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Current IAI membership represents over 60% of global bauxite, alumina and aluminium production. Since its foundation in 1972 (as the International Primary Aluminium Institute), the members of the IAI have been companies engaged in the production of bauxite, alumina, aluminium, the recycling of aluminium, or fabrication of aluminium or as joint venture partners in such. While the Institute works closely with the national and regional aluminium associations, with which it shares many members, the associations themselves are not members of the IAI.