Two Chinese Firms Add Aluminium Smelting And Processing Capacity Amid Rise In Bauxite Imports
A pair of aluminium producers in the People’s Republic of China announced additions in capacity totaling 205 thousand metric tons...
People’s Republic of China
China’s Daily Aluminium Production Lowest Since October
The per-day aluminium production of smelters in the People’s Republic of China fell by 3.6 percent in March, dropping to a nadir not seen since last fall. Such was the picture painted by numbers released by Reuters yesterday, which were derived from...
S&P Drops Chinese Aluminium Firm To CCC+ Rating After Missed Bond Payment
A missed interest payment on an offshore bond by a People’s Republic of China state-owned aluminium firm has prompted ratings...
Tepid Trading Picks Up On China’s Spot Aluminium Market After Spring Festival Break
Though initially struggling after the just-ended Spring Festival break, trading on the People’s Republic of China’s spot aluminium market is...
Events
Bauxite Imports To China Jump By Over 24 Percent In 2018
Stricter environmental standards and greater pressure on the black market led to a significant jump in bauxite imports to the People’s Republic of China last year, shrinking domestic supply while alumina refining rose. Per customs data released earlier this week, last year saw 85.61 million metric tons of bauxite ore reach its shores, a rise […]
“Sucking Sound” Of Loss Of Aluminium Smelting Capacity The Result Of Beijing Subsidies: Alcoa CEO Harvey
Monstrous subsidies from Beijing is contributing to the continued bloat of aluminium production in the People’s Republic of China according to Alcoa Corporation’s CEO Roy Harvey, and he’s working to muster support from government officials around the globe to help put a stop to it. Noting that state support for Chinese aluminium capacity is “on […]
Hongqiao To Restart 100 Thousand MTPA Of Aluminium Capacity
With this year’s winter cuts season behind them, China Hongqiao Group Limited will be slowly but surely ramping up production levels over the next several months. The world’s most prolific aluminium producer made the announcement Friday, a day removed from the end of mandatory winter production cuts season. Specifically, the firm said it would commence […]
Chalco Shutters Production At Shandong Huayu Aluminium Smelter
Blaming the rising cost of electricity in the province, Aluminum Corp of China (Chalco) announced on Wednesday that it is ending aluminium production at its smelter in Shandong. Chalco said in a statement issued to the Shanghai and Hong Kong stock exchanges that it is implementing “flexible production” at the Shandong Huayu smelter due to […]
Still Well Above 2017 Totals, China’s December Imports Of Alumina Fell By 37.9 Percent On The Month
Though still up significantly over last year’s total, December saw a respectable drop off in exports of alumina from the People’s Republic of China according to numbers released yesterday by the General Administration of Customs. Beijing says the year’s final month saw 177,430 metric tons of the aluminium precursor leave the Middle Kingdom’s shores, off […]
Aluminium Industry Riding To Higher Demand In Electric Vehicles
This is an exciting time indeed for aluminium consumption, with demand for this highly versatile metal continuing to rise to dizzying heights with every new estimate. Among the brighter stars in the consumption constellation continues to be that of electric vehicles. As ...
Leaders Emerge In The Aluminium Industry’s Race To Zero Carbon
One of the aluminium industry’s major goals continues to be the production of metal in a manner that emits the ...
Aluminium Market Update: Why Are Aluminium Prices Lagging Behind Other Base Metals?
Base metals prices have recovered significantly since January’s lows after news that the US and China are inching closer to ...
The Venezuela Blackout Spells Doom for its Aluminium Industry
After Venezuela’s energy supply failed on March 8th, the directors of the CVG together with the presidents of each company ...
