Hongqiao To Move Additional 1.93 MM MTPA Of Aluminium Smelting Capacity To Yunnan Province
Yet more aluminium capacity is headed south this winter, as Chinese aluminium giant China Hongqiao Group will be relocating 1.93...
hongqiao
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...
China Hongqiao Aluminium Capacity Move To Yunnan Postponed Due To Power Cuts
The world’s biggest non-state-owned aluminium producer China Hongqiao Group said last week the planned relocation of aluminium capacity to Yunnan...
Hongqiao “Progressing Smoothly” At Alumina Refinery Construction In Indonesia
Chinese aluminium behemoth China Hongqiao Group is poised to begin the second phase of construction at its alumina plant in...
Events
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 […]
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 […]
China Hongqiao Begins Production At Hydroelectricity-Powered Aluminium Smelter In Yunnan
China’s aluminium smelting leviathan China Hongqiao Group Ltd. said last week it has begun the initial phase of production at an aluminium smelter in Yunnan that is powered via hydroelectricity. The new aluminium plant is run by Hongqiao affiliate Shandong Weiqiao Pioneering Group and boasts a nameplate capacity of 2.03 million metric tons, per the […]
Hongqiao Bottom Line Saved By Surge In Alumina Sales In 2018
Twice the volume of alumina sales in 2018’s latter half helped offset a drop in aluminium production and prices, balancing out China Hongqiao Group’s net profit in the period. In a filing released late last week, Hongqiao reported a full-year net income of CNY5.41 billion (US$805.97 million), off by 0.9 percent on the year. The […]
Lights Out for Hongqiao? Beijing Floats Proposal to Scale Back Captive Coal Power Plants
While nearly all of the discussion in recent days in the aluminium world has centered on United States sanctions levied against Rusal and Oleg Deripaska, an issue at least as important to the sector’s present and future is steadily reaching a boil on the other side of the Asian continent. China Hongqiao Group, the world’s […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
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 ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
