Investor Presentaiton
Future consumption growth
increasingly met with recycling
New primary capacity still necessary to balance markets
Global aluminium consumption
In million tonnes
Majority of announced primary growth based on high
carbon energy sources
In million tons
t CO2e
per t Al
1.7
29.1
35.2
12.1
6.2
2.1
0.5
1.8
CAGR CAGR
140
2011-22 2022-30
3.9%
2.7%
120
4.1%
5.4%
100
3.5%
1.4%
80
60
60
40
40
20
0
World. Ex
China
Creep/ Likely
restarts/ projects
Production disruptions
Probable
projects
Additional
production China net
needed
World ex.
consumption
2022
2030
Largely balanced markets
Expected likely and probable projects are developed
In million tons
100
16
3
124
~3-4
whereof
~1.2 Mt China
Recycled
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Total metal requirement
Primary
Total
aluminium
demand
Recycling
China
primary
growth
World ex.
China
Primary gap
incl. China
growth
2022
(likely and
Source: CRU
probable)
Total
aluminium
demand
2030
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