https://newsletter.en.creamermedia.com
Aluminium|Copper|drives|Energy
Aluminium|Copper|drives|Energy
aluminium|copper|drives|energy

Alcoa 'very bullish' on aluminium for energy transition

30th October 2024

By: Reuters

  

Font size: - +

SYDNEY - Alcoa  is "very bullish" on aluminium as the energy transition drives demand growth, including substitution away from copper, CEO William Oplinger said on Wednesday.

"As we look forward, demand growth will be driven by this energy transition," he said, adding that as demand outstrips supply for copper, demand for aluminium will grow because it is a ready substitute in some applications, he told a conference in Sydney.

Megatrends are driving aluminium demand of 3%, 4%, and 5% every year, he said.

"Couple that with some supply changes in the industry, for instance the Chinese sticking to a mandatory cap they have put in place ... that shapes up to a much stronger aluminium market globally," he said.

Edited by Reuters

Article Enquiry

Email Article

Save Article

To advertise email advertising@creamermedia.co.za or click here

Comments

Showroom

Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 
M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 17 October 2025
Magazine round up | 17 October 2025
17th October 2025
Photo of Martin Creamer
On-The-Air (10/10/2025)
10th October 2025 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.104 0.19s - 184pq - 2rq
Subscribe Now