Primary aluminium recap: Strong momentum in the latter half of 2023 drives global primary aluminium production to new heights
In the fourth week of the year, the global primary aluminium segment recorded many significant events. To begin with, in 2023, the International Aluminium Institute (IAI) reported a 2.25 per cent annual rise in global primary aluminium production, reaching 70.593 million tonnes by the end of December. South32, a diversified mining company, has set a new record for half-year aluminium production, driven by the strong performance of its Hillside Aluminium operation in KwaZulu-Natal, South Africa.
The world primary aluminium production has recorded an annual increase of 2.25 per cent for 2023, reaching 70.593 million tonnes at the end of December, found the International Aluminium Institute (IAI). However, compared to the previous year, the growth rate has decreased in 2023.
South32, a diversified mining company, has achieved a record half-year aluminium production, propelled by the robust performance of its Hillside Aluminium operation in KwaZulu-Natal, South Africa.
"Securing a 10-year Natural Gas Supply Agreement marks a significant chapter for Alba", remarked Khalid Al Rumaihi, Chairman of the Board at Alba, during the Signing Ceremony held with Bapco Upstream, a wholly-owned subsidiary of Bapco Energies, on January 23, 2024, at Al Dana Hall, Alba.
To know more: https://www.alcircle.com/news/alba-secures-decade-long-gas-supply-agreement-with-bapco-energies-105728
The Aluminium Association of Canada (AAC), representing the three Canadian world-class aluminium producers – Alcoa, Alouette, and Rio Tinto - has wholeheartedly accepted the government’s decision to add aluminium to Quebec’s list of critical and strategic minerals.
To know more: https://www.alcircle.com/news/canadian-government-adds-aluminium-to-quebecs-list-of-critical-and-strategic-minerals-105718
Germany is currently experiencing an economic slowdown, and unfortunately, the aluminium industry is not immune to this challenging situation. It faces significant hardships due to elevated energy costs and the overall economic downturn.
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