The company's predecessor Shandong Hongqiao was founded in 1994 to produce and distribute jeans and yarn-dyed denim. [42], In 2013, China Hongqiao Group and Indonesia's Khaleda Group, Weili Investment (Hong Kong) Co., Ltd. jointly established Hongfa Weili Alumina Co., Ltd[43] with a joint investment of 1 billion U.S. dollars to build an annual output of 2 million tons of aluminium production in Indonesia's West Kalimantan Province. [45], In 2016, the company opened its first production facility in Indonesia with an output of 1 million tons per year. China is the world's largest primary aluminum producer, manufacturing 37 million metric tons in 2020. Indeed, its previous enthusiasm for doing so is why so much metal has seeped out of the domestic market in the form of semi-manufactured product exports. Canada also has a low carbon footprint in its aluminum production compared with other nations, amid its large use of hydroelectricity for the smelting process. Chinas aluminum production is mainly coal-powered. These companies are Chalco, Hongqiao, Xinfa, East Hope Group Company Limited, and China Power Investment Corp. (CPI). Russia ranked as the worlds second largest aluminium producer with around 3.6 million metric tonnes of aluminium produced, which is much lower than the first place Chinas output. These companies are Alcoa, Century aluminium, Magnitude 7 Metals, Glencore, and Ormet. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. List of largest aluminum producers by output - Wikipedia Let us know in the comments. Still, the U.S. is heavily dependent on aluminum imports. Check if your Column: COVID-19 will tilt aluminium axis further towards China - Andy [40], Once Yunnan project reaches full production, it will have more than 31.4% renewable power aluminium capacity. 10 Largest Aluminum Producing Countries In The World - Yahoo Finance Bahrain, as the worlds 8th largest aluminium producing country, is also the worlds largest aluminium wire supplier, with over US$ 699.6 million worth or equivalent of 688.3 million tonnes of aluminium wire exported to the global market in 2016. The company's primary aluminum smelters are located in Canada, Cameroon, France, Iceland, Norway, and the Middle East. In 2019, the production of Aluminium in Iceland reached 682,616 metric tons. BEIJING, Jan 17 (Reuters) - China's annual aluminium output rose 4.8% from the previous year to a record in 2021, official data showed on Monday, reaching 38.5 million tonnes despite curbs on. 11 major production bases around the world. In recent years, the Chinese government has been targeting a capacity reduction of up to 4 million tonnes of aluminium as part of supply-side reform to tackle chronic overproduction and environment pollution. Total production capacity exceeds 6 million tonnes. China's seemingly inexorable rise has long been the dominant theme of the aluminium market, both in terms of persistently low pricing and the proliferation of trade disputes as countries have pushed back against its exports of semi-manufactured products. In 2021, China's aluminum exports were valued at 34.7 billion U.S . The switch to aluminium alloy for form casting was expected to boost demand by 500,000 tonnes last year alone, the bank said. Shanghai aluminium prices fell 4.2% in December as a spectacular rebound from the coronavirus outbreak that saw them gain 22.5% over 2020 ran out of steam. [24], In 2021 China Hongqiao Group Co., Ltd. joined The Aluminium Stewardship Initiative as new Production and Transformation member. Statistically in 2019, the production of aluminium from Malaysia reached 760,000 metric tons. This is the same level as 2020 but there is plans to increase this number in future. World Mining Data 2019. The United States of America is the 9th biggest producer of aluminium. These companies are National Aluminium Co. Ltd, Hindalco Industries Ltd, Bharat Aluminium Co. Ltd, and Vedanta Aluminium Ltd. Canada is the 4th biggest producer of aluminium in 2019. Jan 18 (Reuters) - Chinas aluminium production in 2020 rose 4.9% from the prior year to a record 37.08 million tonnes as smelters cashed in on soaring prices, with December output hitting a monthly all-time high even as the rally cooled. Fruits co-operatives This text provides general information. The company built an industrial chain with the construction of a river port wharf and sea transfer system. Based on production, Aluminium Bahrain B.S.C (Alba) is one and main the first built smelter of aluminium in Bahrain. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. [32], China Hongqiao has established a lightweight testing base in Shandong's province to create a production base for lightweight automobile parts and high-end uses of aluminium. The company's annual production capacity reached 301,513 tonnes of aluminium in 2007. Jan 18 (Reuters) - China's aluminium production in 2020 rose 4.9% from the prior year to a record 37.08 million tonnes as smelters cashed in on soaring prices, with December output hitting a. [63], After the Chinese Communist Party passed stricter environmental requirements, Hongqiao began to make the transition to renewable energies and stopped operating the smallest and most polluting electricity works. Our sole focus is on aluminum, allowing us to follow the market closely and