China's Secondary Aluminum Alloy Ingot Inventory Rises 36 mt to 30,600 mt

[SMM Aluminum Express News] Canyon Resources is advancing its Minim Martap bauxite project in Cameroon with integrated mine-to-port logistics ahead of first production in late 2026. The company has increased stakes in Camrail (26.9%) and the Port of Douala operator (42.8%) to secure rail and export capacity. Trial mining began in April 2026, with rail, port, and rolling stock commissioning underway. First bauxite shipment is targeted for late September 2026, while offtake talks and a potential alumina refinery study (due Q3 2026) are ongoing. The project targets high-grade bauxite averaging ~51% alumina and ~2% silica.

[SMM Aluminum Express News] Century Aluminum reported Q1 2026 results with net sales of $649.2M, net income of $337.5M, and adjusted EBITDA of $231.4M. Net income included one-time gains from the Hawesville asset sale and insurance compensation related to the Iceland equipment failure. Liquidity stood at $611M as of March-end. The company expects Q2 adjusted EBITDA of $315–335M, supported by higher aluminum prices and ramp-up at Mt. Holly.

[SMM Aluminum Express News] Rio Tinto reported Q1 2026 aluminum output of 835,000 tons (+1% YoY), supported by stronger alumina production despite lower bauxite due to weather disruptions in Australia, including Tropical Cyclone Narelle impacts. The company also highlighted tighter global aluminum supply as the Middle East conflict removes ex-China output, contributing to a more pronounced market deficit outlook for 2026. Operationally, alumina strengthened after full ownership of Queensland Alumina Limited, while Kitimat ramped up in Canada, NZAS remained stable, and the AP60 project achieved first hot metal.