Yunnan Aluminium Company

Chalco’s Strong Bottom Line In 2021’s First Half Due To Aluminium Price Recovery

Chalco’s Strong Bottom Line In 2021’s First Half Due To Aluminium Price Recovery

Aluminum Corp of China Ltd (Chalco) turned in its best half year profit in fourteen years last week even after Beijing’s mandatory cuts on aluminium outputs. For the first six months of 2021 Chalco reported a net income of 3.075 billion yuan,...

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Events

Bauxite Imports To China Jump By Over 24 Percent In 2018

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 […]

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Yunnan Aluminium Buys 380 Thousand MTPA Smelter for US$5.31 Million

Yunnan Aluminium Buys 380 Thousand MTPA Smelter for US$5.31 Million

An aluminium firm in southwestern China announced that it would boost capacity by one-third after acquiring a majority interest in a neighboring smelter. Yunnan Aluminium filed a statement with the Shenzhen Stock Exchange Wednesday notifying the market that it was buying a 94.35-percent interest in the Yunnan Dongyuan Coal Group Qujing Aluminium Co. According to […]

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Hongqiao Insiders Say Cuts Totaling a Quarter Million MTPA of Aluminium-Smelting Capacity In the Works

Hongqiao Insiders Say Cuts Totaling a Quarter Million MTPA of Aluminium-Smelting Capacity In the Works

According to sources with knowledge of the situation, China Hongqiao Group began curtailing outdated aluminium capacity on Tuesday, coinciding with an announced crackdown by the government of the People’s Republic of China on illicit aluminium smelting capacity. Although the company demurred when asked for details, sources who spoke to Bloomberg on Tuesday said that Hongqiao […]

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