five to six years, an official with state-owned unit Vedanta Ltd said on Thursday, an increase of about 25% from current levels. “Today’s steel output of 4 million tons can increase to 5 million tons in about five to six years,” based on the company’s current operations in India, Deeptaman Mukherjee, director of infrastructure for business aluminum in Vedanta said. .
“If there is a new market player coming in, and five million tons can end up growing around 5.5 to 6 million tons of aluminum production”, he added during the interview. a panel discussion at the AZ China Virtual Aluminum Conference. India will be a “significant growth market” for aluminum consumption in the coming years as it undertakes construction projects to address the shortage of raw materials, according to Fitch Solutions, which sees consumption more than triple. to 9.5 million tons by 2030 from 2.6 million tons this year. age.
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