Aluminum giant Alcoa has invested greatly in building automotive aluminum production lines since 2013 to raise the output of high-end aluminum production. According to the rough statistics, the investment during 2013-2017 reached US$2.3 billion, which also increased 1,500 job opportunities.
Alcoa's output accounted for more than 1% of GDP in 2017. During the period from 2009 to 2016, the demand for aluminum from the US and Canada rose by 40%, and the figure still continued growing, especially in the demand from automotive industry.
Alcoa striving for development of automotive aluminum
2 May 2019 13:24 reported by Joy Liu
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