[SMM Aluminum Flash News] Libya’s Aluminum Scrap Exports to Brazil Surge Amid Trade Shift

[SMM Aluminum Express News] Hillsdale Investment Management increased its position in Kaiser Aluminum, purchasing an additional 471 shares and bringing its total holdings to 10,188 shares valued at approximately US$1.17 million. The move reflects continued institutional investor interest in Kaiser Aluminum, which supplies value-added aluminium products to the aerospace, automotive, packaging, and industrial sectors.

According to SMM statistics, during the period of 5.25-5.31, aluminum ingot warehouse withdrawals in China totaled 135,100 mt, a decrease of 4,800 mt from the previous week.

Rio Tinto announced that it had officially commenced commissioning of its $1.5 billion low-carbon aluminum smelter expansion project located in Quebec, Canada. The mining giant expected that the project would be fully operational by the end of this year, with all 96 new electrolysis pots at Complexe Arvida up and running by then. Upon completion, the smelter's annual primary aluminum capacity would increase by approximately 160,000 mt, and total aluminum production using low-carbon AP60 smelting technology would reach 220,000 mt. The AP60 expansion project would provide strong support for ELYSIS — a joint venture co-founded by Rio Tinto and Alcoa — in its transition toward carbon-free aluminum electrolysis technology.