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High Grade Primary Aluminium
First traded on LME:                          1978
Current specification introduced:  June 1987
World production:                              38,108,700 tonnes per annum (2007)

Despite being the most prolific metal on earth, aluminium only began to be used extensively once an inexpensive method for distilling it by means of electrolytic reduction was discovered in the mid 19th century. It is extremely light, pliable, has high conductivity and is resistant to rust. Little wonder then that it has become the most extensively used metal and more recently the largest contract traded on the LME.

World primary aluminium production


Source: WBMS www.world-bureau.com

Region %
Asia 43
Europe 24
America 22
Oceania 6
Africa 5
Total 100
Industry consumption


Source: Standard CIB Global Research www.standardbank.co.za

Industry %
Transport 26
Packaging 22
Construction 22
Other 14
Electrical 8
Machinery 8
Total 100
 
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