Asian Metal News
Weiqiao Group is set to commission its Yunnan Hongtai New Material smelter project (2 mtpy primary aluminium via capacity replacement) by end-Q3 2020. Construction of phase I – consisting of 1 mtpy – began in November 2019 and is progressing smoothly, with completion expected in August or September 2020.
Weiqiao Group, the largest primary aluminium smelter in the world, has a total of 6.46 mtpy capacity.
Mainstream aluminium ingot prices currently stand at RMB13,050/t at Shanghai warehouses.