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...
Citing an ongoing failure to rein in aluminium overproduction and the associated use of coal to fire said production, the People’s Republic of China’s Ministry of Ecology and Environment eviscerated local officials in Shandong province for their ongoing failure to enforce environmental...
A pair of sources claiming knowledge of the situation informed Reuters on Thursday that China Hongqiao Group will restart a...
Twice the volume of alumina sales in 2018’s latter half helped offset a drop in aluminium production and prices, balancing...
With this year’s winter cuts season behind them, China Hongqiao Group Limited will be slowly but surely ramping up production...
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), […]
A trio of sources claiming knowledge told Reuters yesterday that representatives from China Hongqiao Group, Aluminum Corp of China Ltd (Chalco), and other Chinese major aluminium producers will hold a meeting today to hash out the implications of falling prices and weak demand for the country’s aluminium sector. Per the unnamed sources, the China Nonferrous […]
The most prolific aluminium producer on Earth will be compelled to cut over half a million metric tons per annum of production capacity over the winter months as part of the state’s effort at fighting smog production. According to documents obtained by Reuters, the Shandong province’s city of Binzhou has ordered the closure of five […]
Shares of the world’s most prolific aluminium producer dove for the second straight day on Monday after its home province debuted a new fee schedule for captive power plants. China Hongqiao Group Limited watched its shares plummet by 8.5 percent yesterday, bottoming out at a two-year nadir of HK$5.30 (US$0.675). The slide followed a fall […]
A partnership announced yesterday by Yunnan Aluminium between Aluminum Corp of China (Chinalco) and Yunnan Metallurgical Group will see the emergence of a new Chinalco with greater access to the significant hydropower resources of Yunnan province. Per an agreement signed in Kunming on Sunday, Yunnan Metallurgical Group, owner of Yunnan Aluminum Co Ltd., is to […]
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