- On April 26, Jinzhou Port Co., Ltd, visited Asian Metal. Mr. Eric Zhang, Marketing Director and Ms Mary Wang, Marketing & External Affairs Supervisor from the Port talked about the bauxite market with Mr. Friday Gao, senior analyst from Asian Metal.
- According to Mr. Zhang, Miaoyi Group is the biggest shareholder of the Port, and they plan to build one alumina refinery close to Jinzhou port. “The designed capacity will be 4 million tonners per year,” said the source, adding that there will be 4 lines, with 1 million tonnes for each.
- Covering around 3,200 mu areas, the project is close to Jinzhou port and may cost 8 billion yuan. It is scheduled to be finished in the second half of 2019.
- The project will consume imported bauxite, including both monohydrate and tri-hydrate bauxite. “One production line will be designed as high-temperature technology,” said the source, adding that they have a plan to cooperate in bauxite investment with big miners in Guinea and Australia. They will meet a few of owners in the coming bauxite summit on May 18-20 in Sanya of China.
- Besides of aluminum smelters in Liaoning, they will focus on consumers in Inner Mongolia. The railway of Jinzhou-Chifeng-Baicheng will be completed in 2017, so they can deliver alumina at lower cost to Inner Mongolia.
From left: Friday Gao, Eric Zhang and Mary Wang