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

Guangxi Huayin’s alumina output increased by 80,800mt in the first quarter (Q1 2020). Sales of aluminum hydroxide increased by 22,100 tons from a year ago, up by 91pc. The company’s cost of alumina decreased by CNY167/mt ($23.58/mt) compared to prior year quarter. 


Despite the COVID-19 outbreak, the company produced 380,000mt of alumina and sold 345,400 tons of alumina in the Jan-Feb period. The company has an annual output of 6mn mt bauxite and 2.2mn mt alumina.


The alumina industry is sluggish and has reached a historical node of development, according to Guangxi Huayin’s production update. Enterprises’ profit and loss matter less and only survival is important as the alumina industry has entered a phase of long-term cost competition, believes the company. Guangxi Huayin is focused on cost reduction and sustainability, said the release. 


Guangxi Huayin Aluminum is an integrated large-scale mining and alumina producer jointly owned by Chinalco (33pc), China Minmetals Aluminum (33pc) and Guangxi Guangtou Yinhai Aluminum (34pc). The company is pivotal to Guangxi provinces’ CNY100bn aluminium industry and sustainable development model.

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