
China Hongqiao Group, leading aluminium producer updated on Tuesday that it was operating as normal after its home province of Shandong was lashed out and flooded by Typhon Lekima during the weekend.
“The facilities are not damaged by the typhoon. There was flooding outside the factories but no actual facilities damage,” Honqgiao said in an email statement.
{alcircleadd}“Since Hongqiao is a big company and with numerous pre-emptive measures and plans, the company’s operation was not affected,” the statement added.

An earlier report on Monday said that a wall of one of the Shandong-based group’s aluminium plants was “immediately overwhelmed” by flood water. This statement was issued by Weiqiao Pioneering, which was owned by Zhang family that owns Hongqiao Aluminium. Hongqiao and Weiqiao are considered to be from the same group of alumina and aluminium-producer.
Floodwaters rushed into the plant area “like a wild horse,” reaching a height of two meters in the deepest places, said the Weiqiao statement. Weiqiao also said a different subsidiary suspended production in order to protect smelting facilities.
“However, the disaster caused by the flood does not stop there,” it said. The flooding “severely threatened the aluminium subsidiary on the west side of Yuehe 6 Road,” the statement said.
However, Christine Wong, assistant executive director at Hongqiao said in a Wechat post that despite the havoc caused by the flood, company’s aluminium production continued to stay normal.
According to industry sources from Shandong, it was difficult for smelters to manage their logistics in the wake of the floods, even if production was not affected.
The most active aluminium contract on the Shanghai Futures Exchange rose as much as 1.9% to RMB 14,285($2,022.48) per tonne on Tuesday, its highest since May 29.
The death toll caused by Typhoon Lekima, which made a landfall in China early on Saturday in the eastern Zhejiang province rose to 44 on Monday morning.
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