ab 6 July 2026 Global Research China Aluminum Sector Excessive pessimism creates opportunities to accumulate China: aluminium capacity limit intact; valuation reset creates opportunities China's 2017 supply-side reforms capped approved nameplate aluminium capacity at 45.43mt. While record margins have driven modest overproduction via potline upgrades, deferred maintenance and parallel production, we expect output to rise to 45.6mt in 2026E and 46.0mt in 2027E (vs. 44.5mt in 2025), slightly above nameplate c ...