Jinning Al-Mg Cuts 100 ktpy Al Capacity
27/08/19 | Aluminium
Asian Metal News Jinning Al-Mg New Materials at Zhongning County, Ningxia, designed with 300 ktpy primary aluminium capacity has 280 ktpy in operation. The company lost RMB 100 mln during H1 2019 and is set to cut capacity by 100 ktpy to avoid further losses. The company has been operating…
Soilless in-situ Red Mud Reclamation
27/08/19 | Alumina
Cnal News Recently, technology for soilless in-situ reclamation of red mud (developed by Chalco Zhengzhou Research Institute of Nonferrous Metals) has undergone testing and demonstration after 2 years of laboratory testing. In the next phase, the technology will be applied in Chalco Group alumina refineries. The technology is based on…
Nanshan Al H1 2019 Income Lifts
27/08/19 | Aluminium
Cnal News 26th August: Nanshan Aluminium published its H1 2019 report, stating the company realized RMB 10.5 bln in business income, an increase of 8.97% y-o-y. The company also achieved RMB 768 mln in net profits attributable to shareholders of listed companies – which is a slight decrease of 6.52%…
China July Imports: 5.42 mln t of Ni Laterite and 160 kt of NPI
27/08/19 | Nickel
Alu News China Customs: China imported 5.42 mln t of nickel laterite in July 2019, up 26.77% on-month and up 17.78% on-year. China’s nickel laterite imports during the first seven months of 2019 totaled 26.1 mln t, up 14.61% on-year. China imported 161 kt of NPI in July 2019, up…
Hongqiao Reduces 2019 Al Output Target
27/08/19 | Aluminium
Fubao News Hong Kong-listed China Hongqiao Group (Weiqiao’s listed arm in HK) announced on Friday that it will cut its 2019 aluminium output target by 200~300 kt or 5% on-year due to a typhoon and floods at its Shandong smelters. In addition, the company announced that net profits increased significantly…
China’s Aa Imports to Drop Further in 2019
27/08/19 | Alumina
China Nonferrous Metals News Speaking at a recent industry meeting, Huatai Futures analyst, Li Suheng said that the characteristics of China’s alumina industry are: 1. Domestic alumina capacity has been expanding rapidly in recent years, represented by China’s alumina output accounting for 10% of the global total in 2003 and…
SMM: Domestic Aa Prices to Remain Low in 2019
27/08/19 | Alumina
Sina Finance News In the wake of domestic alumina prices falling under RMB 2,500/t, profit margins for domestic aluminum smelters have increased. With a large amount of new alumina capacity available, domestic alumina prices are unlikely to rise rapidly and are expected to remain at low levels during 2019.…
Ni Market Review
23/08/19 | Nickel
Shanghai Nonferrous Metals News 22 August: Jinchuan Group reduced the ex-works price for electrolytic nickel plate and barreled electrolytic nickel blocks by RMB 300/t to RMB 123,800/t and RMB 125,000/t respectively. 20 August: A steel mill in southern China offered to buy high NPI at RMB 1,130/Ni unit (delivered, with…
Chalco Liancheng Increases Carbon Anode Production
23/08/19 | Aluminium
Asian Metal News Chalco Liancheng is designed with 370 ktpy carbon anode capacity, comprising one 150 ktpy and one 220 ktpy production line. The company produced 15 kt of carbon anode in August, up from July’s figure of 10 kt, and plans to increase carbon anode output over the…
