Company Advances Acquisition of Aluminum Mining Rights, Confirms Rich Bauxite and Gallium Resources

[SMM Aluminum Flash News] The Guangxi Qiangqiang Carbon-Based New Materials prebaked anode project, with an annual capacity of 600,000 mt, officially commenced construction in April 2025 and is expected to begin trial production in July 2026. The first calcining furnace is estimated to start production by the end of March; the roasting furnace is expected to start production by the end of May, with the forming workshop producing the first green anode, marking the project’s full integration; and the first baked anode is expected to be produced by the end of July.

According to Alba’s official website on March 15, Alba has initiated a controlled and safe shutdown of Production Lines 1, 2, and 3, involving capacity equivalent to 19% of its total capacity of 1.623 million mt, with the aim of optimizing the utilization of Alba’s existing raw material inventory and prioritizing the operational stability of Production Lines 4, 5, and 6.

[SMM Aluminum Express News] Indonesia's Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, held a bilateral meeting with Japan's Minister of Economy, Trade and Industry (METI), Ryosei Akazawa, on the sidelines of the Indo Pacific Energy Security Ministerial and Business Forum (IPEM) in Tokyo, Japan, March 15, 2026. A key outcome was the signing of a Memorandum of Cooperation in two strategic areas: 1. Critical minerals (focusing on secure, sustainable supply chains for nickel, bauxite, lithium, rare earths, and others essential for batteries, EVs, and green tech). 2. Nuclear energy (covering technology transfer, human resource development, safety standards, regulatory alignment, and potential collaboration on small modular reactors or other advanced nuclear solutions).