supply you with the information we learn. Suite 5108 The Center 99th Queens Road Central Central Hong Kong. Norsk Hydro ASA and Alcoa Norway ANS are the two producers of primary aluminum in the country, both with multiple facilities. Shandong Xinfa's major aluminum assets include Chiping Huaxin Aluminum Industry Co. Ltd., the Shandong Xinfa Hope Aluminum Co. Ltd. (East Hope Group) and Guangxi Xinfa Aluminum Co. Ltd. Hongqiao is currently the second largest aluminium producer in the world after Chinalco. read more. [20], Over the years, China Hongqiao group has integrated sustainability, energy conservation and Green production into its overall strategy. [15], In 2018 China Hongqiao further increased its investment in environmental protection by with upgrading and renovating its electrolytic aluminium and alumina production process. Last year, however, China imported 1.2 million tonnes of unwrought alloy and has remained a net importer through the first four months of 2021 to the tune of 246,000 tonnes. The company's largest aluminum smelters are in Norway, Canada, and Brazil. personalising content and ads, providing social media features and to If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. South 32 is an Australian owned mining company with facilities in North America, Africa, Australia, and South America. Indian Minerals Yearbook 2017. Opinions expressed are those of the author. Preview BizVibe company insights using a variety of tools. China's largest private aluminum producer was founded in 1994 and is headquartered in Zouping, Shandong. The material is used in the construction industry, automotive manufacturing, appliances and consumer goods. [68], A further report from Emerson Analytics, which seemingly confirmed the allegations, prompted the company to suspend its stock trading on 1 March 2017 after Hongqiao's stock value had fallen by 8.3% within 30 minutes. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. It will also reduce the flow of exports that have caused so much trade tension everywhere else. Senior metals columnist who previously covered industrial metals markets for Metals Week and was EMEA commodities editor at Knight-Ridder (subsequently Bridge). Iceland also has ports, which allow international companies to ship their aluminum globally. Statistically, the production of Aluminium from Bahrain reached 1,365,005 metric tons. Click on the different category headings to find out more and to change your default settings. The Aluminum Corporation of China (Chalco) remains one of China's largest aluminum producers. Applying geoscience to Australias most important challenges. All Rights Reserved. We are happy to help. This island nation produced 1.5 million tons in 2020. Accessed via http://ibm.gov.in/writereaddata/files/12142018183053Aluminium%20and%20Alumina.pdf on February 5th, 2022. The largest domestic producers include China Hongqiao, Chalco, Yunnan Aluminum, Xinfa, and East Group, among others. and over 1Mio. All information these cookies collect is anonymous and is only used to improve how this website works. Emirates Global Aluminium is the leader in Aluminium producer in U.A.E. Chinese aluminum-producing companies Chinalco, Hongqiao Group, and Shandong Xinfa world's leading producers in 2021. This information might be about you, your preferences, or your device and is mostly used to make the site work as you expect it to. offers FT membership to read for free. This is almost 20 thousand tons more than any other country in the world. CPI, China's major state-owned aluminum producer, is a comprehensive investment group that holds assets in power generation, coal, aluminum, railways, and ports. Terence Bell is a former writer who has been involved in the rare earth and minor metal industries for over 10 years. https://www.thoughtco.com/the-10-biggest-aluminum-producers-2339724 (accessed July 1, 2023). In general, aluminum is a very light metal, so it is widely used in making components and equipment for several industrial fields. By clicking Im fine with this, you are allowing the use of these cookies. The local companies dominating primary aluminum production are Vedanta, Hindalco, and Nalco. The top consumer is expected to see a deficit around 1.5 million tonnes this year. These cookies are used to calculate visitor, session, and campaign data, and to keep track of site usage for this site's analytics report. But the recovery in volumes has been muted relative to copper scrap flows, which have surged by 82% over the same period. It's home to 10 primary aluminum smelters across the country, all located in the provinces of Quebec and British Columbia. Global shortages propel aluminium to four-month peak | Reuters But net Chinese imports are starting to look like the new normal as the global economy steadies from the depths of the coronavirus crisis. Get 50+ Insights for 1,000 Aluminum Companies | Risk Reports | Real-Time New Updates | Financials Find Companies>>, The Site uses cookies to record users' preferences in relation to the functionality of accessibility. Aluminum Bahrain B.S.C. [52], In November 2015, 170 000 tonnes of bauxite were shipped from Yantai to China. There is also a political effect as well. Russia is the second-biggest producer of aluminium in 2019. Aluminum Corporation of China (Chalco) is the world's largest alumina producer and largest aluminium company by production volume, with operations in bauxite and coal mining, alumina refining and primary aluminium smelting. [23], In 2020 China Hongqiao partnered with German-based Scholz Recycling Group to establish a recycling JV with focus on end-of-life vehicle recycling technologies and processing. Annually, aluminium production statistics remains pretty consistent. Australia produced 1.6 million tons of aluminum in 2020. [15] According to Peter Thomas, vice president of Zaner Group LLC, a metal broker based in Chicago, this will lead to a 1% to 2% drop in aluminium prices. [19] As per the Certification, the company is mainly engaged in the research and development, production and sales of aluminum sheets, strips and foils. China Hongqiao Group Limited is a company founded in 1994 that specializes in the production of aluminium. Why do some UK cities punch below their weight? This material also meets other industries' demands. China's Domestic Aluminum Production And Consumption China has relented on its plans to ban completely imports of recyclable metal, allowing higher-grade "resource" to once again enter the country. Meanwhile, production of 10 nonferrous metals - including copper, aluminium, lead, zinc and nickel - rose 8.6% year-on-year in December to 5.75 million tonnes, setting a new monthly record above the previous peak of 5.492 million tonnes in November. This nation has one of the most energy-efficient aluminum production processes in the world and one of the lowest carbon footprints amid the usage of clean energy for the smelting process. These cookies are essential in order to enable You to move around the site and use its features, such as accessing secure areas of the site. These countries are aluminum countries that have absolutely huge production of aluminum. as new Production & Transformation member", "The Third Qingdao Multinationals Summit Kicks Off", "Chinese aluminium giant spells out steps to carbon neutrality by 2055", "China Hongqiao to Buy Guinea Bauxite Company for $120 Million", "History and Recent Developments in Aluminum Smelting in China", "ASI Welcomes China Hongqiao Group Co., Ltd. as new Production & Transformation member", "China Hongqiao inks $4.7 billion financing deal with Industrial Bank", "Annual Results for the Year Ended 31 December 2020", "China Hongqiao to move 1/3 of its aluminum capacity to Yunnan", "China Hongqiao puts the first phase of Yunnan Green Aluminum Project into production", "China Hongqiao Aluminum Capacity Postponed Due to Power Cuts", "China Hongqiao to move aluminium smelting capacity to Yunnan province", "China Hongqiao (1378 HK) Sail through the winds and waves", "Success of Indonesia smelter inspires Hongqiao expansion", "Hongqiao starts China's first overseas alumina production in Indonesia - Xinhua | English.news.cn", "China's 1st overseas alumina oxide project starts operation - China.org.cn", "The third production line of Phase II of Hongfa Weili Alumina Co., Ltd. in Indonesia has been fully put into production", "China Hongqiao-backed consortium wins rights for Guinea's Simandou iron ore project", "China Hongqiao to Buy African Bauxite Company for $120 Million", "China's bauxite mining deal in Guinea | Africa Times", "Yantai port co-invests in Guinea bauxite port-China Mining", "China Hongqiao close to clinching bauxite deal in Guinea", "China Hongqiao starts alumina output in Indonesia, up bauxite from Guinea", "Guinea government gives go signal to US$14B Simandou iron ore mine development", "Aluminum Declines as World's Top Producer Plans More Expansion", "China Hongqiao posts lower than expected revenue for first six months", "China Hongqiao, world's largest aluminium producer, to expand capacity", "China Hongqiao chief dismisses aluminium overcapacity concerns", "UPDATE 1-China Hongqiao says to cut 2 mln T/year of outdated aluminium capacity", "China's Biggest Aluminum Producer to Cut Outdated Capacity", "Environmental Challenge of the Weiqiao Aluminium Empire - ToxicLeaks", "Hongqiao Aluminium Dirty Dealings, Dirty Numbers, and Dirty Air - ToxicLeaks", "The burst of the aluminium bubble in Xinjiang - ToxicLeaks", "China Hongqiao's aluminium smelter capacity at risk after environmental regulators impose penalty", "China Hongqiao ordered by regulator to shutter aluminium output -paper", "Aluminium producer China Hongqiao denies short-seller allegations", "Trading Suspended of China Hongqiao Shares After Report Alleges Financial Inconsistencies Aluminium Insider", "Possible Delay in Publication of Annual Results and Despatch of Annual Report for the Year Ended 31 December 2016", "S&P downgrades Hongqiao, cites heightened corporate governance risks - Metals", Cheung Kong Infrastructure Holdings Limited, Henderson Land Development Company Limited, Wharf Real Estate Investment Company Limited, Semiconductor Manufacturing International Corporation, https://en.wikipedia.org/w/index.php?title=China_Hongqiao_Group&oldid=1156295931, Short description is different from Wikidata, Articles containing Chinese-language text, Creative Commons Attribution-ShareAlike License 4.0, This page was last edited on 22 May 2023, at 05:34.
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china largest aluminium producer