Sichuan Aostar Aluminum Company to Resume Full Production -Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Rare earths
  • Market commentary
  • Rare earth
  • Aluminium
  • Zinc
  • Copper
  • Macroeconomics
  • Sales data
  • MMi Iron Ore Port Index
  • Iron ore
  • precious metals
  • Nickel
  • Futures movement
  • Tin

Sichuan Aostar Aluminum Company to Resume Full Production

Industry News 04:36:40PM May 05, 2010 Source:SMM

SHANGHAI, May 5 -- According to sources from Guangdong Golden Horse Tourism Group Stock Co., Ltd. (Golden Horse Group), Sichuan Aostar Aluminum Company, a subsidiary of Golden Horse Group, decided to gradually resume operation of 84 sets of electrolytic cells from May 5th, since the upcoming seasonal peak demand period for aluminum will give strong support to aluminum prices.

Sichuan Aostar Aluminum Company owns 168 sets of electrolytic cells, with 84 sets being operational currently and the other 84 sets idled.

Previously, Golden Horse Group announced on April 8th, 2010 that the group plans to sell its stake of 40% in Sichuan Aostar Aluminum Company to Jinbei Aluminum Company, a subsidiary of Luneng Group.

(Edited by SMM)
 

Sichuan Aostar Aluminum Company to Resume Full Production

Industry News 04:36:40PM May 05, 2010 Source:SMM

SHANGHAI, May 5 -- According to sources from Guangdong Golden Horse Tourism Group Stock Co., Ltd. (Golden Horse Group), Sichuan Aostar Aluminum Company, a subsidiary of Golden Horse Group, decided to gradually resume operation of 84 sets of electrolytic cells from May 5th, since the upcoming seasonal peak demand period for aluminum will give strong support to aluminum prices.

Sichuan Aostar Aluminum Company owns 168 sets of electrolytic cells, with 84 sets being operational currently and the other 84 sets idled.

Previously, Golden Horse Group announced on April 8th, 2010 that the group plans to sell its stake of 40% in Sichuan Aostar Aluminum Company to Jinbei Aluminum Company, a subsidiary of Luneng Group.

(Edited by SMM)