The vice president of China Nonferrous Industry Association (CNIA) has called for domestic producers to produce less alumina and undertake "rational investment on alumina new projects" to cool China's enthusiasm for production that began in 2018.
Speaking during a CEO dialogue session at an Antaike aluminium conference in Qingdao on Thursday November 14, Shang Fushan said: "As we all know, after the aluminium supply reform was launched several years ago, China's aluminum production celling would be 45,000,000 tonnes [per year]. This won't change. I think it is time for us to think about alumina production now based on [the alumina] surplus." Chinese aluminium output from January to October 2019 was 29.95 million tonnes, down 1.6% year on year, according to data presented at the conference. Despite the closure of Xinfa Group's Jiaokou alumina refinery in May which removed 2.8 million tpy of...