BLACK CHINA BLOG


I have been getting people ask me what I think of the announcement overnight, that China would end exports subsidies on aluminium.  The feature image is one headline that particularly worries me. In case you missed it, the US has announced that China has agreed to end subsidies for 7 industries, including textiles, some food […]

By: Paul Adkins | Read More

I have not been able to confirm this directly, but I am told Foster Lee has retired from the Shanghai office of Rio Tinto Alcan. I understand Foster checked out at the end of March. I have known Foster since 2005.   In those days, he was the purchasing and logistics manager for Alcan’s Ningxia […]

By: Paul Adkins | Read More

I came across a story on the weekend about the Huomei alumina refinery in Inner Mongolia. According to the news story, 300 tribal herdsmen protested at the plant recently, but their protest was cut short by the presence of 500 police and security guards.  The story says that police roughed up a few of the protesters, […]

By: Paul Adkins | Read More

The recent release of the Panama Papers – 11 million documents relating to offshore company ownership – has had a stranglehold on the world’s headlines.  It led us to wonder, to what extent do China’s aluminium companies use offshore entities in their corporate structures? There is nothing illegal in setting up an offshore company.   […]

By: Paul Adkins | Read More

Reuters today reported that the U.S. International Trade Commission (USITC)  is to launch an investigation into the international aluminium market. The USITC says it will look at unwrought and wrought aluminium in markets including the United States.  The investigation will take a year to complete. The announcement follows lobbying by US interest groups seeking redress […]

By: Paul Adkins | Read More

We are hearing reports at AZ China that the so-called “Commercial stockpile” of aluminium doesn’t exist. Readers may recall about 3-4 months ago, in the middle of the price slide to below RMB 10,000 per ton, news emerged that six leading aluminium companies had formed a Joint Venture that would manage a stockpile of 1 […]

By: Paul Adkins | Read More
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