Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Aluminum Corporation of China (Chalco), said on July 2, that it will cut 10pc production of alumina from its annual output. 


The company said that it will shut alumina refining at three plants in the northern Shanxi province of China, owned by its subsidiaries – Shanxi Huaxing and Shanxi New Material. 


The combined output of these plants is 1.8mn mt of alumina, which accounts for roughly 10pc of Chalco’s capacity of 18.86mn mt per year. 


A spokesperson for Chalco said that the cuts in production were normal adjustments, made in order to meet market demand and prices. The company had foretold of this action in April this year. 

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