Africa & Asia going strong with alumina production, up 6.5% in 2024; outlook remains bullish with India’s output set to reach 9.7 MT
Africa & Asia (ex-China) ranks as the world's third-largest alumina-producing region after China, Oceania, and South America, accounting for nearly 10 per cent of the world's output annually. In 2024, the region's share of global alumina production increased slightly to exactly 10%, up from 9.65% in the previous year.
The contribution has grown in line with the increase in production volume from 13.014 million tonnes in 2023 to 13.859 million tonnes in 2024, reflecting a Y-o-Y rise of 6.49 per cent, according to the data revealed by the International Aluminium Institute. Throughout 2024, Africa & Asia's (ex-China) alumina production stood between 1.12-1.19 million tonnes. There were only three months when production exceeded 1.2 million tonnes, such as in March, June, and December.
According to IAI, Africa & Asia's (ex-China) alumina production in December 2024 saw a monthly rise of 2.62 per cent, amounting to 1.212 million tonnes versus 1.181 million tonnes in November. On a year-on-year basis, the December output edged an increase of 2.19 per cent from 1.186 million tonnes.
Unlock full access – sign up for FREE.
Key benefits
2024: Impact Minerals’ excellence in exploration decoded
Next articleDuring the Chinese New Year, alumina transactions were sluggish, and prices are expected to continue their downward trend
Grow with
AL Circle
