Nov 03, 2021 04:35 AM

ECONOMY

Yunnan Scraps Preferential Power Pricing for Aluminum Makers

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What’s new: Southwest China’s Yunnan province, one of the country’s largest aluminum-producing areas, scrapped preferential electricity pricing for electrolytic aluminum producers to control consumption amid power shortages.

The provincial government issued a policy circular Monday stipulating an immediate cancellation of all power price discount and subsidies to the aluminum industry.

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