Home > News > China

China Hongqiao to Shift 2 Million Tonne Aluminium Capacity to Yunnan Province to Cut Power Costs

Tuesday, Nov 26, 2019

   World’s biggest aluminium supplier China Hongqiao Group will move almost a third of its smelting capacity to Yunnan in southwest China from Shandong province, cutting its reliance on coal-fired power. Chairman Mr Zhang Bo told Reuters “Hongqiao plans to move 2 million tonnes of capacity in two phases to Wenshan prefecture, in the southeast of hydropower rich Yunnan province near the border with Vietnam. It’s mainly to adjust the energy structure of Hongqiao, with nearly one third of the production capacity using hydropower and clean energy in Yunnan. The cost is good. Yunnan government gives us some preferential electricity prices.”

  The 1 million tonnes of smelting capacity in the first phase of the Yunnan project is expected to start in the third or fourth quarter of 2020. The time frame for the second phase will depend on how the first goes
  There is no need to buy replacement capacity permits as overall group capacity will remain at 6.46 million tonnes.
  All of Hongqiao’s smelting capacity is currently located in the city of Binzhou in Shandong and relies on coal-fired power for the electricity-intensive smelting process.

Recommended exhibitions

China Lightweight Vehicle Summit 2018
China’s automobile industry development has faced with enormous pressure on energy and environmental protection. In ord......
Aluminum company promises to hire 550 in heart of Appalachia
An aluminum company says it will build a $1.3 billion plant in the heart of Appalachia, promising to hire 550 people and......
Aluminium China 2017 to Drive Industry Transformation in Lig
This year’s Aluminium China in Shanghai from 19-21 July is set to mark a new period of growth in the aluminium industry......
International aluminum meeting to include Northern Ontario c
Advocates for workers who were exposed to aluminum dust while working in Northern Ontario mines will present their work ......