德意志银行-xx铝行业报告-20170801-deutschebank-chinaaluminiumindustryupdate.pdfVIP

Aluminum Deutsche Bank Markets Research Asia Industry Date China Aluminum 1 August 2017 Resources Metals Mining Industry Update China aluminium industry update Sharon Ding Xinfa completed capacity shutdown of 530ktpa earlier this week Aluminium names performed quiet strong yesterday, thanks to the news of Xinfa Research Analyst Group completing the cuts of 530ktpa smelting capacity earlier this week and +852-2203-5716 governments comment against Chalcos Shanxi Huarun project, showing people that government is indeed taking it seriously. According to Asian Metal, a group James Kan of industry experts had paid a visit to its smelting plants and confirmed that Xinfa Research Analyst had successfully completed the closure of 426 potlines with 530kt capacity. +852-2203 6146 Chalco needs to complete some formalities for its Shanxi Huarun project Top picks MoEP commented on July 30 that Chalco Huarun’s project was approved by Chalco (2600.HK),HKD4.90 Buy Shanxi NDRC ahead of the confirmation of its capacity swap plan. According Source: Deutsche Bank to company management, the projects quota is from Liaoning Fushun plants Companies featured and Guangxi. They have the State Councils approval already but just need to Chalco (2600.HK),HKD4.90 Buy complete the required formalities. Meanwhile, MoEPs comment on Chalco and