LONDON, Jan 21 (Reuters) - The aluminium market is in vast over-supply but companies are queueing up to bring new, big projects on stream through to the middle of the decade.
Analysts say more projects need to be firmed up soon to avert supply shortages around the middle of the decade.
Below details some of the new plants which have just started up or are planned during the period.
In addition, there are expansions at existing operations and a number of new projects either proposed or underway in top producer China.
This year alone China's aluminium smelter capacity is expected to rise to around 22 million tonnes per year from about 20 million tonnes in 2009, according to state-backed research group Antaike.
Country Smelter Company Capacity When
('000 tpy)
Abu Dhabi EMAL* DUBAL/Mub- 700 Dec'09
adala
Greenland Maniitsoq Alcoa 350 -
Iceland Helguvik** Century 360 2012
India Korba BALCO 325 Q4 2011
India Jharsuguda II Vedanta 1,125 Q1 2011
India Orissa NALCO 500 ?
Malaysia Sarawak Rio Tinto 720 -
Malaysia Sarawak State Grid - -
Corp of China
Oman Sohar*** Rio Tinto 325 -
Phase II Oman Oil etc
Paraguay na Rio Tinto 480 2016
Qatar Qatalum Norsk Hydro/ 585 ends-’09
Qatar Petroleum
Saudi Arabia Ras Azzour Alcoa/ 740 2013
Ma'aden
Saudi Arabia Sino-Saudi Chalco/ 1,000 2013
Jazan Saudi Consortium
Trinidad & La Brea Alutrint/ 125 -
Tobago Votorantim
*First phase. Increase to 1.4 mln tpy expected to be completed by 2013/14.
**First metal in 2012. To come on stream in four 90,000 tpy phases.
***Currently on hold.
Source: Reuters
(Compiled by Karen Norton; additional reporting by Polly Yam in Hong Kong and Amena Bakr in Dubai)