14:30 - 17:00 - PRE-CONFERENCE WORKSHOPS
WORKSHOP A - Lessons from Past Downturns
and Strategies for the Upturn
CRU's pre conference Workshop will focus on how previous economic downturns affected the aluminium industry and what lessons we have learnt. The Workshop will look at the nature and extent of previous recessions and how it impacted demand and supply, and what to look for in spotting the beginning of the upturn. The workshop will also consider what strategies to adopt in coping with the downturn and as importantly preparing for the upturn.
The workshop will be conducted by:
Colin Pratt, Managing Consultant, CRU Strategies
Kelly Driscoll, Head of Cost Analysis, CRU Analysis
Paul Williams, Research Manager, CRU Analysis
WORKSHOP B - Aluminium Price Risk Management
• An overview of PRM
• Transaction Hedging – How much margin is protected?
• Discretionary Hedging – Risk Management or Speculation?
• Governance Issues – How well is your Price Risk Management Programme functioning in this environment?
The workshop will be conducted by:
Mary Lou Southwood, Managing Consultant,
CRU Price Risk Management
WELCOME RECEPTION
18:30 - 20:30 Grand Hyatt Hotel
MONDAY 11 MAY
08:00 Registration & Coffee
09:00 Welcome Remarks
Robert Perlman, Chairman, CRU Group
Welcome Address
Abdulla Kalban, President &CEO,
Dubai Aluminium Company Ltd, Dubai
Chairman Day One - Opening Remarks
Malcolm McHale, General Manager, Special Projects,
Dubai Aluminium Company Ltd, Dubai
KEYNOTE ADDRESS: GLOBAL ECONOMIC OUTLOOK AND
THE ALUMINIUM INDUSTRY
Bernt Reitan, Executive Vice President – Alcoa,
Group President – Global Primary Products, USA
Gaining and sustaining markets for a gulf aluminium industry
Walid Al Attar, Vice President, Marketing & Sales,
Dubai Aluminium Company Ltd, Dubai
Clearing the air - technology as part of the solution
Hilde Merete Aasheim, Executive Vice President,
Aluminium Metal, Hydro, Norway
SESSION 1 – SUPPLY, DEMAND AND METALS MARKET OUTLOOK
Outlook for primary aluminium prices – short, medium and long-term.
Where will new capacity be located? Has the role of funds diminished?
China’s growth and the global economic recovery
Ted Plafker, China Correspondent and Author
Short term outlook
Robin Bhar, Metals Strategist, Calyon Crédit Agricole CIB, UK
Long term outlook / cost drivers
Marco Georgiou, Principal Consultant, CRU Analysis, UK