SHANGHAI, Sept. 6 (SMM) –The average cash cost at Chinese aluminum smelters slipped 0.45% month-on-month in August, SMM statistics showed.
SMM attributes the decline largely to 1.15% fall in power costs. Some smelters put lower-cost captive power plants into service, dragging down overall power costs.
Alumina cost slid 0.55% as alumina prices kept falling slightly. Prebaked anode cost increased 0.75%, and fluoride salt cost rose 1.06%.
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