China Hongqiao Group

China Hongqiao To Continue Aluminium Capacity Relocation To Yunnan Despite Power Disruptions

China Hongqiao To Continue Aluminium Capacity Relocation To Yunnan Despite Power Disruptions

An unreliable power supply will not slow down China Hongqiao’s plan to move 2 million metric tons per annum of aluminium smelting capacity to Yunnan province according to a company spokesperson. The firm has gone on record previously as intending to move...

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Events

Aluminium Price Spike At Shanghai Exchange Prompts CNIA Meeting

Aluminium Price Spike At Shanghai Exchange Prompts CNIA Meeting

Citing an “irrational surge” in aluminium prices, the China Nonferrous Metals Industry Association (CNIA) met earlier this week to discuss prices reaching highs not seen in over a dozen years. At the Shanghai Futures Exchange, primary aluminium reached US$$3,332 per metric ton, besting August 2008’s previous high. Prices sparked in large part due to fears […]

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China Hongqiao Expected To Move Another 1 MM MTPA To Yunnan Province

China Hongqiao Expected To Move Another 1 MM MTPA To Yunnan Province

More aluminium capacity is moving south in the People’s Republic of China, as sources indicate that China Hongqiao Group is expected to relocate roughly 1 million metric tons per annum to Yunnan province. A pair of sources claiming knowledge of the situation told Reuters last week of the move of aluminium smelting capacity from Shandong […]

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China Hongqiao To Release Carbon-Reduction Goals By Year’s End

China Hongqiao To Release Carbon-Reduction Goals By Year’s End

The largest private-sector aluminium producer said last week that it plans to publish its targets for cutting carbon emissions along with a roadmap for achieving that end. China Hongqiao Group’s chairman Zhang Bo revealed at the China Development Forum that his firm was partnering with a number of top institutions around the world to establish […]

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China’s Primary Aluminium Production Jumps By 7.9 Percent In September

China’s Primary Aluminium Production Jumps By 7.9 Percent In September

The People’s Republic of China saw a 7.9-percent rise on the year of primary aluminium last month, reaching a total of 3.16 million metric tons according to the National Bureau of Statistics’ numbers released yesterday. Experts chalk up the increase to new capacity coming online over the summer, which pushed the daily average to a […]

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