Compared with the annual increase of electrolytic aluminum production capacity expansion is rapid. Statistics
show that China's electrolytic aluminum production capacity increased from 11060000 tons in 2008 to
18000000 tons in 2006, an increase of 63%. Ran from 2009,the government announced that no longer
approved the new, after the expansion of electrolytic aluminum project, the year after the electrolytic
aluminum production is still around 10% growth, to the end of 25000000 capacity has reached 2011 tons, the
actual output is 1750, but the utilization rate is only about 70%. The capacity utilization rate is insufficient,
the electrolytic aluminum production capacity is all the time.In fact, overcapacity in the controversy over the
years has been accompanied by the electrolytic aluminum industry, despite the government's repeated for
electrolytic aluminum eliminated backward production capacity mission overweight, but limited impact on
actual domestic electrolytic aluminum production capacity, eliminate backward production capacity did not
appear to inhibit total capacity continues its rapid development. China in recent years of electrolytic
aluminum supply and demand relations from a single point of view, whether before or after the 2008 financial
crisis crisis era, China's electrolytic aluminum industry there is always overcapacity worries, and if the
proposed project completed and put into use, to "Twelfth Five Year Plan" period, national electrolytic
aluminum production capacity or more than 3000 million tons, the contradictions of excess production
capacity will be further intensified.
Although this year, the domestic multi industry overcapacity, the situation of the loss of the industry, the loss
of the electrolytic aluminum industry is more prominent than last year, the industry has more than three
losses. Losses caused by the reason, on the one hand and the high price of electricity, on the other hand, the
electrolytic aluminum industry overcapacity.
But the west is rich in resources, is becoming a new hot spot for electrolytic aluminum investment, many
large corporations have to invest in the west. According to analysts expect the 2012 electrolytic aluminum
production capacity continues to maintain growth trend, or up to 27000000 tons, 2013 electrolytic aluminum
production capacity of about 30000000 tons, but the utilization rate of production capacity is still maintained
at around 72%-75%. Because of overcapacity or the possibility of future aluminum prices increased,
resulting in a further decline in the profits of electrolytic aluminum enterprises.