Cash Cost Curve Q3 2015 - Client Briefing Note released

AZ China has released its latest analysis of the cash cost of producing aluminium.

The release of the Cash Cost Curve analysis proves the old saying - timing is everything. The Cash Cost Curve analysis looks at costs relative to the metal price at the end of the quarter. Back then - only 4 weeks ago, we found that about 85% of China’s aluminium capacity was under water on a cash cost basis. Now, with the metal price hovering just above RMB10,000, the ratio moves to over 90% under water.

We found that costs fell by about 4% on average, with reductions in several categories. But of course, metal prices have fallen much more than that. We couldn’t resist pinching a line from Richard III - with China Aluminium’s Winter of Discontent fast approaching.

Those of you who are subscribers or clients of AZ China got first look at the Client Briefing Note. If you are on our mailing list, you got to see the Cash Cost Curve Analysis a day or so ago. If you didn’t get an email from us offering you a link to the Cash Cost Curve Analysis, simply complete this contact form, and we will send you a copy.