Aluminum smelters in China's Guangxi province have been notified by Guangxi Power Grid Company to reduce their regular power consumption by at least 30% before August 15 by staggering power usage, sources told Fastmarkets.
Guangxi province has a yearly operating capacity of 1.9 million tonnes per year of aluminium and is currently operating at 93% of capacity."We estimate that [output will reduce by] nearly 420,000 tonnes per year of aluminium under the new [power restriction] requirement, but the final aluminium...