China

First Payment On Infrastructure-For-Bauxite Deal Made By China To Ghana

First Payment On Infrastructure-For-Bauxite Deal Made By China To Ghana

After talks last weekend between representatives of the two governments, Ghana confirmed that it is going ahead with a US$2-billion deal with the People’s Republic of China to exchange infrastructure improvements in the West African country for bauxite ore. According to Ghanaian...

Events

China Issues Second Set Of Scrap Aluminium Import Quotas For Q4

Beijing issued the second set of scrap metal import quotas for the fourth quarter late last week, sharply reducing the allowed aluminium scrap intake from quantities allowed in the last quarter. China’s Solid Waste and Chemical Management Centre will allow 44,935 metric tons more of 7602000090 aluminium scrap into its ports during the fourth quarter, […]

China Hongqiao Planning New Aluminium Smelter In Yunnan

World-leading aluminium producer China Hongqiao Group Ltd. is reportedly in talks with officials from the Yunnan provincial government to build a new aluminium smelter in the region. “They are in the process of discussing this issue,” explained Yunnan’s vice governor Dong Hua to Reuters earlier this week. “Once they have discussed it, you will know.” […]

China Government Planning Strict New Standards For Imported Scrap Aluminium, Copper

According to a report obtained by a prominent commodities news outlet, the government of the People’s Republic of China is planning to recategorize high-purity scrap metal imports only months after setting quotas on the import of the same. Per Argus media, an unpublished proposal circulated in Beijing describes a plan to increase aluminium and copper […]

China’s Aluminium Scrap Imports Up By Over 7 Percent On The Year In August

Though imports of scrap aluminium into the People’s Republic of China rose on the year in August, levels were nearly identical to the month prior in August, the second full month of scrap aluminum restrictions under the new permitting regime implemented by Beijing this summer. Per domestic industry reporting, the Middle Kingdom imported 141 thousand […]

China Bauxite Imports Fall By 6 Percent In August Thanks To The Rains In Africa

Adverse weather conditions are to blame for the drop in imported bauxite ore by buyers in the People’s Republic of China, as rainy weather in Guinea hampered exports of the aluminium precursor to the Middle Kingdom in August. According to data released this week by the country’s customs department, China imported 9.04 million metric tons […]