SPIC Promises Peak Carbon Emissions By 2023
Chinese electricity and aluminium producer State Power Investment Corp (SPIC) said last week it is aiming to achieve peak carbon...
State Power Investment Corp
Huanghe Xinye Joins Aluminium Stewardship Initiative As Production And Transformation Member
The Aluminium Stewardship Initiative grew by one last week with the addition of China’s Huanghe Xinye (Yellow River) Co., LTD. as a Production and Transformation member. Huanghe Xinye’s addition brings the ASI’s total membership to 213. A subsidiary of Yellow River Upstream...
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...
SPIC Ningxia To Cut 50 Thousand TPA Of Aluminium Smelting Capacity In January
Following a recent retreat in production to match falling domestic prices for the metal, yet another aluminium smelter in the...
Events
NE China’s Planned 10 Million Tonne Alumina Smelter Canceled After Public Comment
A city in the People’s Republic of China’s northeastern industrial heartland has quashed plans for a new alumina-refining project due to negative feedback from the public. Reporting from Reuters indicates that the $US3.4 billion project planned for Chaoyang in Liaoning province was axed after public consultation on the plan. Per the city’s website, “differing opinions” […]
Six Major Chinese Smelters Agree to Cut Production if Aluminium Falls Below US$1,717
According to sources with knowledge of the events, six of the People’s Republic of China’s major smelters agreed to cut production in the event that aluminium prices drop below US$1,717 per metric ton. China’s Nonferrous Metals Industry Association (CNIA) held the meeting yesterday with several of the major players in the domestic aluminium industry to […]
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 ...
