SMM: Domestic Primary Al Inventory Edges down
22/05/20 | Aluminium
Shanghai Nonferrous Metals News 21st May 2020: Total domestic aluminium inventory at China’s major store houses dropped by 79 kt from last Thursday to 979 kt, including 131 kt in Shanghai, 402 kt in Wuxi, 112 kt in Hangzhou, 56 kt in Gongyi, 201 kt in Nanhai, 58 kt in…
Hubei Danjiangkou Al to Sell 30 kt Al Production Quota
22/05/20 | Aluminium
Asian Metal News Hubei Hanjiang Danjiangkou Aluminium smelter, designed with 120 ktpy capacity, is currently running at 50 ktpy capacity. As a result of obsolete production lines and a shortfall in electricity supply, the company has been unable to run at full capacity and now is looking to sell a…
Improved Profit Margins for Domestic Smelters
22/05/20 | Aluminium
Alu News Aladdiny analysts estimate domestic primary aluminium production costs at RMB13,100/t, with reference to current spot aluminium prices at RMB13,500/t. Data shows 87% of domestic aluminum capacity in operation is capable of taking some profits, 99% are cash cost positive. In the meantime, with the opening of the import…
Sichuan Guangyuan Qimingxing Increases Al Product
21/05/20 | Aluminium
Asian Metal News Sichuan Guangyuan Qimingxing Aluminium, designed with 120 ktpy primary aluminium capacity is set to increase its operational capacity by 40 kt and expects to achieve full capacity operation in late June. The company owns 220 sets of 200kA cells, with 80 ktpy capacity in operation at present.…
Heung Kong Wanji to Build Two Power Generators
20/05/20 | Aluminium
Asian Metal News Heung Kong Wanji, (Henan), designed with 600 ktpy primary aluminium capacity, is building two sets of 660MW power generators at present, which are scheduled for completion in October 2021. The company’s captive power plant now has two sets of 300MW generators and four sets of 135MW power…
Chongqing Qineng Al to Resume Al Operation in July
19/05/20 | Aluminium
Asian Metal News Chongqing Qineng Aluminium smelter, designed with 330 ktpy capacity is set to resume normal operations in July 2020. The company suspended 34 kt of primary aluminium capacity (30 sets of 420 kA cells) for maintenance in late March. Fifteen of these have been restarted since late April,…
Pingguo Guangxi: Upgrade to City Level Administration
19/05/20 | Aluminium
Cnal News 18th May: City level administration has been formally established in Pingguo Guangxi, an upgrade from its original county level administration. Pingguo is an important aluminium production base in Guangxi. The Pingguo Guangxi Industrial Park has 34 aluminium-related producers with an integrated aluminium industrial chain including bauxite, alumina, aluminium…
Yunnan Wenshan: 500 ktpy Hydro-power and Al Project Online
18/05/20 | Aluminium
Cnal News Yunnan Wenshan Aluminum formally brought Phase I of its 500 ktpy hydro-power and aluminium project online on 15th May 2020. Phase 1 of 150 ktpy capacity is expected to achieve full operation by end-June 2020. Source
SMM: Domestic Primary Al Inventory Drops
15/05/20 | Aluminium
Shanghai Nonferrous Metals News 14th May 2020: Total domestic aluminium inventory at China’s major store houses dropped by 114 kt from last Thursday to 1.058 mln t, including 139 kt in Shanghai, 442 kt in Wuxi, 111 kt in Hangzhou, 64 kt in Gongyi, 224 kt in Nanhai, 57 kt…
