Three Year-High Production Growth Rates, and the Western World Has Yet to Accelerate

KEY MESSAGES

1. World primary aluminum production expanded in September at its fastest rate in three years. 
    
2. Western World production is set to increase ahead despite some curtailments. 
    
3. Certain contractual negotiations pose some risks for operations in the US and Europe. 
    
4. HARBOR continues to expect world aluminum production to expand at a stronger pace in 2021.