China Nonferrous Metals Industry

CNIA Suggest Aluminium Stockpiling In Response To Coronavirus Woes

CNIA Suggest Aluminium Stockpiling In Response To Coronavirus Woes

In a bid to limit the pressure on aluminium producers in the People’s Republic of China exerted by the quickly-spreading coronavirus, the China Nonferrous Metals Industry Association (CNIA) advised stockpiling the metal until the crisis has passed. The CNIA said most of...

China’s Aluminium Demand To Level Off At 50 MMT In 2023 – CNIA

Though consumption is expected to slow, Beijing expects the country’s aluminium demand to rise as high as 50 million metric tons in 2023. So said the China Nonferrous Metals Industry Association in a forecast released on Thursday. Per the CNIA, consumption will peak in 7 years due to the Chinese economy transitioning from a high-speed […]

Iran to Add 336 Thousand MTPA of Aluminium Smelting Capacity Next Year

A spokesman for the Iranian government told industry media last week that the country intends to add 336 thousand metric tons per annum of aluminium-smelting capacity to its country’s total next year. In an interview with S&P Global Platts that was reported on yesterday, Iranian Mines and Mining Industries Development and Renovation Organization’s (IMIDRO) Director […]

Ernst & Young Quits as Hongqiao’s Auditor

The world’s largest aluminium producer hit yet another speed bump on the road to releasing 2016’s financials after its independent auditor resigned late last week. China Hongqiao Group made the announcement on Friday in conformance with the Hong Kong Stock Exchange’s rules. According to Hongqiao, its now-former auditor Ernst & Young recommended that an independent investigation be […]

Summaries from the 31st Metal Bulletin Aluminium Conference

The 31st Metal Bulletin aluminium conference took place at Melia Avenida America Hotel in Madrid, Spain, from September 27th to 29th. Almost 400 delegates from all over the world participated. The conference covered significant topics in the aluminium market over the course of eight sessions featuring over thirty speakers. Some of the highlights from the […]