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End of Summit
The 14th Aluminum Raw Materials Summit organized by Asian Metal closed successfully on the afternoon of May 24. The Summit secured sponsorship from Ghana Bauxite Company Limited (GBC), Henan Zhengxin Win-Win Trade Co., Tianshan Aluminum Group Holdings Co., Xiamen Xiangyu Aluwin Co., and Chongqing Bosai Minerals Group Co. In the summit, a total of 12 speakers from 5 countries including China, Russia, India, Indonesia and Ghana delivered in-depth presentations.
The summit was attended by more than 400 delegates from 16 countries, including China, Australia, Guinea, Ghana, Sierra Leone, Malaysia, Singapore, India, Indonesia, UAE, UK, Germany, France, Turkey, Vietnam and ROK. Those delegates are involved in bauxite production, trading, logistics, inspection, equipment, financing and alumina production, trading; aluminum fluoride production, trading; prebaked anode and aluminum production.
Focusing on the topic of "Aluminum Raw Materials", Asian Metal is committed to creating an "International Platform, Characteristic Summit"!
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Artem Asatur
Deputy Chair
Russian Aluminium Association
Topic: Report on the Aluminum Development in Russia

Russia is the world's third largest producer of primary aluminum, with a history of more than 90 years. The annual capacity of unforged rolled aluminum and alloy is 4 million tons, and the annual capacity of semi-finished aluminum is 1.8 million tons. The annual production capacity of aluminum high value-added terminal products is 1.4 million tons, of which the construction field accounts for 26%, packaging accounts for 25%, electricity accounts for 16%, transportation accounts for 11%, and machinery manufacturing accounts for about 10%.
Weibo Li
Deputy General Manager
Sichuan Zhongfu Technology Development Co.
Topic: China Aluminum Industry Development and Outlook

As of March 2024, the annual production capacity of China's electrolytic aluminum is 45.19 million tons, and 42.1 million tons are in operation, 1.55 million tons are in the state of suspension which are mainly distributed in Yunnan, Guizhou, Sichuan and Inner Mongolia.
Jingkun Fang
Sales Manager
Ghana Bauxite Company Limited (GBC)
Topic: Ghana Bauxite Company (GBC) Mining and Development Report

Ghana Bauxite Company Limited (GBC) has been operating in the Awaso region of north-western Ghana since the 1940s. GBC mainly produces high grade bauxite Al2O3 51%min SiO2 2%max. The annual production capacity of bauxite will be expanded from 2 million tons to 3 million tons in the second half of 2024, and to 5 million tons next year.
Xuemei Mo
Deputy General Manager
Guangxi GIG Industrial Chain Service Group Co.
Topic: Report on the Alumina Industry Development in Guangxi
Guangxi has an annual alumina production capacity of 15.25 million tons, accounting for about 15% of the China's total production capacity, and 6 million tons of new capacities are currently under construction. The coastline of Guangxi reaches 1,769 kilometers, with 21 ports of various sizes along the coast, and the port advantages are obvious.
Melati Sarnita
Business Development Director
PT. Indonesia Asahan Aluminium
Topic: Report on Indonesia Aluminum Industry Growth
At present, Indonesia's annual alumina production capacity reaches 4 million tons, with the demand of 800,000 tons. By 2029, the capacity is expected to reach 7 million tons, and the demand volume will reach 6.3 million tons. In 2024, Indonesia's primary aluminum production is expected to reach about 400,000 tons, and by 2029, the production volume is expected to reach about 3.15 million tons.
Yingnan Song
Commercial Deputy General Manager
Guizhou Luxing Carbon New Materials Co.
Topic: Report on the Prebaked Anode Supply & Demand in Southwest China
At present, the annual production capacity of prebaked anode in Yunnan, Guizhou and Guangxi is 3.81 million tons and the demand capacity is 5.27 million tons, with the balance of 1.46 million tons. Annual production capacity is expected to increase to 5.81 million tons in 2025.
Xiaokai Zhang
Research Institute Dean
Beijing Capital Futures Co.
Topic: Forecast on the Aluminum Movement in China in H2, 2024
It is estimated that China's aluminum production in the second half of 2024 will reach 21.8 million tons, and the total production in 2024 will be more than 43 million tons, an increase of 3.2%. It is expected that the aluminum consumption of photovoltaic profiles in 2024 will be 5.8 million tons, an increase of about 1.4 million tons, around 31.5% YoY. In 2024, China would produce around 11 million new energy vehicles, an increase of 15.2% YoY, and the demand for aluminum will rise by about 300,000 tons.
Aulia Mulki Oemar
Division Head of Corporate Strategy
PT Mining Industry Indonesia (MIND)
Cargill Investments(China) Ltd.
Topic: Report on the Bauxite & Alumina development in Indonesia
Indonesia's total bauxite resources reach 6.6 billion tons, and estimated reserves are about 3.2 billion tons, of which MIND's bauxite resources account for about 587 million tons and reserves account for about 107 million tons.
Guangjun Cao
General Manager
Jiangsu Steamship Co.
Topic: Bauxite Ocean Shipping Market Outlook (West Africa-China)
The global bauxite trade volume in 2024 is estimated to reach 175 million tons, of which Guinean bauxite trade volume would reach about 118 million tons. Global seaborne demand is expected to rise modestly throughout the year, with a 7% increase in West Africa and a 5% increase in Guinea. On average for the whole year of 2024, the freight rate of the West Africa-China route will remain at USD25-28/t. The annual transportation volume of Jiangsu Steamship Co. is more than 18 million tons.
Zixiao Zhou
Deputy General Manager
Henan Yili Imp & Exp Trade Co.
Topic: The Alumina Supply and Bauxite Demand Structure in Henan of China
At present, the annual alumina capacity in Henan reaches 10.85 million tons, and the operating rate is about 82%. Henan alumina refineries are subject to weak profitability and bauxite supply shortage, resulting in low operating rates.
Zhiguo Li
Deputy General Manager
Shenyang Aluminum and Magnesium Engineering & Research Institute Co.
Topic: Report on the Alumina Refinery Technologies in China and Abroad
In the next four years, the growth of alumina production outside China will mainly come from Africa, Indonesia and India. China's alumina production has gradually shifted to coastal areas and uses imported bauxite, such as the port of Guangxi and Hebei.
Sarat Chowdhary
Managing Director
Thyme Europe Limited
Topic: Meeting the Demand: Aluminum Fluoride in India
In 2023, India's total annual production capacity of electrolytic aluminum is 4.14 million tons, of which Vedanta accounts for 58%, Hindalco accounts for 31%, and Nalco accounts for 11%. The annual demand for aluminum fluoride is 70,000 tons, and the single consumption is about 17kg. In 2028, the demand for aluminum fluoride in India is expected to reach about 95,200 tons.
Conference
Conference
Tea Break
Tea Break
Business Dinner
Business Dinner