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Nonferrous Metals Industry (Aluminum) to Be Promoted by China’s Policy
On June 16, 2016, China’s State Council issued an important document about creating a favorable market environment to promote the development of nonferrous metals industry. In terms of China’s nonferrous metals industry, The State Council Strictly controls new production capacity and accelerates the withdrawal of excess capacity. Meanwhile the nonferrous metal reserve system should be improved including the perfect combination of government reserves and commercial reserve mechanism.
The document contents are listed as follows:
To strictly control the new production capacity
♦ To strictly implement electrolytic aluminum project according to the same amount or reduction of capacity replacement program.
♦ To strengthen supervision and inspection for violations of new electrolytic aluminum projects.
♦ To accelerate the withdrawal of excess capacity and improve the main pollutant online monitoring system. Immediate rectification should be made for those enterprises which don’t comply with laws and regulations, industrial policies and relevant standards.
♦ To encourage qualified enterprises to timely adjust development strategy and reduce stock production capacity.
To strengthen technological innovation and promote intelligent manufacturing. ♦ To carry out digital mine intelligent and manufacturing pilot in key areas to enhance the level of enterprise manufacturing and service intelligence as well as improve product performance stability and quality consistency.
♦ To focus on the development of car aluminum alloy plate, aerospace aluminum alloy plate and other key basic materials.
♦ To support high alumina ash comprehensive utilization technology research and development and industrialization.
♦ To improve the recycling technology of nonferrous metals and equipment level and encourage enterprises to improve the usage of recycled nonferrous metals.
To expand market applications
♦ To strengthen enterprise cooperation and establish the industry association.
♦ To solve problems of restricting product application technology, product quality, engineering construction standards and expand consumption space.
♦ To Improve the relevant product standards and strengthen the quality supervision of nonferrous metals industry.
To establish reserve system
♦ To improve the nonferrous metal reserve mechanism integrated with the government reserves and commercial reserves with an appropriate increase in some non-ferrous metals reserves.
♦ To carry out exploration for nonferrous metal enterprises commercial reserve pilot and encourage financial institutions to support the commercial storage of nonferrous metal research.
To actively promote international cooperation and implement the strategy “The Belt and Road” to make full use of China's nonferrous metal advanced technology and equipment.
To promote advanced equipment, products, technology, service standards, the whole industry chain output and improve international competitiveness.
To optimize the structure of nonferrous metal industry
♦ To balance the supply and demand of key species and maintain the utilization rate of electrolytic aluminum production capacity above 80%.
♦ To enhance copper, aluminum and other varieties of mineral resources and support capability and rare metal resources development.
♦ Recycling nonferrous metals are used more widely, and key technology and equipment has made breakthrough with the increasing assumption of aerospace, cars, construction, electronics, packaging and other nonferrous metal materials.
♦ Major international production cooperation projects have made substantial progress with rising quality and efficiency.
Last but not least, China also intends to strengthen the financial support of nonferrous metals industry for enterprises in the capital markets with equity financing, and guide independent negotiations between financial institutions and enterprises.
Welcome to AL Expo 2016! Look forward to your participation sincerely!
Date: September 26th - 28th, 2016
Venue: China Import and Export Fair Complex