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Chalco Pushes for Shanxi Province to be Aluminium Hub

Metal News - Published on Tue, 26 May 2020

Image Source: Shanxi Province Bauxite
Reuters reported that Chalco unit Shanxi Huasheng executive and a delegate at the National People’s Congress in Beijing Mr Gao Bingwei has called for his province of Shanxi to take advantage of abundant bauxite resources and become a major aluminium production hub. He said “Shanxi Province ranks first in China with 1.5 billion tonnes of bauxite reserves. If all of Shanxi’s alumina were consumed locally, it would create aluminium projects worth two 100 billion yuan.”

Chalco stopped aluminium production at Shanxi Huasheng, a 51%-owned subsidiary, last year, citing high electricity costs, in favour of moving capacity to Yunnan in China’s southwest. But Gao said Shanxi was closer to the aluminium consumption than other major electrolytic aluminium regions, including Yunnan.

Bauxite is the main ore source of aluminium and has to be refined into alumina to produce the metal of which China is by far the world’s biggest producer and consumer.

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Posted By : Yogender Pancholi on Tue, 26 May 2020
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