The European electrolytic aluminum industry will continue to weaken and Indonesia will become the newest player in electrolytic aluminum production!
The long-term problem facing the European electrolytic aluminum industry is a lack of competitiveness.
With the increasing maturity of electrolytic aluminum production technology, competition in the electrolytic aluminum industry is mainly focused on production costs.
Due to the construction of about 50% of China's production capacity in the last decade, China has the lowest electricity consumption per ton of aluminum, using the latest production technology. However, Europe's electrolytic aluminum production capacity has declined over the past 20 years The year has not expanded, and even worse, Europe's electrolytic aluminum production capacity has been shrinking over the past 10 years The year has been shrinking. The technology of European aluminum production capacity is outdated and there is a huge technology gap with China and other regions.
Lack of competitiveness is a long-term problem for the European aluminum industry, especially in a period of rising energy costs, and European aluminum production capacity will continue to decline.
Considering environmental protection and energy consumption, the Chinese government no longer encourages electrolytic aluminum production, and China's total electrolytic aluminum production capacity is limited to a level of around 45 million tons.
Indonesia is expected to move into the next three years to become a big producer of electrolytic aluminum. Indonesia is rich in coal and bauxite resources and has excellent conditions for the development of the aluminum industry, and the Indonesian government also encourages the development of the aluminum industry!
China Metallurgical Construction Corporation (CMCC) has been awarded the contract to build electrolytic aluminum smelters in Indonesia, of which 300 electrolytic aluminum smelters are planned to be built in North Kalimantan with a capacity of 10,000 tons of electrolytic aluminum.The total capacity of the first phase of the project is 50 10,000 tons, which is expected to be put into operation in the first quarter of 2025.
Beyond 2020, China's export of technology will be a new feature of the evolving global economic landscape.
China has some of the most advanced technology in the world, it has the capacity to develop, design and manufacture the full range of equipment, and it is willing to export technology to developing countries.
Europe, the United States and Japan are no longer the only technology exporters; China has become the most effective technology exporter.
Typical industrial cases such as Indonesia's high-speed rail, while the aluminum and steel industries are less well known.
Technology is neutral and its evolution is objective.
No country can intervene in the development of technology, but mastery of technology allows subjective initiative.
Through its own efforts, China has mastered technology and spread it to developing countries at low cost.
At present, China's technology diffusion is conducive to digesting the overcapacity of Chinese industry. In the long run, China's technological diffusion consumed the advantages of developed countries and eroded the basis of their high income and welfare.