Henan electrolytic aluminum faces a total loss

According to the Henan Nonferrous Metals Industry Association, the overall operation of Henan's whole industry in the first half of this year was stable, but the problem of “two tight and two liters” caused by power shortage, tight capital, rising electricity prices and rising costs has become more prominent. Industry is still at an overall loss.
According to reports, the production of 10 major non-ferrous metals in the province maintained a low growth rate in the first half of the year. The total output in the first five months was 2,250,300 tons, an increase of 2.24%. Among them, copper, lead, zinc and copper, aluminum, magnesium and magnesium alloys, alumina, molybdenum concentrates have increased significantly. In the aluminum industry, both alumina and aluminum have grown at both ends, and electrolytic aluminum production has fallen sharply. The main reason is that more than 1 million tons of electrolyzers were shut down last year due to power cuts. This year, due to the dual factors of rising electricity prices and power cuts, the resumption of production is slow.
In terms of efficiency, the overall efficiency of the whole industry has been greatly improved, but the electrolytic aluminum industry is still in an overall loss state. According to the data of the Henan Provincial Department of Industry and Information Technology, only the first four months of the province's large-scale non-ferrous metal enterprises realized a profit of 10.79 billion yuan, an increase of 30.2%, especially for lead-zinc enterprises.
The electrolytic aluminum enterprises continued to lose money overall. In the past three years, the whole industry has been in a loss state except for the short-term profit before and after the end of 2009. The main reason lies in the imbalance of the coal-electricity aluminum industry chain, the mismatch, the small proportion of self-supplied electricity, and the lack of direct power supply. As the price of electricity rises, the days become more and more difficult.
In the alumina enterprises, private and state-owned enterprises are in the doldrums. For example, the private Oriental Hope (Sanmenxia) Aluminum Company's alumina profit reached 450 million yuan in the first half of the year; Chinalco Henan Branch is still reducing losses and has not yet achieved profit.
According to experts from Henan Nonferrous Metals Association, “guaranteeing electricity” has become the top priority for Henan non-ferrous metal industry production. It is an urgent task for Henan non-ferrous metal industry to upgrade its industrial structure and transform its development mode. In the current situation of power shortage, coupled with the continued increase in electricity prices, whether the industry's production efficiency can maintain growth will be a big test. In addition, Henan Nonferrous Metals Industry is looking for the position of the non-ferrous metal industry in the overall economic and social development of the country and the province during the “Twelfth Five-Year Plan”. The government needs to give practical policy measures to guide industry enterprises to analyze calmly, calmly cope, and seize opportunities. It is difficult to attack.
 

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