Situation in the nonferrous metals industry focused on Aluminium

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Situation in the non-ferrous metals
industry(focused on Aluminium)

• High demand for the metals bright future
• MA of the big integrated Aluminium companies
• Only upstream is a sexy business
• Mining companies and Private Equity
• Energy costs, ETS threaten the smelters

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Aluminium Pool
Rusal
Sual
Hydro
VAW
Pechiney
Alcan
Alcoa
Alusuisse
Reynolds
Corus
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Aluminium Pool
Rusal
Hydro
Alcan
Alcoa
Corus
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Financial Investors
Rio Tinto
BHP Billiton
Mining Companies
Aluminium Companies
Aleris / TPC
Alcan
Alcoa
Chalco
Novelis / Birla
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