hongqiao

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...

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 […]

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 […]