China Hongqiao Group expects its net profit for the first half of 2026 to increase by approximately 39 per cent compared with the same period last year, according to a filing with the Hong Kong Stock Exchange. The company said the anticipated earnings growth is primarily driven by higher selling...
中文翻译附于新闻末尾，敬请继续阅读。 China Hongqiao Group is looking to raise the annual limits on a bauxite supply deal involving its subsidiary, Well Harvest Winning. The company said the current limits may not be enough for its expected needs over the coming years. The supply agreement runs until 2033 and is with...
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<p>According to a news report from Bloomberg, China Hongqiao Group, the biggest aluminium producer in China is curtailing outdated capacity on the back of government’s strict measures against illegal production. The company, a subsidiary of Shandong Weiqiao Pioneering Group Co, however, has...
<p>Societe Miniere de Boke (SMB) will be able to export 35 million tonnes of bauxite from Guinea per year once the third phase infrastructure project is completed, MiningSink reported.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>After China Hongqiao company was recently sold short by Emerson Analytics , China Hongqiao company bonds were sold off continuously, making the company apply for an emergency suspension, and because the company needs more time to deal with the 2016 annual audit work problems, and the 2016...
<p>The global aluminium market ended in a marginal deficit of 970,000 tonnes during the first eleven months of 2016, revealed data published in the latest report of the World Bureau of Metal Statistics (WBMS). In 2015, the deficit amount was recorded at 551,000 tonnes. The stocks of the metal, at...
<p>China is one of the world’s top alumina producers and a leading supplier of alumina to the global primary aluminium industry. China has around 60 million tonnes of alumina capacity but produced around 47.3 million tonnes of the aluminium-making ingredient from January to October last year....
<p>As reported by Reuters, China Hongqiao Group Ltd is said it will invest $1.6 billion to buy two aluminium processing firms in order to expand its operation in the value added segment.<br /><br />After a series of transactions, the world’s biggest aluminium smelter would own majority stake...
<p>China Hongqiao, which usurped state-backed Aluminium Corporation of China and Russian oligarch Oleg Deripaska-controlled Rusal in the space of two years to become the world’s largest aluminium smelter last year, has run afoul of Chinese environmental regulations on over half of its...
<p>The world’s biggest aluminium maker China Hongqiao Group delivered astounding results in the six months ended June 30. Profit surged 21 per cent driven by output expansion and increasing market share as some of the industry's higher-cost competitors held up production under uncertain...
<p>The world's largest aluminium producer China Hongqiao Group posted 21 per cent increase in profits in the first half of the current financial year. <br /><br />Referring to the Construction sector as the biggest growth driver for domestic aluminium demand, CEO Zhang Bo said, aluminium capacity...
<p>The Hong Kong Stock Exchange's planned move to link with London Metal Exchange has been put on hold due to Britain's recent exit from the European Union. <br /><br />The HKEX's decision to enter into a commodities clearing link with its London Metal Exchange (LME) was aimed at making LME more...
Shandong Hongqiao New Materials Co., fully-owned subsidiary of China Hongqiao Group, will further strength its parent’s aluminium integrated business by acquisition of a local aluminium processor. Shandong Hongqiao New Materials Co. and Loften Environmental Technology Co. recently signed M&A...
The People’s Republic of China’s China Hongqiao Group Ltd., the world’s top aluminium producer by volume, announced that it entered into an agreement last week to purchase the entire equity interests of Binzhou Municipal Beihai Xinhe New Material Co., Ltd. for US$320 million. Beihai Xinhe’s equity...
China Hongqiao Group will spend 2.12 billion yuan ($319 million) in acquiring all stakes in one Chinese alumina producer, reported industry sources. The alumina producer to be acquired, namely Binzhou Beihai Xinhe New Materials Co., now has designed annual alumina capacity at 2 million tonnes and...
A Chinese-invested alumina refinery was officially put into production on Saturday in Indonesia. The refinery invested by China Hongqiao Group Limited and Winning Investment (HK) Company Limited, is the first giant alumina project that Chinese companies have invested in overseas. The two Chinese...
China Hongqiao Group’s large-scale alumina project in Indonesia succeeded in yielding output recently, reported industry sources. The company will sell alumina from the project, whose annual capacity is 1 million tonnes, to China or Middle East within the next 1-2 months. Expected output for the...
China’s Hongqiao Group remains on top of the aluminium production industry following a risky-but-logical declaration last week regarding an increase of the company’s production capacity. On March 14, Hongqiao chief executive Zhang Bo announced their plan to increase production capacity of aluminium...
China Hongqiao Group Limited, the top primary aluminium producer in the country, is running a trial production at its one million tonnes-a-year alumina plant in Indonesia and will complete building another 1 million tonnes by the end of 2017, its Chief Executive Officer said on Monday. The capacity...
China Hongqiao, the world’s largest producer of aluminium, aims to raise the annual capacity of the lightweight industrial metal by around 15 per cent this year if the market recovery continues. The Shandong-based firm aims to spend up to 15 billion yuan this year on expanding its output capacity...
