SMM, February 21:
As of February 21, according to SMM's daily cost-profit model calculation, the full cost of alumina production was approximately 3,244 yuan/mt, down by 152 yuan/mt from the beginning of the year (3,396 yuan/mt). This decrease was mainly attributed to the reduction in bauxite costs, which dropped by 158 yuan/mt, reducing its proportion in the terminal alumina cost by 2 percentage points.
