Six Aluminium Smelters in Guangxi Were Not Subject to Tiered Electricity Prices in 2021

The Yunnan Provincial Department of Finance and the Yunnan Provincial Department of Industry and Information Technology recently jointly issued the "Measures for the Management of Yunnan Provincial Special Funds for New-Type Industrialization" (hereinafter referred to as the "Measures"), consolidating provincial special funds for new-type industrialization to focus support on the development of key industrial chains including deep processing of nonferrous metals, new rare and precious metal materials, new energy batteries and fine phosphorus chemicals, green food and traditional Chinese medicinal materials, and the digital industry. The Measures specify that deep processing of nonferrous metals should focus on aluminum and copper, new rare and precious metal materials on indium, germanium, and platinum, new energy batteries and fine phosphorus chemicals on the efficient and high-value use of phosphorus resources, and the digital industry on being led by the digital information corridor with the electronic information manufacturing industry as the mainstay, with key support for extending, supplementing, and strengthening industrial chains.

Guinea's Ministry of Mines and Geology has held discussions with the U.S. International Development Finance Corporation (DFC) and the Export-Import Bank of the United States on supporting the Compagnie des Bauxites de Guinée (CBG) in building an alumina refinery, with CBG planning to start construction by the end of 2026. The Guinean government plans to build 5–6 alumina refineries with total annual capacity of about 7 million tonnes by 2030, in order to drive the transformation of bauxite from export to local processing.

Hubei Xinyue Aluminum Technology Co., Ltd., located in the Tianmen Green Circular Industrial Park, is an enterprise focusing on standardized and large-scale production of aluminum sheet products and targeted market sales, with products covering fields such as transportation and mold processing. At present, part of the company's production lines have been officially put into operation, and full-line commissioning is expected in mid-October. By then, the company will produce 300,000 tonnes of aluminum sheet annually, with an annual output value expected to reach RMB 7 billion.