Technical FAQs 4

How much aluminium did Azerbaijan Export in 2023?

Thus, if in 2022 Azerbaijan exported over 68,263 tonnes of aluminium and aluminium products, then in 2023 the supplies exceeded 74,502 tonnes, increasing in volume by 9.14%.

How will 'green' energy affect Azerbaijan's aluminium production?

In the long term, the global shift towards "green" energy will continue to boost demand for aluminium. This situation benefits Azerbaijan, which is expanding its aluminium production and has initiated a programme to modernize its facilities in Ganja and Sumgayit.

Does Azerbaijan invest in Talco?

Azerbaijan Investment Company OJSC (AIC) plans to participate in financing this endeavour. It should be reminded that the design capacity of TALCO is 517,000 tonnes of aluminium per year, and in the past domestic aluminium producers have cooperated with this enterprise quite closely.

Why are aluminium prices rising in China?

As per research by China's Shanghai Dongwu Jiuying Investment Management Co., the rise in prices is due to "fears that sanctions will reduce the supply of Russian aluminium to Western markets", and these are justified fears, because until recently Russian primary aluminium accounted for about 91% of the LME's storage system.

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