The world's primary aluminium industry has wrapped up 2024 with an annual production of 72.758 million tonnes. Could it break the record of the previous year or surpass AL Circle's outlook? Of course, it did by 2.9 per cent from the earlier year's output of 70.716 million tonnes and by 1.05 per cent of AL Circle's projection of 72 million tonnes.
Until November 2024, the production volume was summed up at 66.622 million tonnes, meaning the remaining amount of 6.236 million tonnes was achieved in December alone, marking the highest monthly output ever. Month-on-month, the world's primary aluminium production in December recorded a rise of 3.3 per cent from 6.037 million tonnes, and on a year-on-year, it edged an increase of 3.02 per cent from 6.053 million tonnes.
The daily average output standing at 201,200 tonnes, the same as the previous month, indicates that one additional operation day in December drove the output higher. However, on a year-on-year basis, the daily production in December 2024 registered a hike of 3.02 per cent from 195,300 tonnes.
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