According to the latest data from the General Administration of Customs, in May 2024, China exported 560,000 tons of unwrought aluminum and aluminum products, an increase of 18.7% year-on-year. From January to May, the cumulative exports reached 2.56 million tons, a year-on-year increase of 10.8%.
In May, China exported 100,000 tons of alumina, a decrease of 7.6% year-on-year. From January to May, the cumulative e
According to external sources on June 10, the London Metal Exchange (LME) reported that in May 2024, the proportion of Russian-origin aluminum in LME-approved warehouses decreased from 89% in April to 42%, while the share of Indian aluminum jumped from 9% to 50%.
This change occurred following the LME's decision to ban all Russian-produced aluminum, copper, and nickel from entering its system starting April 13
The State Council recently issued the "2024-2025 Energy Conservation and Carbon Reduction Action Plan," which calls for strict implementation of capacity replacement for electrolytic aluminum, stringent control of new capacity in copper, alumina, and other smelting processes, and rational planning for new capacity in industries such as silicon, lithium, and magnesium. The plan emphasizes the vigorous develo
Morgan Stanley released a report indicating that China's domestic bauxite supply is hindered due to environmental issues, mining safety controls, and declining ore quality. This has resulted in a cumulative production drop of 20% this year, with an expected annual reduction of 8% to 60 million tons. The bauxite shortage is impacting alumina production, with domestic alumina production rising 3% year-on-year in th
.webp?imageView2/1/w/250/h/167)
