BLACK CHINA BLOG >> Aluminium


I found this article in a Malaysian newspaper, and I admit I had to go look at a map of Malaysia.   Sarawak is the big island to the east of the Malaysian peninsula.   Bakun is in the centre of Sarawak.    The original plan was to take power from Bakun’s hydroelectricity under the sea to Kuala […]

By: Paul Adkins | Read More

The following article comes from Reuters.   Some numbers are difficult to believe.   For instance, this article puts China 2009 consumption at 15 million tonnes.   The general consensus is that it is at least 1 million tonnes lower than that.   It also forecasts consumption growth at 20% for 2010.   That is hugely optimistic.   The best forecasts […]

By: Paul Adkins | Read More

The following article comes from the Melbourne Age in Australia.   Melbourne is the State Capital of Victoria.   This article is written with an assumption that readers understand the local issues.   What is interesting to me is that Alcoa’s Australian chief mentioned future expansions.   That could mean downstream of course, since power supply seems set to […]

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The following article comes from Moscow Times. United Company RusAl’s shares continued their rally on Tuesday, bringing their two-day gains to more than 10 percent, after the company said it planned to increase aluminium production this year. RusAl’s stock closed at 8.3 Hong Kong dollars ($1.07), or 3.5 percent higher, adding to Monday’s gains of […]

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China’s top aluminium producer, Aluminium Corporation of China Limited, together with GIIG Holdings, a local consortium, will develop an aluminium smelter plant in Sarawak in a move set to boost investments there. Prime Minister Datuk Seri Najib Razak said today the joint-venture is expected to gain US$1 billion (RM3.43 billion) worth of investments in its […]

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Here is an article from the China Daily which illustrates some of the present difficulty that Chalco is experiencing.   Unusually frank for a Chinese newspaper. Mainland power producers could continue to face a tough operating environment in the first half, with profit margins being squeezed as coal prices rise, while a mechanism that allows them […]

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