Bairin Right Banner and Ningbang Supply Chain Sign $1.25B Investment Deal for Aluminum Project

SMM tracking feedback: The 7.7-magnitude earthquake on Flores Island, Indonesia, had a relatively small impact on the aluminum industry chain. In terms of capacity distribution, bauxite, alumina, and the vast majority of aluminum capacity are concentrated in western Indonesia, generally more than 1,400 km from the epicenter; even the closest aluminum smelter—Sulawesi Morowali Huachin Aluminum—was approximately 624 km away, still outside the 300 km damage radius. Coupled with a tsunami wave height of less than 0.4 meters, the actual supply shock was virtually zero. On the pricing front, it may at most show a short-term sentiment pulse of 0–1%, which is expected to be unwound within 1–3 days, without changing the medium-term trend.

According to Philippine media reports on the 12th, the Philippine Department of Trade and Industry (DTI) was planning to push for the establishment of a mandatory certification program for aluminum products that requires local and foreign manufacturing enterprises in the Philippines to obtain official Philippine quality and safety permits in advance and adopts a "one plant, one certificate" certification approach.

On August 8, construction started on Jiangsu Dingchen's project with an annual output of 30,000 mt of enameled copper wire and aluminum wire. The project will construct an R&D office complex of more than 6,000 m² and production workshops and ancillary buildings of more than 8,000 m², and add multiple intelligent production lines for enameled round and flat wire.