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...
china capacity cuts
Chalco Shutters Production At Shandong Huayu Aluminium Smelter
Blaming the rising cost of electricity in the province, Aluminum Corp of China (Chalco) announced on Wednesday that it is ending aluminium production at its smelter in Shandong. Chalco said in a statement issued to the Shanghai and Hong Kong stock exchanges...
Chinese Aluminium: Higher Overhead And Lower Aluminium Prices Squeeze Out Capacity
The Chinese aluminium sector is in peril, and the country’s smelters must soon take drastic and determined action in order...
Henan Zhongfu To Move 250 Thousand MTPA Of Aluminium Production To Sichuan Province
Per an announcement made yesterday by corporate officials, People’s Republic of China aluminium producer Henan Zhongfu Industrial has opted to...
Events
Xinfa Escapes Seasonal Aluminium Production Cuts To Capacity In Shandong
A top aluminium smelter in the People’s Republic of China has escaped winter metal production cuts for 2018-2019, and will be mandated to drop alumina production by only a tenth for two months this season. Per documents published by the Liaocheng Economic and Information Technology Committee and acquired by Reuters, Shandong Xinfa Aluminium Group is […]
Quartet Of NE China Cities Announce Cancellation Of Alumina Projects
Only days after the announcement by one northeastern Chinese city’s announcement that it would not go forward with what was planned to be the biggest alumina refinery on Earth, four more cities in the province announced that their own plans for alumina operations met their end on the chopping block as well. On Monday, wire […]
China To Repeat Winter Aluminium Output Cuts In November
The People’s Republic of China’s Ministry of Industry and Information Technology said yesterday that the winter output cuts it mandated last winter would happen again this year. Saying that the action is pursuant to Beijing’s wider objectives on air quality improvement, the MIIT declared that cuts of 30 percent for the alumina and aluminium sector […]
Is Rio Tinto Changing Its Aluminium Strategy – Again?
After agreeing last December to sell the Dunkerque smelter in France many have seen the move as Rio Tinto’s desire to continue to divest its non-core parts of the aluminium segment – much like BHP Billiton did – such as Pacific Aluminium division’s assets in Australia and New Zeeland, and the ISAL smelter in Iceland. […]
The Promised Road: China’s Aluminum Industry in 2018 (Part 3)
With China gearing up for the lunar new year, the good news is that the air quality has improved significantly this winter, many calling this the “brightest” winter in the last five years. Although the favorable weather has played a part, the central government should definitely be given more credit for its environmental campaign. As […]
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious losses, causing the index to drop by 6.6% in May. The reason for this fall remains the same: investors are cautious about ...
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price ...
Research and Investment Hail Changing Tides for Montenegro’s KAP
On April 25, Montenegro’s Uniprom D.O.O. (owners of Kombinat Aluminijuma Podgorica, KAP) started construction works on a €15 million aluminium ...
Aluminium Industry Riding To Higher Demand In Electric Vehicles
This is an exciting time indeed for aluminium consumption, with demand for this highly versatile metal continuing to rise to ...
