Rusal plans sales boost to plug China's aluminum deficit next year
2021-10-15 11:03:15 [Print]
Rusal, the world's largest aluminium producer outside China, plans to supply 300,000-400,000 tonnes of aluminium to China in 2021, roughly the same level as in 2020, and will significantly increase sales next year, said Roman Andryushin, the company's sales director in Russia, CIS and China.
"We plan to sign a series of long-term contracts for the first time in modern history," he said.
As a result of the planned launch of the Taishet smelter, Rusal's total aluminium production will increase to about 4.3 million tons in 2022, Andryushin said. Rusal will produce 3.8 million tons in 2020.
Andryushin expects the global aluminium market to have a shortfall of more than 1.5 million tonnes this year and 1.4 million tonnes in 2020.
"We plan to sign a series of long-term contracts for the first time in modern history," he said.
As a result of the planned launch of the Taishet smelter, Rusal's total aluminium production will increase to about 4.3 million tons in 2022, Andryushin said. Rusal will produce 3.8 million tons in 2020.
Andryushin expects the global aluminium market to have a shortfall of more than 1.5 million tonnes this year and 1.4 million tonnes in 2020.
Aluminum Fluoride 61%min FOB China
Unit:USD/mt
China aluminum fluoride producers' inventory statistics by province by month
Unit: mt
