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Aluminum demand to rise to 78 million tonnes by 2025 -Rio Tinto

Published 2015-09-22, 12:06 p/m
© Reuters.  Aluminum demand to rise to 78 million tonnes by 2025 -Rio Tinto
RIO
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VANCOUVER, Sept 22 (Reuters) - Global aluminum demand will
rise by 24 million tonnes to 78 million tonnes annually by 2025,
a Rio Tinto (LONDON:RIO) executive said at an industry conference on Tuesday,
though market fundamentals will continue to force further
capacity closures.
"Demand for our products is clearly healthy. The issue we
face is excessive supply," Alfredo Barrios, Rio Tinto's chief
executive for aluminum, said at Metal Bulletin's International
Aluminum conference in Vancouver, adding that the aluminum
market should return to balance in the next five years.

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