As the global economy rebounds from the COVID-19 recession, the demand for aluminium is set to surge, with the International Aluminium Institute projecting a 40 per cent rise by 2030, requiring an additional 33 million tonnes of annual production. Karl Ágúst Matthíasson, co-founder and CEO of Icelandic aluminium analysis firm DTE, has shared his outlook for the aluminium industry in the coming year.
As an engineer and entrepreneur focused on revolutionising aluminium production, Karl anticipates increasing demand amid mounting energy and cost challenges. To meet these growing needs, he also foresees the integration of new technologies and increased usage of low-carbon aluminium products into the production process.
European aluminium producers to scale back production
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