China overcapacity environment

China Committed to Aluminium Capacity Cuts: Chalco’s Lu

China Committed to Aluminium Capacity Cuts: Chalco’s Lu

Aluminum Corporation of China Limited (Chalco) told CRU’s 22nd World Aluminium Conference that the People’s Republic of China is determined to rein in aluminium production in over two dozen Chinese cities this winter. Chalco’s senior vice president Lu Dongliang told the conference...

Events

Baby Steps in China’s Long March to Rein In Overcapacity?

Inner Mongolia’s provincial government recently counseled Inner Mongolia East high-tech Materials Co., Ltd. to cease production on its greenfield one million metric tons per annum smelter project, which had only begun within the past several weeks. In its announcement of the plant’s immediate shutdown, the government stressed the idea that economic development must be conducted […]