CONF: China's aluminium producers scrambling to expand overseas capacity
In recent years, Chinese aluminium companies have shown growing interest in expanding their footprint overseas, with several companies already operating plants, or planning to invest, in resource-rich countries such as Indonesia, Guinea, and Kazakhstan, Mo noted.
This "going global" strategy is primarily driven by aluminium companies' demand to get access to abundant raw materials such as bauxite. Additionally, some foreign governments have introduced policies requiring local processing of mineral resources rather than the direct export of raw ores, prompting Chinese firms to invest in overseas alumina refineries.
Explore- Most accurate data to drive business decisions with 50+ reports across the value chain
Unlock full access – sign up for FREE.
Key benefits
Tasmania moves to secure Bell Bay Aluminium’s future amid national smelter pressures
Next articleVedanta stock surges over $6 on stronger outlook as expansion gains traction
Grow with
AL Circle
