Caixin
Jul 09, 2024 01:50 PM
BUSINESS

Chinese Alumina Producers Increase Output After Surge in Prices

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A worker holds processed alumina. Photo: Bloomberg
A worker holds processed alumina. Photo: Bloomberg

(Bloomberg) — Chinese alumina producers are boosting output to take advantage of the highest prices in more than two years.

Prices for alumina, the main feedstock for aluminum smelters, reached $510 a ton in Western Australia on June 13, the highest since March 2022, according to SMM International. They’ve climbed more than 40% this year as alumina supplies were disrupted.

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