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China Hongqiao Starts Phase 1 of Aluminium Production in Yunnan

Metal News - Published on Mon, 21 Sep 2020

Image Source: China Hongqiao
Reuters reported that aluminium producer China Hongqiao Group Ltd has started first phase production at a greener aluminium plant in the southwestern province of Yunnan in China, cutting its reliance on coal-fired power. The project, led by Shandong Weiqiao Pioneering Group, is located at Wenshan prefecture and has an annual capacity of 2.03 million tonnes. The first phase of the project put into production on Thursday has capacity of one million tonnes per year. The company does not have an exact timeline for the launch of phase two, but will complete by 2025. The whole project involves total investment at 40 billion yuan (USD 5.91 billion)

Hongqiao’s smelting capacity is currently located in the city of Binzhou in Shandong and relies on coal-fired power for the electricity-intensive smelting process. The move to Yunnan allows it to swap coal for cleaner hydropower. Hongqiao aims to move about one-third of its aluminium capacity out of Shandong province to the hydropower-rich Yunnan province amid China’s environmental curbs.

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Posted By : Yogender Pancholi on Mon, 21 Sep 2020
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