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Production and trade of aluminum

As the main raw material for electrolytic aluminum production-alumina, the geographical location of its production is mostly distributed near the area adjacent to bauxite resources. Due to the high dependence of electrolytic aluminum production on alumina raw materials, most of the world's alumina (about 80% to 90%) is sold through long-term contracts, which are rarely available in the spot market.

Aluminum ingot consumption

With the increase of electrolytic aluminum production year by year and the reduction of production costs, aluminum and aluminum alloys are widely used in various fields, driving the rapid growth of aluminum consumption. In 2007, global aluminum ingot consumption was 37.81 million tons.

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