Vedanta Projects India’s Aluminium Output To Reach 5 Million MTPA Within 5 Years
Aluminium production from India could rise by up to 25 percent over the next four to five years, which would...
AZ China
Despite Power Cuts, China’s Aluminium Output In November Off By Only 1.8 Percent On The Year
An explosion at an aluminium smelter in Yunnan and energy supply cuts conspired to hold China’s aluminium output in November slightly below the prior month’s total. Such was the story told by production numbers released by Beijing last week. Per production numbers,...
Power Crunch To Tighten Further For China’s Aluminium Smelters As Winter Power Cuts Approach
Winter is coming to the People’s Republic of China, and along with it is the prospect of yet more power...
Guangxi Power Cuts Could Shutter Up To Half A Million MTPA Of Aluminium Smelting Capacity By Weekend
Up to half a million metric tons per annum of aluminium smelting capacity in Guangxi may be temporarily shuttered after...
Events
Experts See Arbitrage Window Widening In Post-Coronavirus China
Traders in and analysts of the People’s Republic of China’s aluminium trade expressed high hopes for a strong recovery last week, noting a possible arbritrage opportunity may be in the works. According to unnamed individuals who spoke with Reuters this week, market players expect the demand recovery to follow the coronavirus outbreak is likely to […]
China Hongqiao To Begin Transferring 2 MTPA Of Aluminium Smelting Capacity To Yunnan Next Year
In an effort at reducing its reliance upon coal-generated electricity, China Hongqiao Group Ltd said yesterday it plans to move almost one-third of its smelting capacity to the province of Yunnan in the southwestern portion of the People’s Republic of China. In comments to Reuters at China Aluminium Week, Hongqiao chairman Zhang Bo said the […]
Sources Say Xinfa Shutters 500 Thousand MTPA Of Aluminium Smelting Capacity In Xinjiang
An aluminium smelter owned by Xinfa Group in the Xinjiang Uygur Autonomous Region was shut down this week after an explosion at the plant according to a company source. The source, who spoke to Reuters on condition of anonymity, said the blast at the plant north of Ürümqi idled the entirety of its 500 thousand […]
Weak Aluminium Prices Fail To Hinder Record Production By Chinese Smelters In December
Though aluminium prices remained weak, Chinese smelters increased production last month, helping to propel the year’s output into record territory as well as setting a record in its own right. Such was the story told by official numbers released by the government earlier today. Data released by China’s National Bureau of Statistics indicated that the […]
Chinese Aluminium Smelters Announce Additional 800 Thousand TPA In Production Cuts
Recognizing the damage excess capacity continues to wreak upon the country’s aluminium market, the People’s Republic of China’s top smelters agreed on Friday to ax a minimum of 800 thousand metric tons per annum of smelting capacity in the next several months. An official from the meeting’s host, the China Nonferrous Metals Industry Association (CNIA), […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
