Inalum CEO Optimistic on Indonesia's 2030 Aluminium Self-Sufficiency, Boosting FX Reserves

[SMM Aluminum Alloy Daily Report] Futures side, the most-traded aluminum alloy 2604 contract opened at the day's low of 22,275 yuan/mt, and the futures rose steadily, hitting a high of 22,740 yuan/mt during the session. In the afternoon, prices pulled back from the highs, but the overall decline was limited, with prices remaining above the moving average. Spot side, secondary aluminum market quotations were mostly stable, with the SMM ADC12 price holding at 23,750 yuan/mt. Downstream inquiries and actual transactions recovered today, but the overall trading atmosphere remained cautious, and market sentiment was relatively mediocre.

Formosa Springs, the renowned Canadian mineral water brand, has relaunched under new ownership, with a major focus on expanding its aluminium can production. The company estimates its aluminium packaging capacity could reach up to 100 million cans annually, alongside its existing glass bottling operations.

For the full year, Century generated net sales of USD 2.53 billion, up 13.96 per cent from approximately USD 2.22 billion in 2024. Higher realised aluminium prices and stronger regional premiums helped offset weaker shipment volumes. On revenue alone, the year suggested steady footing. For the full year 2025, shipments of primary aluminum decreased by 5%. The company shipped 647,112 tonnes in 2025 compared to 677,967 tonnes in 2024. Reported net income attributable to Century stockholders came in at USD 41.8 million — a USD 295 million decline from the prior year (USD 336.8 million in 2024). Strip away those one-offs, and the picture shifts. Adjusted net income reached USD 253.8 million, more than doubling from USD 101.4 million in 2024. Adjusted EBITDA climbed to USD 425.1 million.