The global alumina market is undergoing a wave of production expansion. Iran, China, India, Russia and other countries are actively using new technologies, new equipment, and new methods to improve the production efficiency and product quality of alumina to meet the growing global demand for aluminum.

Recently, Iran and China began to cooperate in the production of alumina, showing the potential for cooperation between the two countries in this field. Iran has begun studying the possibility of producing 500,000 tons of alumina per year from low-grade bauxite with the assistance of China. The first phase of research has been completed and the second phase of research work is currently underway, aiming to achieve self-sufficiency. , and reduce dependence on alumina procurement from other countries.

According to IMIDRO data, Iran produced 99,473 tons of alumina in the first five months of production, an increase of 1.33% from 98,169 tons a year ago. Although this number is small, it shows Iran's growing trend in this field.

On the other hand, China is also actively expanding alumina production. Tianshan Aluminum Group will invest US$1.6 billion to build an alumina plant in Riau Islands, Indonesia, with an annual production capacity of 2 million tons. The initial annual output is 1 million tons, and the investment is US$952 million. This move is part of China's global layout in the aluminum industry and will further enhance its position in the global alumina market.

In Africa, Guinea's GAC has formed an alliance with Chinalco to build an alumina plant in the Republic of Guinea. The two companies signed a memorandum of understanding to leverage their combined expertise in the alumina refining industry. This move will not only increase Guinea’s alumina production, but also enhance the position of China and GAC in the global alumina market.

In Europe, Rusal began building new alumina refineries. Rusal, the world's second largest aluminum company, announced in June the construction of a modern alumina plant in the Leningrad region. The company will invest approximately 400 billion rubles to build four alumina production technology lines. The project will be developed in two phases. The production capacity of the first phase will reach 2.4 million tons per year and is expected to be put into production at the end of 2028. The second phase of the project will also have similar production capacity and is expected to be completed in 2032. Once completed, this project will create up to 7,500 new jobs in the area.

In India, Hindalco is preparing to build an alumina refinery with an annual output of 2 million tons in the Rayagada region of Orissa. The company has signed a long-term memorandum of understanding (MoU) with Odisha Mining Corporation (OMC) to procure bauxite for the project. This is Hindalco’s second alumina plant in Rayagada region, a move that will further consolidate its position in the Indian alumina market.

In addition, AEM has begun expanding its high-purity alumina refinery in Cap-Chat, Quebec. The company has begun to use advanced technology and equipment to produce more valuable aluminum products such as high-purity alumina. The implementation of this project will allow AEM to take shape in the next two years and further expand its influence in the global alumina market.