Tianshan Aluminum Reports Q2 Cost Shifts: Alumina and Power Down, Prebaked Anode Up
Tianshan Aluminum said at an August 19 earnings call that its second-quarter alumina production costs edged lower from the first quarter, helped by the gradual digestion of high-priced bauxite inventory purchased in 2025. Prebaked anode costs rose slightly quarter on quarter on higher petroleum coke prices, while electricity costs declined modestly. The company did not disclose specific figures.
Tianshan Aluminum said at its August 19 earnings call that second-quarter alumina production costs edged down from the first quarter, mainly reflecting the gradual digestion of high-priced bauxite inventory accumulated in 2025. For prebaked anodes, costs rose slightly quarter on quarter, driven by a year-on-year increase in petroleum coke prices. Electricity costs in the second quarter were slightly lower than in the first quarter.
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