Page 30 - QATALUM SUSTAINABILITY REPORT 2013

SUSTAINABILITY REPORT | 2013 30 Local Sales total local sales increased in 2013 due to Qatalum’s efforts to encourage local development of a downstream aluminium industry. Qatalum is able to save cost in delivery, reduce its environmental impact, and further contribute to economic diversifcation and socio-economic impact through developing the local downstream industry. in January, 2013 Qatalum signed supply contracts with abdul noor and Qatar aluminium extrusion for the sale of premium aluminium. total volume of both contracts is approximately ten thousand tonnes for 2013, which is only a small amount by global downstream standards, but the contracts represent the beginning of a downstream aluminium industry in Qatar. Local Sales ($USD) 15,000,000 10,000,000 5,000,000 0 2012 2013 1,374,346 13,678,195 “encouraging the local aluminium downstream industry is a prime target and commitment at Qatalum. the contracts signed today represent the beginning of implementing such commitment towards Qatalum’s participation in developing local industry in Qatar.” CEO, Tom Petter Johansen at the contract signing