IAI: Global alumina production nearly 4-month high in December 2023

According to the latest data from the International Aluminium Institute (IAI) the alumina production in Dec’23 has surged to its highest level in nearly four months, reaching 12.29 mnt, marking a 3.7% increase from 11.85 mnt, m-o-m. Similarly, it increased 5.1% y-o-y from 11.69% in December 2022. Notably, China, as the primary alumina producer, accounted for 7.09 mnt, indicating a 3.4% increase from the preceding month’s 6.86 mnt.