【Industry Focus】
Ministry of Commerce:China and the United States will sign the first phase of the economic and trade agreement next week
At a regular press conference on the afternoon of the 9th,spokesperson for the Ministry of Commerce,Gao Feng,stated that at the invitation of the United States,Liu He,a member of the Political Bureau of the Communist Party of China Central Committee,Vice Premier of the State Council,and Chinese leader of the China US Comprehensive Economic Dialogue,will lead a delegation to visit Washington from the 13th to the 15th of this month to sign the first phase of the economic and trade agreement with the United States.The teams of both parties are in close communication on the specific arrangements for signing the agreement.
The import quota for the second batch of copper and aluminum scrap in 2020 is 7544 tons
On January 8,2020,the China Solid Waste Chemicals Management Network announced the second batch of import quotas for copper and aluminum waste in 2020.Among them,26566 tons of copper waste and scrap materials were involved,and 7544 tons of imported aluminum waste and scrap materials were involved,with a significant decrease compared to the previous month.In addition,there are 3180 tons of imported scrap steel.
Inner Mongolia:Control the electrolytic aluminum production capacity to around 10 million tons in 2022
Recently,Inner Mongolia Autonomous Region issued a notice on the issuance of the"Implementation Plan for the High Quality Development of Traditional Industries in Inner Mongolia Autonomous Region".The"Implementation Plan for the High Quality Development of Traditional Industries in Inner Mongolia Autonomous Region"proposes to focus on the comprehensive utilization of high alumina coal resources(high alumina fly ash)in the Zhungeer region,and to construct about 3 million tons of electrolytic aluminum projects in Baotou,Ordos,and Tongliao through capacity replacement,and to layout a batch of aluminum profiles Aluminum plate(strip,foil),aluminum alloy and other projects will have an electrolytic aluminum production capacity of around 10 million tons by 2022,and an aluminum post processing capacity of 7 million tons.
Türkiye decides to continue to impose 22%anti-dumping duty on China's aluminum foil
On January 4,2020,the Ministry of Trade of Türkiye issued Announcement 2019/34,making the first final antidumping sunset review on aluminum foil with a thickness of≤0.2mm originating in China,and deciding to continue to impose an antidumping duty of 22%on Chinese aluminum foil.This case involves products under Türkiye's tax number 7607.11 and some products under tax number 7607.19.
Xingxian Economic and Technological Development Zone Holds a Signing Ceremony for Investment Promotion of Aluminum Deep Processing Standardization Plant
On January 3rd,Xingxian Economic and Technological Development Zone held a signing ceremony for the investment promotion of standardized aluminum deep processing factories.Focusing on the Zhongrun electrolytic aluminum project,it reached cooperation intentions with four aluminum material deep processing enterprises and signed cooperation agreements.At the signing ceremony,representatives from Hubei Danjiangkou Huatai Aluminum Co.,Ltd.,Guangdong Foshan Nanhai Kangdao Metal Materials Co.,Ltd.,Hebei Ningjin County Panghao Metal Wire Co.,Ltd.,and Hebei Baoding Dongshuo Metal Materials Manufacturing Co.,Ltd.respectively introduced their respective cooperation projects.
【Enterprise Dynamics】
Mingtai Aluminum has successfully passed the certifications of Lloyd's Register of Shipping(LR)in the UK and BV in France
Recently,Henan Mingtai Aluminum Industry has successfully obtained factory recognition certificates from two globally renowned authoritative certification bodies for ship classification and naturalization-Lloyd's Register of Shipping(LR)in the UK and BV in France,providing another passport for the company to expand into the international marine product market.At present,the company has obtained certifications from 5 classification societies including China Classification Society(CCS),Norwegian Classification Society(DNV),American Bureau of Shipping(ABS),French Bureau of Shipping(BV),and British Bureau of Shipping(LR).
