Huatong Angola to Start Exporting First Batch of Locally Produced Aluminum Ingots in Late March

Published: Feb 28, 2026 17:16

Save

According to relevant reports, Huatong Angola Aluminum Company recently announced that it will officially commence the export business of the first batch of aluminum ingots produced locally in Angola starting from the end of March this year.

It is reported that the aluminum industrial park, located in the Barra do Dande area of Bengo Province, officially began operations in January this year. According to the plan, the first phase of the project is designed with an annual aluminum production capacity of 120,000 mt. The initial batch of products to be exported amounts to 20,000 mt, marking an important step for Angola in achieving industrial diversification and reducing its reliance on a single oil-based economy.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Aluminum Alloy ADC12 Market Edges Up, Driven by Rebound in Aluminum Prices

[SMM Daily Review of Aluminum Alloy] Today, the ADC12 market edged up slightly, driven by the rebound in aluminum prices. Some enterprises raised their quotations by 100–200 yuan/mt, while others chose to hold prices temporarily steady and wait due to the pace of yesterday’s price adjustments or weak demand. In terms of transactions, downstream procurement still mainly met rigid demand, the market trading atmosphere showed no obvious improvement, and demand provided insufficient momentum.

1 hour ago

3 hours ago

Cast Aluminum Alloy Inventory Falls 13,900 mt WoW Amid Widening Spot-Futures Spread and Price Cuts

[SMM Flash News] According to SMM data, cast aluminum alloy social inventory fell 13,900 mt WoW this week, with the decline widening further from last week. First, the spot-futures price spread widened, and spot traders accelerated shipments, driving a faster inventory drawdown; second, overall demand did not improve, low-price competition in the market intensified, and enterprises accelerated the pace of inventory digestion by cutting prices to compete for orders.

3 hours ago

4 hours ago

[SMM Analysis] Aluminum Processing Rates Rebound 1.1% MoM, But Lag Behind Previous Years' Peak-Season Levels

This week, the weekly operating rate of leading downstream aluminum processing enterprises in China rebounded 1.1 percentage points MoM to 64%.

4 hours ago