【SMM Aluminum Flash News】Lubei Haisheng Launches $455M Green Aluminum Project, Aiming for 1M Tons Annual Production

Published: Apr 6, 2026 14:07
On March 31, the commissioning ceremony for the green technological upgrading project of aluminum-based new materials of Shandong Lubei Haisheng Biotechnology Co., Ltd. was held at the project site. This project is a key initiative of Lubei Group to promote green industrial transformation and address key capacity gaps. Since its commencement in 2024, it has accumulated an investment of 455 million yuan. Upon full operation, the project will save 128,000 tons of standard coal equivalent in energy consumption annually, significantly improving resource utilization and further solidifying the company's foundation for an annual alumina production capacity of 1 million tons.

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
Aluminum Processing Operating Rate Rises 0.2 Points to 64.4%, Driven by Export Growth Amid Weak Recovery
8 hours ago
Aluminum Processing Operating Rate Rises 0.2 Points to 64.4%, Driven by Export Growth Amid Weak Recovery
Read More
Aluminum Processing Operating Rate Rises 0.2 Points to 64.4%, Driven by Export Growth Amid Weak Recovery
Aluminum Processing Operating Rate Rises 0.2 Points to 64.4%, Driven by Export Growth Amid Weak Recovery
Overall, the aluminum processing industry achieved a slight edge up in operating rate this week, driven by the recovery of export orders, the surge in energy storage demand, and the recovery of infrastructure-related orders. The industry maintained relatively strong resilience, and going forward, attention should be focused on the sustainability of export orders and the boosting effect of aluminum price trends on demand.
8 hours ago
Lens Technology to Acquire 27.81% Stake in Giant Int for $734M, Plans Voluntary Cash Offer
10 hours ago
Lens Technology to Acquire 27.81% Stake in Giant Int for $734M, Plans Voluntary Cash Offer
Read More
Lens Technology to Acquire 27.81% Stake in Giant Int for $734M, Plans Voluntary Cash Offer
Lens Technology to Acquire 27.81% Stake in Giant Int for $734M, Plans Voluntary Cash Offer
According to reports, Lens Technology Co., Ltd. signed a share purchase agreement with South Asia Management Limited, Zheng Liyu, Lin Meili, and other transaction parties, planning to conditionally acquire approximately 27.81% of the issued shares of Giant International Holdings Limited held by the sellers, corresponding to approximately 334 million shares, with a total transaction consideration of approximately 734 million Hong Kong yuan. According to the agreement, after the completion of this share acquisition, Lens Technology will issue a conditional voluntary general cash offer to all shareholders of Giant International in accordance with regulations, ult
10 hours ago
Raw Material Trends Diverge with Firm Costs, Aluminum Fluoride Market Remains Stable and Cautious [SMM Fluoride Salts Weekly Review]
10 hours ago
Raw Material Trends Diverge with Firm Costs, Aluminum Fluoride Market Remains Stable and Cautious [SMM Fluoride Salts Weekly Review]
Read More
Raw Material Trends Diverge with Firm Costs, Aluminum Fluoride Market Remains Stable and Cautious [SMM Fluoride Salts Weekly Review]
Raw Material Trends Diverge with Firm Costs, Aluminum Fluoride Market Remains Stable and Cautious [SMM Fluoride Salts Weekly Review]
10 hours ago