Chalco closed part primary alumina capacity permanently

Staff of Chalco indicated yesterday that the company was closing part primary alumina capacity in Shandong Branch. By early this month, about 1 million tons alumina and 25 thousand tons primary aluminium capacity has been shut. Chalco, according to introduction, will not restart these capacity.

Chalco has closed 40000 tons primary aluminium capacity from October, which accounts for 2/3 of the whole capacity in China. While in the following days, Chalco is likely to shut 400000 tons alumina capacity.

According to analysts, most companies shut down capacity mainly for reducing deficit, as primary aluminium and alumina is a industry of high input and high yield. However, the closed capacity will be restarted with the turning good of international economy and aluminium price.

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