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Review of the strategy and activities - Outotec

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Chinese dem<strong>and</strong> for commodities anticipated<br />

to grow considerably<br />

• Urbanisation trend in China is very energy<br />

<strong>and</strong> metals intensive – 10-20 million Chinese<br />

citizens moving to <strong>the</strong> cities each year<br />

• Despite strong dem<strong>and</strong> growth in recent<br />

years, per capita consumption <strong>of</strong> most<br />

commodities is still low in China<br />

• China’s GDP currently growing at a rate <strong>of</strong><br />

10%, is anticipated to continue to grow at a<br />

rapid rate pace for a extended period<br />

Source: CRU<br />

Chinese GDP as a % Global GDP<br />

1980 0.9%<br />

1990 1.5%<br />

2000 3.1%<br />

2010 5.2%<br />

2020 7.9%<br />

2030 10.4%<br />

Development <strong>of</strong> Aluminium Consumption<br />

25<br />

Aluminium consumption,<br />

20<br />

kg/capita<br />

15<br />

10<br />

5<br />

0<br />

0 10 000 20 000 30 000 40 000 50 000<br />

Real GDP per capita,<br />

United States China Japan S.Korea<br />

US$, 1980 - 2004<br />

CMD 2007 | 17

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