【SMM Aluminum Flash News】Aluminum Association backs ‘all-of-the-above’ supply approach

Published: Aug 28, 2026 09:23
The Aluminum Association has responded to President Donald Trump’s recent remarks that the United States “desperately needs aluminium,” with its President and CEO Charles Johnson calling for an “all-of-the-above” approach that expands both primary and recycled aluminium production while maintaining access to imported metal from reliable trading partners. Johnson said Trump was right about the need for aluminium in the US but argued that domestic production alone cannot meet current demand. “We need to build both primary and secondary capacity — coupled with smart, targeted trade enforcement — to win the future,” he said. Trump also promoted a proposed aluminium plant in Inola, Oklahoma, saying the country needed additional domestic capacity. His observations come as the US and Canada remain involved in escalating trade tensions, with 50 per cent metals tariffs becoming a major point of tension. Recent reporting has also highlighted the importance of Canadian aluminium to US supply chains.

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 for 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
【SMM Aluminum Flash News】Lizhong Group Reports 30.32% Revenue Growth in 2026 Semi-Annual Performance
7 mins ago
【SMM Aluminum Flash News】Lizhong Group Reports 30.32% Revenue Growth in 2026 Semi-Annual Performance
Read More
【SMM Aluminum Flash News】Lizhong Group Reports 30.32% Revenue Growth in 2026 Semi-Annual Performance
【SMM Aluminum Flash News】Lizhong Group Reports 30.32% Revenue Growth in 2026 Semi-Annual Performance
On August 26, Lizhong Group released its 2026 semi-annual performance report. The report shows that the company achieved operating revenue of RMB 18.822 billion, a year-on-year increase of 30.32%; net profit attributable to shareholders of the listed company was RMB 577 million, a year-on-year increase of 43.81%. During the reporting period, the company's three main businesses developed synergistically, with each segment achieving growth in production, sales, and revenue. Specifically, the recycled aluminum alloy casting segment achieved operating revenue of RMB 11.093 billion, a year-on-year increase of 35.16%; the aluminum alloy wheel segment achieved operating revenue of RMB 6.236 billion, a year-on-year increase of 25.49%; and the aluminum-based functional intermediate alloy segment achieved operating revenue of RMB 1.492 billion, a year-on-year increase of 17.87%.
7 mins ago
【SMM Aluminum Flash News】Yinbang Co. Reports 49.10% Revenue Growth and 95.08% Profit Increase in H1 2026
8 mins ago
【SMM Aluminum Flash News】Yinbang Co. Reports 49.10% Revenue Growth and 95.08% Profit Increase in H1 2026
Read More
【SMM Aluminum Flash News】Yinbang Co. Reports 49.10% Revenue Growth and 95.08% Profit Increase in H1 2026
【SMM Aluminum Flash News】Yinbang Co. Reports 49.10% Revenue Growth and 95.08% Profit Increase in H1 2026
Yinbang Co., Ltd. disclosed its semi-annual report on August 27. In the first half of 2026, the company achieved total operating revenue of 4.27 billion yuan, a year-on-year increase of 49.10%; and net profit attributable to shareholders of the listed company was 88.538 million yuan, a year-on-year increase of 95.08%. During the reporting period, the company's main product output increased, and its market share continued to consolidate and expand.
8 mins ago
【SMM Aluminum Flash News】Yongjie New Materials Reports 18.05% Revenue Growth in 2026 Semi-Annual Report
10 mins ago
【SMM Aluminum Flash News】Yongjie New Materials Reports 18.05% Revenue Growth in 2026 Semi-Annual Report
Read More
【SMM Aluminum Flash News】Yongjie New Materials Reports 18.05% Revenue Growth in 2026 Semi-Annual Report
【SMM Aluminum Flash News】Yongjie New Materials Reports 18.05% Revenue Growth in 2026 Semi-Annual Report
On August 26, Yongjie New Materials released its 2026 semi-annual report. During the reporting period, the company achieved operating revenue of 5.225 billion yuan, a year-on-year increase of 18.05%, and net profit attributable to the parent company of 514 million yuan, a year-on-year increase of 176.65%; net profit excluding non-recurring items was 247 million yuan, a year-on-year increase of 31.12%. The steady growth in net profit excluding non-recurring items stemmed from the company's focus on its main business, continuous optimization of its product structure, and promotion of internal operational efficiency improvement, which strengthened its core profitability. The significant surge in net profit and total profit was compounded by the positive factor of the completion and consolidation of the major asset restructuring in this period.
10 mins ago
The Aluminum Association has responded to President Donald Trump’s rec - Shanghai Metals Market (SMM)