LME Aluminium Inventories Fell by 1,800 mt on May 6

[SMM Aluminum Express News] Azerbaijan is exploring a separate new primary aluminum smelter with capacity of around 200,000 tonnes/year, Economy Minister Mikayil Jabbarov said at a September 22 meeting chaired by President Ilham Aliyev. The project has attracted interest from foreign investors and forms part of Azerbaijan’s longer-term ambition to develop into a regional processing hub, supported by competitive energy prices, transport links and access to raw materials from Central Asia and the South Caucasus. The proposed 200,000 t/y smelter is separate from Azeraluminium’s existing expansion in Ganja, where electrolysis capacity is planned to increase from around 50,000 t/y to 100,000 t/y by 2030. Azerbaijan will also assess whether the Zaylik alunite deposit can provide a domestic raw-material base for the aluminum value chain. The 2027-2030 mining and metallurgy programme requires an estimated AZN 5.3 billion (US$3.12 billion) of investment, around 80% of which is expected from non-budget sources.

[SMM 알루미늄 속보] 아제르바이잔은 2030년까지 간자 전해 공장의 아제랄루미늄 1차 알루미늄 생산능력을 연간 약 5만 톤에서 10만 톤으로 두 배 확대할 계획이다. 이번 증설은 새로 승인된 2027~2030년 광업·야금 산업 발전 국가 프로그램에 포함되어 있으며, 연간 5만 톤의 알루미늄 압연 생산능력도 목표로 한다. 일함 알리예프 대통령은 알루미늄 증설을 2030년 말까지 완료해야 한다고 밝혔다.