China

Though Chalco’s Production Fell In Q1, Profits Rose By 46 Percent

Though Chalco’s Production Fell In Q1, Profits Rose By 46 Percent

Thanks to recently weak prices, Aluminum Corp of China Ltd. (Chalco) reported a drop in first-quarter aluminium production of 6.9 percent on the year. Per a data sheet sent to analysts earlier this week, Chalco smelted 950 thousand metric tons of primary...

Events

Hongqiao Set To Restart Closed Aluminium Smelting Capacity With More Efficient New Capacity

A pair of sources claiming knowledge of the situation informed Reuters on Thursday that China Hongqiao Group will restart a portion of the illegal aluminium-smelting capacity it shuttered in 2017. Per the sources, the move will essentially consist of replacing outdated production lines with more state-of-the-art capacity. Among the planned replacement technology is a high-performance […]

China’s Daily Aluminium Production Lowest Since October

The per-day aluminium production of smelters in the People’s Republic of China fell by 3.6 percent in March, dropping to a nadir not seen since last fall. Such was the picture painted by numbers released by Reuters yesterday, which were derived from figures announced by the National Bureau of Statistics earlier in the day. Per […]

Despite Bleak Outlook, East Hope Plans Alumina Refinery in Shaanxi

A municipal government in the Northwestern Chinese province of Shaanxi gave the go-ahead to a 4.8-million-metric-ton-per-annum alumina refinery to East Hope Group despite its reputation for operating illegal and pollution-prone capacity in the recent past. Under the subsidiary of Yulin Dongneng New Materials Co., Ltd., the Fugu County Development and Reform Bureau signed off on […]

India Launches Dumping Investigation Into Imports Of Aluminium- And Zinc-Coated Steel From China, Vietnam, And S. Korea

Acting on a complaint by a domestic producer, the government of India this week launched an investigation into allegations of dumping of aluminium and zinc-coated flat products by producers from the People’s Republic of China, Vietnam, and the Republic of Korea. The investigation, which is to be undertaken by India’s Directorate General of Trade Remedies […]

ABx Inks Agreement With Tianshan Aluminium For Up To 1.5 Million Metric Tons Per Year Of Binjour Bauxite

Australian Bauxite Limited (ABx) announced yesterday the signing of a memorandum of understanding with marketing partner Rawmin Mining and Industries and Chinese metals firm Tianshan Aluminium for the sale of between 500 thousand and 1.5 million metric tons per annum of bauxite ore harvested from ABx’s Binjour Project in Queensland. The agreement, which is contingent […]