Chalco Moves 135 Thousand MTPA To Yunnan Aluminium
State-owned aluminium firm Aluminum Corp of China Ltd (Chalco) is moving an additional 135 thousand metric tons per annum of...
Yunnan Aluminium
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,...
Yunnan Aluminum To Add 210 Thousand MTPA Of Smelting Capacity To Plant In Heqing County
China’s Yunnan Aluminum Co Ltd. announced last week plans to build a second phase consisting of 210 thousand metric tons...
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...
Events
Yunnan Aluminium Teams Up with Israeli Firm Phinergy to Produce Aluminium Batteries for Electric Vehicles
In an effort at capitalizing on the growing popularity of electric vehicles in the Middle Kingdom, a pair of Chinese firms have teamed up with an Israeli company to establish a joint venture dedicated to the production of aluminium batteries. On Tuesday, Yunnan Aluminium filed a notice with the Shenzhen stock exchange announcing that it […]
Floating on Air – China’s Millions that Prop Up Unprofitable Capacity
We have reported a slow but steady rebound of the global aluminium market over the past several weeks and months. The market is beginning to reawaken from the dismal depths to which it sunk last summer, when nearly all capacity outside of the People’s Republic of China was loss-making to one degree or another. A […]
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 ...