Minfa Aluminum:The actual controller will be changed to the State owned Assets Supervision and Administration Commission of Shangrao City
Minfa Aluminum Industry announced that on January 5,2020,the company received a"Share Transfer Framework Agreement"signed by the controlling shareholder and actual controller Mr.Huang Tianhuo,as well as the concerted actors Huang Changyuan,Huang Yindian,Huang Wenle,Huang Wenxi,and Huang Xiulan,with Shangrao Chengtou.Huang Tianhuo and the concerted actors will jointly transfer no more than 29.99%of the total share capital of the listed company to Shangrao Chengtou,The specific transfer ratio is based on meeting the lower limit of Shangrao City Investment's actual control of the listed company.The specific number of shares to be transferred shall be subject to the formal share transfer agreement signed by all parties.If the transfer is successfully completed,Huang Tianhuo will no longer be the controlling shareholder and actual controller of the company.Shangrao City Investment will become the controlling shareholder of the company,and the actual controller of the company will be changed to the State owned Assets Supervision and Administration Commission of Shangrao City.
Lizhong Alloy Group Automotive Lightweight Aluminum Alloy New Material Project Commences
On the morning of January 6th,the groundbreaking ceremony was held for the aluminum alloy new material project of Lizhong Group located in Caidian District,Wuhan.Lizhong Wheel Group plans to invest approximately 600 million yuan,acquire approximately 118 acres of land in the Caidian Economic Development Zone,build an intelligent manufacturing factory with an annual output of 3 million high-end cast aluminum alloy wheels,and develop and manufacture aluminum alloy wheels and precision molds for wheels.After the project is fully put into operation,it can achieve an annual sales revenue of about 700 million yuan and tax revenue of up to 30 million yuan.Lizhong Alloy Group plans to invest approximately 400 million yuan,acquire approximately 70 acres of land in the Caidian Economic Development Zone,and build a green manufacturing factory with an annual output of 100000 tons of new aluminum alloy lightweight materials for automobiles.This project mainly focuses on the research and development,manufacturing of cast aluminum alloys,deformed aluminum alloys,and aluminum based functional intermediate alloys.The project is divided into two phases of construction.
Baotou Aluminum Industry Successfully Developed and Produced A356 Aluminum Alloy Flat Ingots
Baotou Aluminum Industry has successfully developed and produced A356 aluminum alloy flat ingots,and some products have been delivered to customers for use and have been recognized by them.It is reported that the A356 aluminum alloy flat ingots produced by Baotou Aluminum Industry are the first in China and have partially replaced similar foreign imported products.
Jizhong Energy-Tianshan Aluminum's First Ship of Guinea Bauxite Mine Successfully Arrived at Fangcheng Port
Recently,the first ship of Guinea bauxite from Jizhong Energy International Logistics Group Co.,Ltd.and Xinjiang Production and Construction Corps Agricultural Eighth Division Tianshan Aluminum Industry Co.,Ltd.arrived at Fangcheng Port in Guangxi.This ship is also the first 170000 ton CAPE ship to arrive at Fangcheng Port.
【Global Vision】
TBJ Mining in Indonesia starts washing bauxite with water
TBJ Mining Company in Indonesia has been washing bauxite since the end of last month.A source from the company revealed that they have processed about 55000 tons of bauxite,with Al2O3 47%min SiO2 10%max,and are currently preparing for export.They plan to produce around 150000 tons in January.Its annual production capacity is 2 million tons,and it has three mining areas in Xinji Island,with an estimated reserve of around 60 million tons.Last July,they obtained an export quota of 2.2 million tons of bauxite and plan to produce around 2 million tons this year.In 2019,they did not process water washed bauxite.
Bahrain Aluminum Industry's aluminum production in 2019 was 1.36 million tons
Bahrain Aluminum Industry set a new record for aluminum production in 2019,exceeding 1.36 million tons,reaching 1365005 tons.In 2018,aluminum production was 1011101 tons,a year-on-year increase of 35%.Shaikh Daij bin Salman bin Daij Al Khalifa,Chairman of the Board of Directors of Bahrain Aluminum,said,"I am very proud that in 2019,Bahrain Aluminum efficiently completed 1.36 million tons of production,successfully delivered and operated Line 6,and achieved an excellent safety record.We look forward to the success that the transformation of Line 6 will bring to the Saudi economy and Bahrain Aluminum in 2020.
US aluminum exports rose month on month in November
According to data released by the US Department of Commerce on Tuesday,US aluminum exports in November were 5827667 kilograms,up from 5045213 kilograms last month;The cumulative weight from January to November is 53255369 kilograms.
