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Aluminum Quote by Ivan Glasenberg

“We're creating new supply for the world, which is key. If we didn't get more tonnes into the system, your next motorcar is going to cost more because the aluminum cost is going to be higher.” quote by Ivan Glasenberg
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“We're creating new supply for the world, which is key. If we didn't get more tonnes into the system, your next motorcar is going to cost more because the aluminum cost is going to be higher.”

Ivan Glasenberg

About This Quote

Source Interview: Public Statements, 2023

Increasing aluminum supply is essential to keep vehicle costs low; scarcity would raise prices for consumers.

In simple terms: More aluminum means cheaper cars.

Key Takeaway

Support sustainable mining and recycling.

Themes

economics industry resources innovation environment policy

Mood

analytical concerned

Type

business policy

When to use this quote

  • automotive manufacturing
  • government regulation
  • investment decisions

Key Concepts

supply chain material scarcity market dynamics

Questions to Reflect On

  • How can we balance demand with environmental impact?
  • What alternatives exist to aluminum?
A Different Perspective

Supply constraints can cause price spikes and limit accessibility.

4.8 out of 5 (7 ratings)

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