Guinea to Increase Electricity Prices
30/08/19 | Bauxite
Ministry of Commerce Local Guinean media company, Guinee 114 reports that Guinea is to increase overall electricity revenue by lifting prices in different sectors, with a maximum increase of 15%. In order to maintain industrial competitiveness, a 5% increase will be applicable to industrial electricity prices, however the date of…
China’s First Resource Tax Law
China Nonferrous Metals News 26th August: China’s first resources tax law is published and will be formally implemented on September 1, 2020. At this time the ‘Provisional Regulations on Resource Tax’ implemented since 1994 will be abolished. The full text of the resource tax law has not yet, been disclosed…
Heung Kong Wanji Targets 1.2 mln t Aa Output in 2019
29/08/19 | Alumina
Asian Metal News Heung Kong Wanji, designed with 1.4 mtpy alumina capacity, produced 1.37 mln t of alumina in 2018, and is aiming for 1.2 mln t of alumina output in 2019. The company has two 400 ktpy and one 600 ktpy alumina production lines. It has completed HT to…
Chalco Henan: HT/LT Conversion of 2 Aa Lines
29/08/19 | Alumina
Asian Metal News Chalco Henan, with a total of 2.4 mtpy designed alumina capacity, has five alumina production lines, comprising one 1 mtpy, four 250 ktpy production lines and associated low temperature digestion processes. At present, the company is operating its 1 mtpy and two 250 ktpy production lines. The…
Aba Al Cuts 12% Production
28/08/19 | Aluminium
Asian Metal News Sichuan’s Aba Aluminium smelter was forced to cut its capacity by 24 kt or 12% of its total due to the power outages caused by recent mud flows. Overhauls and restarts are scheduled in three months. The smelter produced 190 kt of primary aluminium in 2018…
Xing’an Chemicals: Bx Consumption in Decline
28/08/19 | Bauxite
Asian Metal News Xing’an Chemicals, with alumina capacity of 3 mtpy, can consume up to 7.2 mln t of bauxite per annum. The company began curtailing capacity in the first week of July due to being in loss, cutting bauxite consumption accordingly. The company consumed 600 kt of bauxite for…
China’s July Bx Imports: 9.05 mln t
28/08/19 | Bauxite
Alu News China’s July bauxite imports lifted slightly on-month to 9.05 mln, while accumulated bauxite imports during the first seven months of 2019 totaled 62.7 mln t, an increase of 15.4 mln t from 47.3 mln t during the same period last year. China imported 82.62 mln t of bauxite…
10 ktpy Mg Project for Jincheng Linchun Mg
27/08/19 | Magnesium
China Nonferrous Metals News Jincheng Linchun Magnesium’s 30 ktpy primary magnesium and magnesium alloy project is progressing smoothly, and its 10 ktpy magnesium and magnesium alloy project is scheduled to come on line by end-October 2019. It is an expansion project to the original Weiding Chemicals project, located in Lingchuan,…
Jinning Al-Mg Cuts 100 ktpy Al Capacity
27/08/19 | Aluminium
Asian Metal News Jinning Al-Mg New Materials at Zhongning County, Ningxia, designed with 300 ktpy primary aluminium capacity has 280 ktpy in operation. The company lost RMB 100 mln during H1 2019 and is set to cut capacity by 100 ktpy to avoid further losses. The company has been operating…
