World refined production is estimated to have increased by 1% in the first nine months of 2018 with primary production (electrolytic and electrowinning) declining by 1.3% and secondary production (from scrap) increasing by 12%: The main contributor to growth in world refined production was China due to its continued expansion of capacity. Production in Chile was up by 3.5% mainly supported by a 9% increase in primary electrolytic production as output was constrained in the comparative period of 2017 due to a series of smelter maintenance shutdowns. Production in Indonesia and Japan was also substantially higher, recovering from reduced output last year. Increases in electrowinning (SX-EW) output in the DRC and Zambia also contributed to world refined production growth. However, overall growth was partially offset by a 32% decline in India’s output due to the shutdown of Vedanta’s Tuticorin smelter in April and declines in production in Australia, the Philippines, Poland, and the United States as a consequence of maintenance shutdowns and operational issues. On a regional basis, refined output is estimated to have increased in Africa (10%), Asia (1%) and Latin America (2.5%) whilst remaining essentially unchanged in Europe and declining in North America (-5%) and Oceania (-8%).
Updated On 09-Jan-2019
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