hongqiao

Hongqiao To Move Additional 1.93 MM MTPA Of Aluminium Smelting Capacity To Yunnan Province

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 million metric tons per annum to Yunnan province in the coming months. A notice published by the Yunnan government said the new...

Events

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 […]