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Chalco has announced that it will gradually close its Liancheng plant, with a loss of about 520,000 tonnes. The announcement was worded very diplomatically, using terms such as flexible downsizing, and that workers would get fair compensation.   But it also made clear that Chalco would mothball all of the plant’s 500KA cells.  We think […]

By: Paul Adkins | Read More

Alcoa announced their Q3 results overnight.  The company reported earnings of $109 million after allowing for special items, or $44 million without those special items. (The biggest single special item was a restructuring charge, partly assigned to Primary Metals.) According to the major media outlets, the consensus opinion was for a result of $0.13 cents […]

By: Paul Adkins | Read More

Some readers might have got a message “Error opening database connection” when trying to log into the blog.   I am told by our server people that this message was because of a password and address error in the PHP admin files.   I have no idea what that means, but it is now fixed. […]

By: Paul Adkins | Read More

I have just returned from a private event in Dubai.   The Gulf Aluminium Council provided its members with a market update, and to do that it enlisted the speaking talents of Julian Kettle of Wood Mac, Natasha Kaneva from JP Morgan, Nick Madden from Novelis on downstream, and a speaker from LME.   I […]

By: Paul Adkins | Read More

There has been plenty written about the Alcoa split in terms of what it means for shareholders, and what it means for the future of the two companies.   Today I thought I would reflect on what the Alcoa split means from a Chinese perspective. I used the term Chinese kaleidoscope in the title because […]

By: Paul Adkins | Read More

China is set to close for one week commencing tonight, for the Golden Week holiday.   October 1 is the date of when Chairman Mao announced the formation of the new Communist China back in 1949. AZ China will also be closed for the week, though I will be in Dubai for a conference. Email […]

By: Paul Adkins | Read More


Chalco Liancheng to close

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