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SMM Data: Overseas Metallurgical-Grade Alumina Production in November And December Forecast

  • Dec 10, 2024, at 10:11 am
  • SMM
According to SMM statistics, in November 2024 (30 days), overseas metallurgical-grade alumina production decreased by 1.2% YoY, and cumulative production in 2024 decreased by 0.6% YoY.

According to SMM statistics, in November 2024 (30 days), overseas metallurgical-grade alumina production decreased by 1.2% YoY, and cumulative production in 2024 decreased by 0.6% YoY. In November, the average operating rate of overseas alumina refineries was 80.9%, up 0.6% MoM but down 4.1% YoY. On November 25, Rio Tinto announced that it had lifted the force majeure on alumina shipments from Gladstone, Australia, stating that QAL and Yarwun had recovered from the incident, and current production had returned to normal. Under the impact of this event, the two plants are expected to reduce production by a total of about 250,000 mt YoY this year. Additionally, on October 11, EGA announced that Guinea had stopped exporting bauxite from GAC, and the export ban has not yet been lifted. The shortage of bauxite supply may affect the normal production levels of EGA's Al Taweelah alumina refinery, and the specific situation needs to be continuously monitored.

Looking ahead, overseas metallurgical-grade alumina production is expected to decrease by 0.7% YoY in December, with an average operating rate of about 81.5%.

  • Industry
  • Aluminium
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