SHANGHAI, Sept. 9 (SMM) – China put online about 2.15 million-tpy new aluminum capacities during the first eight months of the year, SMM statistics showed. 

What’s behind the huge expansions when aluminum prices frequently hit new lows?

It all boils down to power advantages, SMM understands. Most of these new capacities are concentrated in west China, where power costs are comparatively lower.

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