Domestic alumina output was 5.47mln t in December 2016, up 17.4% on year and up 4.29% on month, representing an operational rate of 89.4%. The country’s alumina capacity gained 800ktpy to 72.05mtpy as East Hope Jinzhong Chemical Co. started commissioning Phase II of its alumina project. Henan-based Heungkong Wanji Aluminium Co. resumed alumina capacity and achieved full capacity production last December. Chongqing Bosai Minerals Group Co. idled some alumina capacity on environmental protection concerns. Domestic alumina output is expected to be 5.51 mln t this January with some output from East Hope Jinzhong’s Phase II alumina project. The operation rate of alumina capacity is likely to rise by 0.6 percentage point on month overall. Some Shandong-based alumina refineries have yet to carry out scheduled capacity expansions – Lubei Chemical Co. is now running one alumina production line of 500ktpy capacity due to a shortage of bauxite and Shandong Xinfa Group is operating 4mpty alumina capacity at present and its 500ktpy expansion plan will be carried out gradually, but in the short term.
Domestic primary aluminium output climbed 18.6% year on year to 2.95 mln t last December, a monthly high, and total primary aluminium output gained 3.83% year on year to 31.75 mln t. Annualized operating primary aluminium capacity rose by 5.44mtpy on year to 34.73mtpy following the commencement of new capacity at Shandong Weiqiao Aluminium and Power Co. and Shandong Xinfa Group and restarts at Sichuan Qimingxing Aluminium Co. and Taiyuan Donglv Aluminium Co. Fast growing primary aluminium production costs and falling aluminium prices since December 2016 have forced Dongxing Aluminium Co. Longxi to cease resuming some primary aluminium capacity. It is anticipated that primary aluminium production growth will continue in January 2017 with the commencement of new capacity of Inner Mongolia Jinlian Aluminium Co., Shandong Weiqiao Aluminium and Power Co. and Shandong Xinfa Group. Primary aluminium output is expected to be 2.97 mln t this January and the annual output will hit 36 mln t in 2017, up 13.4% year on year, according to analysts of the Shanghai Metals Market (SMM).
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and Taiyuan Donglv Aluminium Co. Fast growing primary aluminium production costs and falling aluminium prices since December 2016 have forced Dongxing Aluminium Co. Longxi to cease resuming some primary aluminium capacity. It is anticipated that primary aluminium production growth will continue in January 2017 with the commencement of new capacity of Inner Mongolia Jinlian Aluminium Co., Shandong Weiqiao Aluminium and Power Co. and Shandong Xinfa Group. Primary aluminium output is expected to be 2.97 mln t this January and the annual output will hit 36 mln t in 2017, up 13.4% year on year, according to analysts of the Shanghai Metals Market (SMM).
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