Alumina is the intermediary product that sits between bauxite and refined metal in the aluminium supply chain. Global demand for aluminium exceeds 50 million tonnes and is anticipated to grow to 75 million tonnes by 2020.
Demand is being driven by the increasing use of aluminium across a number of industries, including the automotive and aerospace industry, the packaging industry and in building and construction. A car with aluminium parts can be both significantly lighter and stronger than a car made of steel, making it markedly more energy efficient. Whilst growing urbanisation in developing economies and the recognition of the possibilities of aluminium in modern architectural design are driving demand in the construction sector.
The team at World kingdom Investments has many years’ experience in the alumina and aluminium markets. Its logistical and financial expertise enable it to work with market participants, offering a range of financing and trading solutions.