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

Huaxing alumina refinery in Shanxi province of China has briefly shut one of its production lines after an equipment accident that occurred on June 29, according to media sources. 


Huaxing alumina refinery, co-funded by Aluminum Corp of China (Chalco) and China Resources has a gross production capacity of 2.2mn mt alumina per year. After operations resumed in June after COVID-19 related shutdowns, the refinery produced 1.2mn mt to bring it to full capacity and had been operating at 1mn mt per year.


The refinery could take around a month to restart production to full capacity, which would result in removal Of 50,000-8,0000mn mt of alumina supply from the Chinese domestic market. However, Chinese alumina markets remain undaunted by the news of shortage in alumina supply. 



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