Electrolytic Aluminum Industry Arrives at Its Inflection Point, Demand for Mining Equipment Rising Dramatically

[China Aluminum Network] August 18, Recently, Electrolytic aluminum industry supply can’t meet with demand under the government tight control. Majority of electrolytic aluminum enterprises once again gain profit.

Aluminum hasn’t been favored in the past, however, since this June, electrolytic aluminum with its climbing price begins standing out among all other metals. According to professors, there are two factors that may contribute to the rising price. On one side, power supply tension in summer limits the operation of electrolytic aluminum. On the other side, due to increasing cost of raw material, many power enterprises readjust power price which greatly affects cost of electrolytic aluminum companies.

Our national economy’s rapid development as well as consumption products including infrastructure, public services, housing and automobiles etc. indirectly drive the demand for electrolytic aluminum. Ultimately, it calls for bauxite continuous supply, hence, electrolytic aluminum enlarged market demand accelerates our speed to explore bauxite resources.

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