Xinfa Group

Chinese Aluminium Smelters Announce Additional 800 Thousand TPA In Production Cuts

Chinese Aluminium Smelters Announce Additional 800 Thousand TPA In Production Cuts

Recognizing the damage excess capacity continues to wreak upon the country’s aluminium market, the People’s Republic of China’s top smelters agreed on Friday to ax a minimum of 800 thousand metric tons per annum of smelting capacity in the next several months....

Events

Year’s First Bauxite Shipment Earns Fiji Government US$1.4 MM

Fiji’s first bauxite shipment of 2017 netted the government US$1.4 million dollars, bringing the total earnings from bauxite sales since they began in 2010 to US$25.1 million. Director of Mineral Development Dr. Raijeli Taga made the announcement last week, going on to explain that the inaugural shipment of the year was made on March 3. […]

Metro Mining Inks Bauxite Contract with Xinfa Group

Brisbane’s Metro Mining Ltd announced yesterday that it has papered an agreement with the People’s Republic of China’s Xinfa Group. According to Metro, the agreement is for four years and obliges the firm to provide one million metric tons in the contract’s first year, then two million metric tons per annum for the remaining three […]