NAICS 331313: Alumina refining and primary aluminum production
NAICS 331313 is the industry code for alumina refining and primary aluminum production. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 331313 covers
This code covers refineries that make alumina from bauxite and smelters that produce primary aluminum ingot from alumina.
Included in this code
- Alumina refining
- Primary aluminum smelting
- Aluminum ingot from alumina
- Aluminum production with in house rolling
Not this code
- Secondary aluminum smelting from scrap: see 331314 Secondary smelting and alloying of aluminum
- Aluminum rolling from purchased aluminum: see 331315 Aluminum sheet, plate, and foil manufacturing
- Bauxite mining: see 212290 Other metal ore mining
Businesses that use 331313
Financing for this trade
Primary aluminum producers rely on large term facilities, project financing and asset based lines on metal inventory. Lenders focus on power contracts, LME price exposure and hedging.
Apply for funding with AIIs 331313 the right code for an alumina refiner or primary aluminum producer?
Yes, if you refine alumina or smelt primary aluminum from alumina. Remelting scrap belongs in 331314, and rolling, drawing or extruding purchased aluminum belongs in 331315 or 331318. Bauxite mining is classified under mining codes such as 212290, even when owned by the same company.
What is the SBA size standard for 331313?
Under 13 CFR 121.201, a business classified under NAICS 331313 is small if it averages no more than 1,300 employees, counting affiliates, over the prior 24 months. SBA uses that number for loan eligibility and federal agencies use it for small business set asides. A firm above it can still qualify for SBA 7(a) and 504 loans under the alternative standard of $15 million tangible net worth and $5 million average net income.
What drives lending decisions for aluminum smelters?
Smelters use huge amounts of electricity, so lenders look first at long term power contracts and costs. They also review hedging against aluminum price swings, the condition of potlines and environmental compliance. Financing is usually large term loans plus an asset based line for metal and receivables.
What does NAICS 331313 cover?
Alumina refining and primary aluminum production. Industry level code in NAICS 2022, under 31-33 Manufacturing, 331 Primary metal manufacturing, 3313 Alumina and aluminum production and processing, 33131 Alumina and aluminum production and processing.
What financing do NAICS 331313 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for manufacturing businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 331313?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.