The International Aluminium Institute (IAI) has today released July production figures for primary aluminium. According to the data:
• Global primary aluminium production is estimated to be 5,452 (kt) at a daily rate of 175.9
• Production daily average decreased by 0.34% compared to June
• Estimated Chinese production was 3,131 (kt)
• Africa production was 133 (kt)
• North American was 333 (kt)
• South American was 78 (kt)
• Asia (ex China) was 343 (kt)
• Western Europe production was 283 (kt)
• East & Central Europe was 349 (kt)
• Oceania was 164 (kt)
• GCC (Gulf) production was 488 (kt)
Overall, primary aluminium production in July increased by 0.63% year-on-year.
Following news that Hindalco has become the 1st first-ever company to achieve 100% red mud utilisation worldwide, Secretary General for the International Aluminium Institute (IAI), Miles Prosser, said: “For successfully exploring new uses for Bauxite Residue in the cement industry, I’d like to congratulate IAI member Hindalco and UltraTech Cement for this fantastic achievement. If aluminium by-products can also deliver environmental benefits in another industry, such as cement, then we are making great progress towards a sustainable circular economy. Hindalco has contributed immensely to our work on Bauxite Residue in cement production and we’re looking forward to learning from them and hope to replicate their success across the industry. Our long term goal is to find uses for the industry’s by-products to ensure the least possible environmental disruption.”
AlCircle: Currently, IAI membership represents over 60% of global bauxite, alumina and aluminium production. Could you please share your views on the emergence and importance of Industry 4.0?
Mr Miles Prosser: Digital technologies are everywhere, affecting the way we live, work, travel and play. Digitalisation is helping improve the safety, productivity, accessibility and sustainability of systems and industries around the world. If adopted well, digital technologies have the potential to deliver exceptional value to various aspects of our lives.
• Global alumina production is estimated to be 10,980 (kt) at a daily rate of 366.0
• Production daily average increased by 0.41% compared to May
• Estimated Chinese production was 5,671 (kt)
• Overall, alumina production in June increased 0.22% year-on-year
• Global primary aluminium production in June is estimated to be 5,274 kt (kilo tonnes) at a daily rate of 175.8
• Production daily average increased by 0.06% compared to May.
• Estimated Chinese production was 3,005 kt
• Africa production was 129 kt
• North American was 330 kt
• South American was 73 kt
• Asia (ex China) was 337 kt
• Western Europe production was 273 kt
• East & Central Europe was 340 kt
• Oceania was 158 kt
• GCC (Gulf) production was 479 kt
Miles Prosser, IAI Secretary General notes: "Overall, primary aluminium production in June increased 0.23% year-on-year, and despite short term challenges, demand is set to continue to grow in the medium term as governments invest in post-Covid economic recovery."
Commenting on the agreement between Hydro and UNFPA, Miles Prosser, Secretary General of the International Aluminium Institute (IAI), welcomed the partnership noting that:
“Finding new uses for by-products from aluminium production is an important part of meeting's society's expectations on our industry. If aluminium by-products can also deliver environmental benefits in another industry, such as cement, then we are making great progress towards a sustainable circular economy. Hydro has been actively engaged in IAI’s work in increasing the use of bauxite residue in cement and concrete products and so this development is welcome news.”
At the start of 2020, there was a feeling that the global economy was finally shaking off the effects of the financial downturn of a decade ago. But then COVID-19 struck and since then, no industry has been spared the effects of the pandemic including the aluminium industry. Miles Prosser and Chris Bayliss take a look at the industry post CovidClick here for more information
A new report by global independent research analysts, CM Group, reveals greater optimism for the aluminium industry post-Covid with global aluminium demand expected to reach 298 million tonnes per year (mtpy) by 2050.Click here for more information