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25 MAY 2018 AL CIRCLE

First stage of aluminium hydropower project in Yunnan to begin operations this June

EDITED BY : DEBANJALI SENGUPTA 1MINS READ

According to the latest update by Shanghai Metal Market, the first stage of a hydropower project to produce and process aluminium in Zhaotong, in Yunnan province, is expected to start from June 1, 2018.

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A large number of aluminium companies are keen to tap Yunnan’s extensive hydropower capacity to replace their current coal-fired plants for securing power required during the electric-intensive smelting process. According to Jackie Wang, an aluminium analyst at consultants CRU in Beijing, this hydropower capacity, an alternative to coal-fired power generation will help smelters to produce green metal.

While the first phase of the aluminium hydropower project is forecast to begin operations this June, the entire project is estimated to start in 2018, with an investment of 3.5 billion yuan. The plant is likely to have an annual capacity of 350,000 tonnes of aluminium products including aluminium bars and flat ingots and would consume over 5 billion kWh of power. Annual revenues are likely to stand at 4.5 billion yuan.

It will be more environmentally-friendly than fossil fuels as carbon emissions will be significantly lesser.


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EDITED BY : DEBANJALI SENGUPTA 1MINS READ

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