Stock-Driven, Trade-Linked, Multi-Regional Model of the Global Aluminium Cycle
Abstract
Future consumption and use of aluminium is expected to continue to increase significantly. However, due to the heavily inter-connected and complex global aluminium system, there is a need to better understand how increases in aluminium consumption and demand will impact the future flows within the global aluminium cycle. This study aims to analyse the historical flows and in-use stock of aluminium within each region to create a stock-driven, trade-linked, multi-regional model that can forecast global aluminium flows to 2050 through various scenarios. The end goal of this research effort is to provide the aluminium industry with a robust tool that provides insights into long-term business strategies given various possibilities for how the global aluminium cycle could evolve in the future.