[SMM News Flash] EU to Propose Lowering Energy Taxes to Offset Rising Oil and Natural Gas Prices

In response to investor questions on the interactive platform, Diantou Energy stated that the Phase II Zaluminum project under the company is carrying out production work in an orderly manner as planned and is expected to achieve full-capacity commissioning in June 2026.

[SMM Cast Aluminum Alloy Morning Comment: Demand Suppression and Cost Support, ADC12 Prices Move Sideways] On Monday, the ADC12 market was generally stable with slight rise. Most enterprises, influenced by the rebound in aluminum futures and rising aluminum scrap raw material costs, raised their quotes by 100 yuan/mt accordingly.

Longyuan Shares stated that its new energy business focuses on the field of NEV electronic control system and electric drive system parts, with core products including electronic control system OBC housings, onboard power supply integrated product housings, and end covers. To further deepen and strengthen its presence in the new energy market, Longyuan Shares plans to raise funds and channel them primarily into the new energy three electric systems (power battery, drive motor and electronic control system) and lightweight automobile parts production project (Phase II). The project is expected to require an investment of 329 million yuan, and upon completion, it will add an annual capacity of 14.2 million aluminum alloy die-cast parts.