BLACK CHINA BLOG >> Aluminium


According to local media reports, Henan province is planning to build up an aluminium reserve of 500,000 tonnes, and institute a loan pledge and interest pledge system.   These steps are in order to help those aluminium smelters in the region to restart. Henan province is the largest producer of the metal in China, with about […]

By: Paul Adkins | Read More

 The following story comes from Bloomberg.   In fact this story has been circulating around Beijing for a couple of weeks.   According to our sources, Xiong has already taken over from Xiao.   Mr. Xiao has effectively  been “kicked upstairs”, as he has been promoted to the State Council, joing the most senior ranks of China’s Communist […]

By: Paul Adkins | Read More

The December edition of the Black China Report is now released. This month we look at the economy amid the gloom and try to see some glimmer of daylight. As we see it, the Chinese authorities have no choice but to keep the economy at a healthy growth rate. The risk of social unrest arising […]

By: Paul Adkins | Read More

China’s aluminium industry has finally taken action to reduce output.   Following announcements as early as mid July calling for reductions of 5 – 10%, the industry chose to wait for someone else to take the hit.   The country’s biggest producer Chalco even publicly announced that they had no intention of slowing. The logic at the […]

By: Paul Adkins | Read More

Sichuan Aostar aluminum has reportedly cut one third of its production from this week due to the market slump.    It loses RMB2000 per ton of aluminum production at the current market price of RMB15,500.    Aostar’s annual aluminum production capacity is 125,000 ton.    It will shut down 50,000 ton.       In addition, the smelter has a self-supplied […]

By: Paul Adkins | Read More
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