SMM Analysis: China's Metallurgical-Grade Alumina Operating Rate Edges Up in October, New Capacity Expected to Ship in November

**SMM Analysis: China's Metallurgical-Grade Alumina Operating Rate Rebounds Slightly in October; New Capacity May Begin Shipments in November**

SMM News on November 7: According to SMM data, China's metallurgical-grade alumina production in October 2024 (31 days) increased by 2.93% MoM and 6.51% YoY. As of November 7, China's metallurgical-grade alumina installed capacity increased by 1.1 million tonnes MoM, with actual operating capacity up 2.93% MoM and an operating rate of 84.22%. From January to October 2024, domestic metallurgical-grade alumina cumulative production increased by 3.96% YoY. Detailed analysis is as follows...