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China's alumina prices rebound to one-month high on Yunnan demand | Hellenic Shipping News Worldwide

China's alumina prices rebound to one-month high on Yunnan demand | Hellenic Shipping News Worldwide
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Chinese aluminium smelters forced away from captive coal-fired power - report


Aluminum smelter.
(Reference image by UC Rusal Photo Gallery, Wikimedia Commons).
A new report by Wood Mackenzie states that China’s march towards carbon neutrality is forcing its aluminium smelters away from using captive coal-fired power.
WoodMac’s estimates show that smelters released about 12.36 tonnes of CO2e per tonne of aluminium produced from coal-fired power generation last year. Over 80% of aluminium capacity in China is based on coal-fired power.
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According to the market analyst, in the past, producers would build power plants first in specific areas and aluminium facilities later, in order to better manage costs. However, this strategy has become harder to sustain under China’s goals to control energy consumption and achieve carbon neutrality.  ....

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