Entering text into the input field will update the search result below

Chalco to cut Shanxi alumina production due to high bauxite cost

  • Chalco (NYSE:ACH) says it has suspended 770K metric tons of alumina production capacity at its majority owned Chalco Shanxi New Materials in China's Shanxi province, citing the rising cost of bauxite feedstock and low alumina prices.
  • Shanxi New Materials has nameplate production capacity of 2.6M metric tons/year of alumina and 424K tons/year of primary aluminum; the suspended capacity represents nearly 30% of installed capacity.
  • ACH does not say how long the Shanxi production cuts will last.

Recommended For You

More Trending News

Related Stocks

SymbolLast Price% Chg
ACHHY--
Aluminum Corporation of China Limited