♦Electrolytic aluminum overcapacity attracts attention of Chinese government, prompting “Supply Reforms”
At the end of 2015, China’s central government began calling for "Supply Reforms”. The electrolytic aluminum market remains sluggish with aluminum plants suffering greater losses. Therefore, it is urgent we solve the overcapacity problem. The adjustment and optimization of Chinese electrolytic aluminum capacity will bring about new opportunities and challenges for the alumina industry
♦China speeds up exploration of overseas bauxite resources
China has accelerated the pace of overseas bauxite resource exploration after Indonesia halted bauxite exports. Malaysia has become the largest bauxite supplier to China, overtaking Australia. Meanwhile, China has made substantive progress on bauxite exploration in Guinea
♦China faces more intense competition in aluminum fluoride export market
With Europe and the Middle East witnessing an increase in aluminum fluoride supply, China is facing more intense export competition. The rate at which China’s new aluminum fluoride capacity is released has begun to slow, reducing the supply pressure in the domestic market
♦Carbon industry faces challenges after aluminum smelters in Xinjiang build their own carbon plants
China's carbon manufacturers are facing shrinking demand because electrolytic aluminum smelting plants in Xinjiang and other places are continuing to step up construction of carbon plants for their own use. At the same time, environmental protection policies and regulations have become stricter, increasing the pressure on small carbon manufacturers
