【SMM Aluminum Flash News】Anda Shares' IPO on the Beijing Stock Exchange will be reviewed on March 20.

SAGA Metals will acquire the Wolverine rare earth project in Labrador, Canada, gaining full ownership of the asset. The project covers over 230 sq. km and hosts near-surface mineralization with bastnäsite, monazite and allanite, with mid-20% heavy rare earth share. Early drilling shows grades above 1% TREO in some areas, indicating development potential. The deal includes 4.25 million shares and USD 1 million in cash, with additional milestone payments. The company said the move will expand its portfolio and support supply chain needs in energy and defence sectors.

According to foreign media reports, Novelis has renewed its cooperation agreement with Infinitum, Norway's beverage container deposit refund system. This agreement aims to ensure that all aluminum beverage cans used in Norway are efficiently collected, recycled, and reintegrated into the production cycle. Through this cooperation, aluminum collected by Infinitum's recycling facilities in Norway is transported to Novelis' recycling plant in Latchford, UK, where it will be processed into new aluminum can sheets.

The US auto assembly annual rate fell from 10.4 million units in February to 9.98 million units in March.arch.