68
million metric tons
Global Production
World Aluminum Institute (IAI)
+1.5%
YOY % Change
Provenance
Aluminum is primarily produced from bauxite ore, with major deposits found in Australia, China, Guinea, and Brazil. Guinea is the world’s largest producer of bauxite, which is then processed into alumina before being refined into aluminum. China is the largest producer of aluminum, driven by its extensive refining capacity.
Impact
Widely used in transportation, construction, packaging, and electronics, with power generation and transmission being a significant driver of current demand. Its lightweight and corrosion-resistant properties make it crucial in aerospace and automotive industries. Also used in consumer goods and electrical transmission lines.