Inner Mongolia Xinwang starts alumina equipment repairing
2024-04-11 07:59:29 [Print]
BEIJING (Asian Metal) 11 Apr 24 - Inner Mongolia Xinwang Recycling Resource Co
"We would restart alumina production in July after finishing equipment repairing," says the source, noting that they will restart both two production lines with the total production capacity of 1 million tonnes per year and might release alumina in August.
The alumina refinery once shut down production in the middle of last year due to losses and produced around 80,000t in 2023 with no stock now.
Current mainstream prices for alumina in north China stand at RMB3,240-3,260/t (USD448-451/t) EXW, up by RMB20/t (USD3/t) from late last week, supported by the increased bauxite prices.
. , a major alumina producer in Inner Mongolia with the annual production capacity of 1 million tonnes, started equipment repairing from late last month and might restart production three months later, a source from the company reports to Asian Metal.
"We would restart alumina production in July after finishing equipment repairing," says the source, noting that they will restart both two production lines with the total production capacity of 1 million tonnes per year and might release alumina in August.
The alumina refinery once shut down production in the middle of last year due to losses and produced around 80,000t in 2023 with no stock now.
Current mainstream prices for alumina in north China stand at RMB3,240-3,260/t (USD448-451/t) EXW, up by RMB20/t (USD3/t) from late last week, supported by the increased bauxite prices.