The first quarter of 2025, particularly January to March, outperformed earlier years, though February slipped slightly compared with 2024.
Alumina production, by contrast, has been more variable. Production jumped from 2.5 million tonnes in 2023 to 2.9 million tonnes in 2024, a year-on-year increase of nearly 14.9 per cent. This sharp momentum faltered in 2025. H1 production slipped marginally to 2.8 million tonnes, a 0.4 per cent decline from 2024. Monthly data showed several weaker points in 2025, underlining alumina’s greater exposure to supply and energy disruptions.
