Aluminium: the impact of lower on-grid power tariffs in China



Get this report



Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information


Contact us

Report summary

We have re modelled Chinese aluminium energy costs in light of the recent reduction of on grid power tariffs and found that the net impact to the average cash cost to local aluminium smelters is minimal. China's weighted average cash costs are expected to decline by just US$10/t following the reduction to US$1868/t. This corresponds to a saving of US$310 million which appears significant but not in an industry worth tens of billions of dollars.

What's included

This report contains

  • Document

    Aluminium: the impact of lower on-grid power tariffs in China

    PDF 376.88 KB

Table of contents

Tables and charts

This report includes 5 images and tables including:


  • The impact of the new on grid and industrial power rates in China
  • Chinese total energy costs, US$/t
  • Chinese M1 margin on ingot, US$/t
  • More than 50% of the tariff cuts on a cost saving basis falls in three provinces
  • US$310 million of potential savings to smelters

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898