CONF: China's aluminum producers scrambling to expand overseas capacity

More Chinese aluminum producers are expected to shift their focus from domestic capacity expansion to building a dual presence both at home and abroad, according to Mo Xinda, Director of the Light Metals Department at the China Nonferrous Metals Industry Association. Mo made the remarks at the 12th Aluminum Industry Annual Conference hosted by Mysteel in East China's Hangzhou on December 2.

Source: Mysteel In recent years, Chinese aluminum companies have shown growing interest in expanding their footprint overseas, with several companies already operating plants, or planning to invest, in resource-rich countries such as Indonesia, Guinea, and Kazakhstan, Mo noted. This "going global" strategy is primarily driven by aluminum companies' demand to get access to abundant raw materials such as bauxite. Additionally, some foreign governments