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03 MAY 2024 AL CIRCLE

Africa's Q1 2024 primary aluminium production drops by 7.7% despite March recovery

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Primary aluminium production in Africa decreased during the first quarter of 2024 despite a recovery in the quarter’s last month. However, the output in March demonstrated a fall on a year-on-year basis. 

Africa's Q1 2024 primary aluminum production drops by 7.7% despite March recovery

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According to the International Aluminium Institute, primary aluminium production in Africa during Q1 2024 totalled 371,000 tonnes, reflecting a sequential plunge of 31,000 tonnes or 7.71 per cent from 402,000 tonnes. On a year-on-year basis, the Q1 2024 output stood 5.36 per cent lower than 392,000 tonnes. 

Africa’s primary aluminium production increased in March by 5,000 tonnes month-on-month from 121,000 tonnes to 126,000 tonnes. On an annual basis, the March 2024 output edged a fall of 5,000 tonnes or 3.82 per cent from 131,000 tonnes.


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EDITED BY : DEBANJALI SENGUPTA 2MINS READ

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