The 10 Biggest Aluminum Producers- 2014
The world's biggest aluminum
producers 2014
http://metals.about.com/od/Top-10-Producers/tp/The-10-Biggest-Aluminum-Producers-2014.htm
Global primary aluminum production reached 54 million
metric tonnes in 2014, representing an eight percent rise over 2013.
The world's ten largest aluminum
producers (by output) accounted for over 27 million tonnes, or half of all
production.
Most of this came from Asia, which
was the source of some 36.6 million tonnes, or about two-thirds of total global
production.
Faced with another year of
over-supply, each of the world's four largest producers - UC Rusal, Chalco, Rio
Tinto and Alcoa - cut production from 2013. However, the remaining companies in
the top ten all increased output over the year prior.
London Metal Exchange (LME) aluminum
prices for cash settlement averaged US$ 1,867 per tonne in 2014, a slight
increase over 2013.
The list below is based-upon output from primary refiners as reported in
each company's annual reports for 2014. Production figures - shown beside each
company name - are in thousands of metric tons (kilotonnes or kt).
1. UC Rusal (Russia) - 3,601kt
UC Rusal of Russia tops the list of
the world's largest primary aluminum producers for another year.
Despite a seven percent drop in
production as a result of a capacity curtailment program, the company produced
over 3.6 million tonnes, or about 6.7 percent of global output, in 2014.
The company currently operates 14
aluminum smelters in three countries. Twelve are located in Russia, with one
each in Sweden and Nigeria. Rusal's core assets are located in Siberia, which
accounted for about 95 percent of the company's aluminum production in 2014.
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2. Aluminum Corp. of China
(China) - 3,380kt
The Aluminum Corporation of China
(Chalco) remained China's largest aluminum producer in 2014. Although
production reached nearly 3.4 million tonnes, this represented a more than ten
percent decrease from 2013.
The state-owned company is listed on
the Shanghai, Hong Kong and New York Stock Exchanges.
Its primary aluminum assets include
the Shandong Aluminum Company, Pingguo Aluminum Company, Shanxi Aluminum Plant
and the Lanzhou Aluminum Plant.
3. Rio Tinto (Australia) -
3,361kt
The Australian mining giant Rio Tinto
held onto its spot as the world's third largest primary aluminum producer from
2013 despite a five percent drop in output.
The decreased output was offset by
cost reduction and productivity improvements, which resulted in Rio Tinto's
aluminum group reporting a 124 percent increase in earning in 2014.
The company's primary aluminum
smelters are located in Canada (8 smelters), Cameroon, France, Iceland, Norway
and the Middle East.
Value-added products represented 62
percent of primary metal produced in 2014.
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4. China Hongqiao Group Ltd.
(China) - 3,158kt
China Hongqiao, which only first
showed up on the list of the world's ten largest aluminum producers in 2010,
continued to rise up the list in 2014.
The company leapfrogged Alcoa after
increasing output by over 700,000 metric tonnes (a roughly 30 percent increase)
from 2013.
Output growth has been driven by
capacity expansions and acquisitions, which have provided China Hongqiao with
the largest aluminum production capacity in China.
China's largest private aluminum
producer was founded in 1994 and is headquartered in Zouping, Shandong. China
Hongqiao Group Limited is a subsidiary of China Hongqiao Holdings Limited.
5. Alcoa (USA) - 3,125kt
The Aluminum Company of America
(Alcoa Inc.), America's largest aluminum producer, continued to reduce capacity
in 2014 while focussing on the development and sale of value-added products.
Total aluminum output was down over
ten percent from 2013 to 3.125 million tonnes following the temporary
curtailment of two smelters in Brazil and the permanent closure of the
Portovesme smelter in Italy.
However, sales of value-added
aluminum allowed the company reported an average price of US$ 2,405 per metric
tonne in 2014, a seven percent increase over the year prior.
Founded in Pittsburgh, Pennsylvania
in 1888, Alcoa now operates in 31 countries worldwide.
Key aluminum assets include the
Fjardaál smelter (Iceland), Alcoa World Alumina and Chemicals (Australia), the
Baie-Comeau and Becancour smelters (Canada), as well as the San Cibrao smelter
(Spain) and smelters in Newburgh (Indiana), Ferndale (Washington) and Rockdale
(Texas).
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6. China Power Investment Corp.
(China) - 2,669kt
China Power Investment Corporation's
(CPI) aluminum assets increased output after falling in 2013.
Total primary aluminum output reach
nearly 2.7 million tonnes, representing an increase of about 10 percent from
the year prior.
CPI, China's second largest
state-owned aluminum producer - and third largest in the country - is a
comprehensive investment group that holds assets in power generation, coal,
aluminum, railways and ports.
The company was founded in 2002. Its
major aluminum assets include the Ningxia Qingtongxia Energy and Aluminum and
CPI Aluminum International Trading Co. Ltd.
7. EGA Dubal and Emal -
2,341kt
Emirates Global Aluminum (EGA) was
formed in 2013 with the merging of Dubai Aluminium (“DUBAL”) and Emirates
Aluminium (“EMAL”).
With a combined production
capacity of 2.4 million tonnes per annum, the company is owned equally by
Mubadala Development Company of Abu Dhabi and Investment Corporation of Dubai.
EGA's aluminum assets include the
Jebel Ali smelter and power station, as well as the El Taweelah smelter - the
world’s largest single-site primary aluminium producer.
Website: www.ega.ae
Xinfa
8. Shandong Xinfa Aluminum
& Electricity Group Ltd. (China) - 2,306kt
Shandong Xinfa Aluminum Group Co.
Ltd. is China's second largest private aluminum producer.
Following a 20 percent rise in output
in 2013, the company again increased output in 2014 - this time by about ten
percent - to over 2.3 million tonnes.
Founded in 1972 and headquartered in
the Shandong Province of eastern China, the company has over 50 subsidiaries in
power generation, alumina and aluminum refining, carbon production and
downstream aluminum product manufacturing.
Shandong Xinfa's major aluminum
assets include Chiping Huaxin Aluminum Industry Co. Ltd., the Shandong Xinfa
Hope Aluminum Co. Ltd. (East Hope Group) and Guangxi Xinfa Aluminum Co. Ltd.
Norsk Hydro
9. Norsk Hydro ASA (Norway) -
1,958kt
Reporting a one percent increase in
output over 2013, Norsk Hydro's aluminum production reached nearly 1.96 million
tonnes in 2014.
The Norwegian company is a fully
integrated aluminum producer, with operations that include bauxite mines,
alumina refining, primary metal production, as well as value-added casting.
Norsk employs 13,000 people in 50
countries and is Norway's second-largest power production operator.
The company's largest aluminum
smelters include Sunndal (Norway), Ardal (Norway), Alouette (Canada), a 51
percent stake in Albras (Brazil) and a 50 percent stake in Qatalum
(Qatar).
10. East Hope Group (China) -
1,395kt
East Hope Group is another of China's
rapidly growing private aluminum producers.
The company's output grew from 1.24
million tonnes in 2013 to nearly 1.4 million tonnes in 2014.
Founded in 2003 and based in
Sanmenxia, Henan Province, East Hope Aluminum Co. Ltd. is a subsidiary of East
Hope Group Company Ltd.
The company's main aluminum assets
are located in Henan, Inner Mongolia and Xinjiang. East Hope Aluminum confirmed
late in the year that it is still expecting to bring phase one of a 800,000
tonne-per-year aluminum smelter in online in 2015.
