Alcoa have announced a $300 000 dollar expansion at its Davenport facility in Iowa dedicated to supplying aluminium sheet products to the automotive industry.

Aluminium is already the second most used material in vehicle manufacturing today and demand is predicted to nearly double by 2025.

"2014 marks the beginning of dramatic growth for aluminium in the auto sector. Automakers are increasingly choosing aluminium as a cost-effective way to improve the performance, safety, durability and fuel efficiency of their vehicles. Our project in Iowa is the first of three capacity expansions we have under way to meet this growing demand," Alcoa chairperson and CEO Klaus Kleinfeld said in a statement.

Source: Mining Weekly

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