Accident at China’s Huaxing refinery removes 50-80kt of met alumina supply; market unmoved so far

摘要

It could take 20-30 days to return the production line to full operation, removing around 50,000-80,000 tonnes of met alumina supply from the Chinese domestic market over the period, according to market estimates. Huaxing alumina refinery, co-funded by Aluminum Corp of China (Chalco) and China Resources (Holdings) Co in 2010, has full production capacity of 2.2 million tonnes per year alumina. It had been operating at 1 million tpy until the beginning of June, when it resumed its idled 1.2 million tpy to bring it to full capacity.