Power Rationing In Yunnan Spells Aluminium Production Cuts In China
Aluminium smelters in the People’s Republic of China are expected to pare down production in the coming weeks thanks to...
Swedish rolled aluminium firm Gränges AB announced this week the formation of a joint venture with China’s Shandong Innovation Group (SIG) aimed at building an aluminium recycling and casting plant in southwest China. Per the firm, the joint venture has arranged for...
Aluminium smelters in the People’s Republic of China are expected to pare down production in the coming weeks thanks to...
An unreliable power supply will not slow down China Hongqiao’s plan to move 2 million metric tons per annum of...
Chinese aluminium producer Henan Shenhuo Coal & Power Co Ltd said this week that it plans to ramp up to...
Yet more aluminium capacity is headed south this winter, as Chinese aluminium giant China Hongqiao Group will be relocating 1.93 million metric tons per annum to Yunnan province in the coming months. A notice published by the Yunnan government said the new capacity would wind up in the Honghe prefecture, relocated from Honqiao’s operations in […]
The world’s biggest non-state-owned aluminium producer China Hongqiao Group said last week the planned relocation of aluminium capacity to Yunnan has been postponed due to energy limits put in place by the provincial government. Hongqiao chairman Zhang Bo said at Antaike’s China International Aluminium Week on Wednesday that the move of 3 million metric tons […]
Regulators in Yunnan province have warned aluminium producers powered by hydropower sources to keep average monthly outputs at August levels for the remainder of the year. A document from the Yunnan Development and Reform Commission obtained by Reuters ordered the cuts, which come on top of 1 million metric tons per annum of capacity that […]
An expert on the metals market in the People’s Republic of China advised its clients that the Middle Kingdom is preparing to release hundreds of thousands of metric tons of raw aluminium in an effort at depressing the market for the metal. According to CRU, China’s National Food and Strategic Reserves Administration could release between […]
Authorities in the People’s Republic of China are investigating the governor of a province that is quickly becoming the country’s new home for aluminium production on corruption allegations. Governor of Yunnan province Zhang Xiulan is under investigation by China’s anti-corruption department Commission for Discipline Inspection, which the commission made public via a statement released last […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...