Alcoa: 13 main competitors in bauxite, alumina and aluminum
Alcoa, a leading producer of primary aluminum, fabricated aluminum and alumina combined, ranked 13 of its main competitors.
These are: Rio Tinto, Aluminum Corporation of China, South32, Hangzhou Jinjiang Group, Norsk Hydro ASA, Glencore, Trafigura, J. Aron, Gerald Group, Emirates Global Aluminum, Century Aluminum, Vedanta Aluminum Ltd. and United Company RUSAL Plc.
Financial results of Alcoa
Alcoa is subject to highly competitive conditions in all aspects of the aluminum supply chain in which it competes.
Our competitors include bauxite miners supplying the third party market, alumina suppliers, refiners and producers, commodity traders, aluminum producers and producers of alternative materials such as steel, titanium, copper, carbon fiber, composites, plastics and glass.
With an integrated aluminum value chain, we are able to offer our Sustana line of products manufactured using low-carbon processes, including EcoSource alumina, Ecolum aluminum and EcoDura aluminum.
With business segments operating close to its worldwide customer base, the company meets customer demand in markets in North America, South America, Europe, the Middle East, Australia and China.
Alcoa is among the world’s largest bauxite miners.
Most of the world’s mined bauxite is converted into alumina for aluminum production.
In 2022, approximately 8% of Alcoa’s bauxite shipments were sold to external customers and Alcoa-operated mines supply approximately 92% of their volume to Alcoa’s refineries.
Mines operated by joint ventures in which Alcoa, including AWAC, has an equity interest supply approximately 55% of their volume to Alcoa’s refineries.
Its main competitors in the third-party bauxite market are Rio Tinto and multiple suppliers in Guinea, Australia, Indonesia and Brazil, among other countries.
The Company is the world’s largest producer of alumina outside China.
The alumina market is global and highly competitive, with many active suppliers, producers and traders of raw materials.
Among Alcoa’s main competitors in the third-party alumina market are Aluminum Corporation of China, South32, Hangzhou Jinjiang Group, Rio Tinto and Norsk Hydro ASA.
In recent years, there has been significant growth in alumina refining in China and India.
The primary aluminum market is global and demand for aluminum varies greatly from region to region. We compete with commodity traders, such as Glencore, Trafigura, J. Aron and Gerald Group, and aluminum producers such as Emirates Global Aluminum, Norsk Hydro ASA, Rio Tinto, Century Aluminum, Vedanta Aluminum Ltd. and United Company RUSAL Plc.