China Nonferrous Metals News
Guangxi Yinhai Aluminium Co. Ltd. (a subordinate of Guangxi Investment Group) announced it would close its 200 ktpy primary aluminium capacity (336 sets of 240kA cells). Dismantling of production lines is scheduled to begin in December 2020 and be completed in June 2021. The 200 ktpy primary aluminum capacity quota will be reallocated to Guangxi Huasheng Aluminium Co. Ltd., and Huasheng will bring its phase I (400 ktpy) primary aluminium project online in June 2021 after acquiring an additional 200 ktpy in quotas.
Located at the ecological aluminium production base in Fangchenggang Guangxi, Guangxi Huasheng is designed with total 4 mtpy alumina capacity with its phase I project development (2 mtpy) to be completed by end-2020.
Guangxi Huasheng New Materials Co. Ltd is backed by Chalco (51% stake), Guangxi Investment Group (39% stake ) and Fangchenggang Port Engineering Infrastructure Construction Development Investment Co., Ltd (10% stake).
