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...
Last week the Chinese government tasked state-owned enterprises to cut their energy consumption per CN¥10,000 (US$1,570) by 15 percent and their carbon dioxide output by 18 percent by 2025. The move is part of a wider push to drive energy-intensive industries including...
An explosion at an aluminium smelter in Yunnan and energy supply cuts conspired to hold China’s aluminium output in November...
Cutbacks on power supplies in the People’s Republic of China so far this year have translated in a cut of...
Winter is coming to the People’s Republic of China, and along with it is the prospect of yet more power...
Regulators in Yunnan province have warned aluminium producers powered by hydropower sources to keep average monthly outputs at August levels for the remainder of the year. A document from the Yunnan Development and Reform Commission obtained by Reuters ordered the cuts, which come on top of 1 million metric tons per annum of capacity that […]
Up to half a million metric tons per annum of aluminium smelting capacity in Guangxi may be temporarily shuttered after the local power provider warned aluminium smelters in the region that it would soon begin rationing electricity to those plants. Guangxi Power Grid Corp said on Saturday that local aluminium smelters would be tasked with […]
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 that it is implementing “flexible production” at the Shandong Huayu smelter due to […]
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), […]
The Chinese aluminium sector is in peril, and the country’s smelters must soon take drastic and determined action in order to prevent an even steeper dive into the abyss. Such was the verdict of two industry reports released earlier in November, one each by Aladdiny and Antaike. In the report issued by Aladdiny, analysts noted […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...