Macro rate hike expectations bring periodic pressure, while destocking in China provides solid bottom support
Futures: The most-traded SHFE aluminium contract opened at RMB 24,310 per tonne in the night session on September 10, reached a high of RMB 24,310 per tonne and a low of RMB 24,075 per tonne, and closed at RMB 24,125 per tonne, down RMB 365 per tonne or 1.49 per cent from the previous close....
Aluminium eggshells take on space debris with nearly 65% impact reduction
Researchers at Dalian University of Technology in China have tested a spacecraft protection structure made from water-filled aluminium eggshells, with the design reducing the velocity of an impact projectile by nearly 65 per cent. The research, published in the Journal of Applied Physics , looked...
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China’s aluminium semis exports during Jan-Nov 2023 fall 16%; likely to recover in 2024 with tariff withdrawal
According to the Shanghai Metals Market survey, China's aluminium semis exports in November 2023 hit 452,000 tonnes, reflecting a month-on-month rise of 6.5 per cent and a year-on-year increase of 4.03 per cent. However, the country's total exports of aluminium semis from January to November...
Second phase of Guangyuan’s RMB390 million recycled aluminium project to begin construction in 2024
Implemented by Jiaxing Jinmao Aluminum Industry, with a total investment of around RMB 390 million, the second phase of the production line of Guangyuan’s recycled aluminium project is expected to start construction by 2024. Situated in the Zhuangzi Industrial Park, inside the Qingchuan Economic...
Two Swiss carbon experts grace Chinalco's training event on prebaked anodes
Chinalco Carbon Enterprises recently organised a training course on the production technology of prebaked anodes to enhance the theoretical knowledge and technical skills of their technicians. The initiative aimed to boost the technical progress of carbon production and improve the quality of...
China’s alumina price reaches Y-T-D high at RMB3044/t in the wake of fuel depot blast in Guinea
In the wake of a fuel depot blast in Guinea, a fear of bauxite supply shortage has stirred the Chinese upstream aluminium market, provoking smelters to buy alumina in anticipation of a production cut. As a result, the domestic alumina spot price in China has been on a rising spree since December...
ZH Industry expands its market reach by joining AL Biz
Established in 2009, Dongguan Zhonghui Precision Die Casting Technology Company ( ZH Industry ) is a specialised firm that offers bespoke precision aluminium and zinc alloy die-casting services. With over 15 years of experience, the ZH Industry is known for providing rich experience with a...
Rapid rise: Chinese automakers surpass Japanese and European competitors, dominating the South African market
Chinese car brands are gaining prominence on the streets of South Africa's major cities, challenging the longstanding dominance of Japanese and European-made cars in the market, as reported in an article by the South China Morning Post. Car registrations in South Africa In South Africa, Japanese...
Chalco bags the National Quality Project Luban Award for construction excellence
Aluminum Corporation of China Limited (Chalco), one of the world's largest producers and suppliers of aluminium, alumina, high-purity aluminium and aluminium anodes, recently won 8 awards, including 1 Luban Award (National Quality Project). A total of 7 projects undertaken by the China-based...
Fuel depot blast in Guinea may disrupt bauxite supply to China; domestic alumina purchase grows out of fear
The recent fuel depot explosion in Guinea has raised fears of a bauxite shortage, which may affect alumina production in China. China secures the lion's share of bauxite from Guinea, which they refine into alumina and used for aluminium smelting. The fear of bauxite shortage and alumina production...
China’s alumina spot price gains RMB14/t reaching RMB3026/t; Low-carbon aluminium price levitates by RMB153/t
The average alumina spot price has escalated by RMB 14 per tonne to close at RMB 3,026 per tonne. On December 15, the alumina spot price in China was 2,996 per tonne, which soared 1 per cent to reach what it is today. But if we look from October 25 to November 8, the aluminium price had stayed...
China’s unwrought aluminium alloy imports show uptick in Nov’23 for the second month in a row
According to China customs data, the country’s unwrought aluminium alloy imports in November 2023 experienced a month-on-month rise of 2.6 per cent and a year-on-year increase of 5.6 per cent to reach 111,800 tonnes. That brought the total year-to-date imports to 1.0196 million tonnes, which was...
China’s alumina price hikes by RMB8/t over the weekend marking back-to-back rise; A00 aluminium ingot price declines by RMB50/t
According to the Shanghai Metals Market survey, China's average alumina spot price has hiked by RMB 8 per tonne over the weekend to stand at RMB 3,012 per tonne. That marked a rise for the second consecutive day, driven by rising purchase for future use when smelters resume production. In Henan and...
Winter chill grips China's Henan province, sparks heating shortage crisis; Aluminium industry bears the brunt
Multiple cities in the central Chinese province of Henan are grappling with a shortage in winter heating supply following the passage of a cold wave that has swept through a significant area, causing blizzards, and pushing temperatures to nearly record-breaking lows. Extended periods of cold...
Baiyinhua Aluminium unlocks milestone with the Green Product Evaluation certification
China-based Baiyinhua Aluminium Power Company was recently honoured with the 'Green Electric Aluminium' certification, indicating the company's new achievements and breakthroughs in green, low-carbon, and high-quality development. The company's recycled aluminium ingots successfully passed the...
Primary aluminium weekly recap: Alcoa promotes Matt Reed to Chief Operations officer; LME to include SHFE prices to its portfolio
Amid continued decreasing inventories, China’s domestic primary aluminium price was found to exceed the RMB 19,000 per tonne level this week after more than a month. Besides this, other prime events occurred this week were the appointment of Matt Reed as Alcoa’s Executive Vice President and Chief...
China's VP Han Zheng meets Rio Tinto Chairman Dominic Barton
China's Vice President Han Zheng met with Dominic Barton, head of mining conglomerate Rio Tinto, in Beijing. Following the meeting, Dominic Barton expressed that he is confident about China's economic development prospects and that it would continue its long-term plan there. Han said that China's...
Alcosuper strengthens its market presence by joining AL Circle Biz
In the realm of construction and installation, Alucosuper , a key player under Jinggong Holdings Corp. Ltd., has emerged as a beacon of innovation and reliability. Established in 1996 after two decades of substantial growth, the company has earned its place among China's top 500 private enterprises...
Dominic Barton agrees with China Aluminum Group to extend strategic cooperation in a meeting this month
In December 2023, Dominic Barton, Chairman of Rio Tinto Group, reportedly visited China and met Duan Xiandong, Chairman of China Aluminum Group, in Kunming to discuss sustainability, plans to deepen strategic cooperation, and healthy development of global mining. Dong Jianxiong, Vice General...
Sichuan Qiya to supply 500,000 tonnes of recycled aluminium to Kaili municipal government of Guizhou
Kaili municipal government of Guizhou signed an investment agreement with Sichuan Qiya Aluminium Industry on December 6. Under the agreement, Qiya will supply 500,000 tonnes of recycled aluminium, 300,000 tonnes of aluminium processing projects, 20GW monocrystalline silicon rods and 20GW...
