Asian Metal News
Sichuan Qimingxing Aluminium, designed with 120 ktpy primary aluminium capacity, has restarted 20 ktpy of its aluminium capacity since the beginning of December 2019.
According to an inside source, the company is currently running at 60 ktpy capacity with a 70% operational rate. It has 220 sets of 200kA cells of which 150 sets are operational.
The company produced 60 kt of primary aluminium in 2018, and its 2019 output is expected to be the same, with an output target of at least 80 kt for 2020.
Mainstream aluminium ingot transaction prices were RMB 14,450~14,500/t at Guangzhou warehouses this Tuesday, up RMB 30/t from Monday.