Metals News
Chinalco to move 190,000 mt of aluminium capacity to the south
company news
11:00AM
Feb 21,2019
Source:SMM

SHANGHAI, Feb 21 (SMM) – Aluminum Corp of China (Chalco) said on Wednesday February 20 that it plans to transfer 190,000 mt of annual aluminum smelting capacity of a Shanxi-based unit to a Yunnan-based unit of its parent company, Chinalco.

The transfer is expected to be done at 950 million yuan.

The capacity would be transferred from Shanxi Huasheng to Heqing Yixin Aluminium, which has access to cleaner hydropower.

China allows aluminum smelters to move or acquire new capacity in regions that have available quotas.

Chinalco
Chalco
Aluminium
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related Price

No Data