The pace of enterprises "going out" will accelerate 


"Going out" in recent years, which is China's nonferrous metals industry has been doing, especially during the global financial crisis, some of the best companies in terms of going out to purchase non-ferrous mineral resources has been impressive, but relatively few in the smelting and processing industries. 

2014 As China's bauxite major importing countries of Indonesia issued a ban on mining order prohibiting the export of bauxite, desperation, Chinese enterprises have invested an aluminum smelter and seek resources to other areas in Indonesia. 

May 7, 2014 letter Jamaica Investment Group and $ 3 billion joint venture refinery issues were consulted. After that, Hongqiao Group to spend about 7.5 billion acquisition of a bauxite mine in Guinea in the company, the group was in July 2013 by the construction of Acer shares Weili Gong Division in Kalimantan, Indonesia can Tapang County Tawang dry town construction projects annual output of 200 million tons of alumina. 

2015, with the increase in more countries on earth for mineral resources and international export policy tightening "dual" activities, as well as domestic aluminum overcapacity situation intensifies, more companies will have to "go out" looking for aluminum mineral resources, more aluminum production capacity will be transferred abroad. 

Recently, Premier Li Keqiang chaired a State Council executive meeting, the deployment of more financial support enterprises to "go out" efforts to promote structural adjustment and promote steady growth upgrade. The meeting noted that co-ordinate domestic and international situations, increase financial enterprises "going out" to support and promote our strengths and surplus capacity to take the country to promote the Sino-foreign co-production, and expand development. Li pointed out that support enterprises to "go out", is not only conducive to resolve quality domestic surplus production capacity, more conducive to China's economic restructuring, promote industrial restructuring and upgrading. 

Referring to the meeting strengths and surplus production capacity, although not necessarily refer to the aluminum industry, but China's aluminum smelting technology has been leading the international level, such as aluminum tonne of aluminum integrated AC power consumption is only 13,680 kwh, while in the country these quality electrolytic aluminum production capacity has been fixed for the high energy-consuming industries, no longer seem to be an economic "meat and potatoes", this way it touches a good time of high-quality aluminum production capacity to transfer abroad. 

So, in 2015 whether to invest abroad bauxite or aluminum smelting plant construction will usher in a peak period of opportunity.