SHANGHAI, Jul. 27 (SMM) – Yunnan Aluminum Co. has set an ambitious goal of bringing its self-sufficiency rate of alumina to 100% by 2020, Tecent Finance reported.
The company’s annual alumina capacity is 1 million tonnes at present, with self-sufficiency rate at 40%. With commissioning of its phase two 600,000-tpy alumina project in Yunnan’s Wenshan and 1 million-tpy alumina project in Laos, its alumina self-sufficiency rate will reach 65% by 2017 and rise further to 100% by 2020 when its annual alumina capacity will hit 2.6 million tonnes.
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Yunnan Aluminum, whose main businesses are bauxite mining, alumina refining, aluminum smelting, as well as aluminum processing, has an annual aluminum capacity of 1.2 million tonnes.
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