MATERIALS
Metals: Non-Ferrous
World’s Most Productive Companies
Metals: Non-Ferrous
Non-Ferrous Metals companies produce aluminum, copper, and other non-iron metals and alloys. Productivity is cyclical and commodity-exposed, tracking metal demand, smelting and processing efficiency, and energy intensity. Energy cost position and exposure to electrification-driven metals like copper increasingly shape the leaders' productivity.
2025 was a softer year, with the group about 2% below its 2019 baseline. No company in the group reached the 2026 World’s Most Productive Companies list this year. None of the companies improved on the year, a broad-based decline.

Productivity Snapshot
- Metals: Non-Ferrous ranks fourth of ten Materials peer groups in 2025, at an Industrial Productivity Index of 0.98, about 2% below its 2019 baseline.
- 0 of 6 companies grew productivity in 2025.
- No company in the group earned a place on the 2026 World’s Most Productive Companies list this year.
- The group sits near its 2019 baseline but eased in 2025 as metals demand and realized margins softened.
Interested in learning more about how you stack up, where to improve, and the impact on margin, cash, inventory, and assets?