The low trading price of aluminium, and expensive production inputs, primarily the electricity and alumina production, have resulted in KAP generating daily losses of up to € 200,000.
Bauxite and alumina production increased 5.5% from January to December, 1998 compared to the corresponding period in 1997.
January's bauxite production recorded a 7.1% increase relative to January 1998 and continued expansion of alumina production through 2009 is planned by Alcoa.
The Aluminum Company of America said yesterday that it would cut its annual alumina production by 350,000 metric tons, or about 3.3 percent, because of weaker demand for the material, which is used to make aluminum.
Alcoa will immediately begin curtailing alumina production worldwide to bring it "into balance with market demand," said Al Posti, a spokesman for the Pittsburgh-based company.
The day after the accident, Environmental State Secretary Zoltán Illés ordered the suspension of the alumina production at the plant and the reconstruction of the dam.
Bauxite mining and alumina production provide about 80% of Guinea's foreign exchange.
April 2011: With additional of Tayan, West Kalimantan Alumina project which produce 5% of the world's alumina production, Indonesia will be the world's second largest Alumina producer.
UC RUSAL accounts for almost 9% of the world's primary aluminium output and 9% of the world's alumina production.
Sodium aluminate is also used in the paper industry, for fire brick production, alumina production and so forth.