Industry News

Africa’s primary aluminium production in July 2024 jumps by 4.65%, yet total Y-T-D output drops

Views : 54
Update time : 2024-09-09 15:21:49

Africa's primary aluminium production in July 2024 reached a new high compared to the previous six months' data but still stood lower than in the same period last year, found the International Aluminium Institute (IAI).
 

According to IAI, Africa's primary metal output in July 2024 witnessed a month-on-month jump of 6,000 tonnes or 4.65 per cent, standing at 135,000 tonnes, the highest in seven months, but recorded a year-on-year drop of 1,000 tonnes from the production in July 2023.

It is to be noted that Africa's primary aluminium production until July 2024 surpassed 130,000 tonnes for only two months. In the remaining five months, the output lingered below 130,000 tonnes, mostly ranging around 128 tonnes. February 2024 was the onlooker of this year's least primary aluminium production in Africa, with the volume amounting to 122,000 tonnes.

Related News
Read More >>
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
Feb .25.2025
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
EU expands sanctions on Russian aluminium: industry calls for closing loopholes EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Feb .25.2025
EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
Feb .25.2025
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
Alba announces Ma’aden as a major shareholder Alba announces Ma’aden as a major shareholder
Feb .25.2025
Alba announces Ma’aden as a major shareholder