Expanding AWAC's existing operations is less costly, produces better returns and has less risk compared to new greenfield projects.
Growth is carefully planned with new production matched to anticipated market demands. It also focuses on low-cost refineries.
A major plank in Alumina Limited's growth strategy is to work closely with Alcoa to maximise AWAC's performance and ensure sustained growth.
Potential expansion opportunities exist for the Australian, Jamaican, Suriname and Brazilian refineries.
Part of the growth strategy is to have varied expansion options available across the AWAC global network. This provides the flexibility to meet the growing demand for alumina and aluminium.
Over the past 10 years, aluminium consumption has increased by over 3% a year, growing faster than industrial consumption.
Since 1995, AWAC has steadily increased its alumina production from 9.9 million tonnes per annum to 14.4 million tonnes per annum (2008).
AWAC current alumina production capacity is approximately 17.2 million mtpy.
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