Hao Mei New Material to Invest Up to 510M Yuan in Morocco Aluminum Profile Plant

Published: Apr 26, 2026 22:54

Save

On April 26, Hao Mei New Material announced that in order to improve its global layout, the company plans to invest in establishing a subsidiary in Morocco and building a new aluminum profile production base with its Hong Kong subsidiary Hao Mei Aluminum Products as the investment entity. The total investment of this project is not more than 510 million yuan, and the source of funds is self-owned and self-raised funds, mainly used for land purchase, factory construction and operating working capital. After the completion of the project, it is expected to form a production capacity of about 44,000 tons of aluminum profiles per year, covering the light weight of automobiles, building and industrial aluminum profiles. The matter has been deliberated and approved by the Sixth Meeting of the Fi

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

May 15, 2026 19:04

Weekly Liquid Aluminum Proportion Rises by 0.12 Pct Points

[SMM Aluminum News Flash] According to SMM data, the weekly proportion of liquid aluminum increased by 0.12 percentage points WoW this week.

May 15, 2026 19:04

May 15, 2026 18:59

Domestic Ports See 840,000 MT Rise in Bauxite Inventory

【SMM Port Inventory of Imported Bauxite】According to SMM's statistics on May 15, the total bauxite inventory at ten domestic ports increased by 840,000 mt from the previous week.

May 15, 2026 18:59

May 15, 2026 17:47

LME Aluminum Inventory Falls 0.72% to 344,000 MT on May 15, Down 12.64% Over Past Month

[SMM Aluminum News Flash] On May 15, LME aluminum inventory was recorded at 344,000 mt, down 2,500 mt from the previous day, a decrease of 0.72%. Over the past week, LME aluminum inventory decreased by a cumulative 11,800 mt, a decline of 3.31%. Over the past month, LME aluminum inventory decreased by a cumulative 49,800 mt, a decline of 12.64%.

May 15, 2026 17:47