According to the International Aluminium Institute survey, the world’s alumina production in October 2024 reached a new high in tandem with the growth across all the major producing regions. The daily average output also exceeded all the previous records, reflecting a month-on-month increase of 2.26 per cent.
{alcircleadd}The monthly production stood at 12.61 million tonnes in October, up by 5.6 per cent from 11.94 million tonnes in September and 3.62 per cent more than 12.17 million tonnes in October 2023. This trend of monthly and year-on-year growth in alumina production is typical for this time of year. Historical data from the International Aluminium Institute (IAI) shows that global production of aluminium ore has consistently exceeded 12 million tonnes every October since 2022.
Daily average production in October was 407,000 tonnes, compared to 398,000 tonnes in September and 393,000 tonnes in October 2023.
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