News

[SMM Express] According to reports, Jintuo Shares' first overseas production site—Jintuo Taian (Mexico) Automotive Components Co., Ltd., located in San Luis Potosí, Mexico—has successfully initiated the trial production phase for its first die-casting equipment, achieving the successful production of the first component.

[SMM Express] According to reports, Toyota announced that its first mass-produced EV, scheduled for launch in 2026, will adopt front and rear dual integrated casting technology. Toyota initiated the integrated casting project in September 2022, installing large-scale casting machines at its Japanese plants for prototyping EV parts. The company aims to achieve a global sales target of 1.5 million EVs by 2026. As a core strategy, integrated casting technology is expected to halve production steps and reduce manufacturing equipment costs. The next-generation Lexus LF-ZC, also planned for launch in 2026, will also utilize this technology.

[SMM Express] According to reports, following BMW's first adoption of the TURBU-DURCK die-casting process for mass-producing aluminum alloy wheels on the M5 model in 2025, Mercedes-Benz also introduced the TURBUDRUCK die-casting technology for mass-producing aluminum alloy wheels on its new S-Class model launched on January 29, 2026. Relying on an AI-supported software solution for autonomous regulation and using 100% recycled materials, the technology can produce popular and high-end wheel hubs under 24 inches. Through an economical dual-plate mold solution and die-casting machines with a clamping force ranging from 1,300 to 1,800 metric tons, the production of aluminum and magnesium alloy wheel hubs can be achieved.

[SMM News] According to reports, following BMW's first adoption of the TURBU-DURCK die-casting process for mass-producing aluminum alloy wheels on the M5 car model in 2025, Mercedes-Benz also introduced TURBUDRUCK die-casting technology for mass-producing aluminum alloy wheels on its new S-Class series launched on January 29, 2026. Relying on AI-supported software solutions for autonomous control and using 100% recycled materials, the technology can produce popular and high-end wheel hubs under 24 inches. Through a cost-effective dual-plate mold solution and die-casting machines with clamping forces ranging from 1,300 to 1,800 metric tons, it is possible to manufacture aluminum alloy and magnesium alloy wheel hubs.

[SMM Express] It is reported that recently, the construction of the Phase II production workshop of Wuhu Yongda Technology Co., Ltd., located in the Lindu Intelligent Connected Vehicle Science and Technology Park in Xuzhen Town, Nanling County, Wuhu City, Anhui Province, is accelerating. It is currently in the critical final stage of equipment debugging, preparing for full production commencement in February.

[SMM Express] On February 6, 2026, Minglida Chongqing New Industrial Park was officially inaugurated, aiming to establish a core production site for lightweight precision structural components for NEVs in south-west China, further enhancing the company's regional industrial layout. The NEV magnesium-aluminum alloy precision structural component production project, invested and constructed by Minglida in Tongliang, covers a total area of 258 mu and is being implemented in two phases. The project is operated and implemented by Minglida's wholly-owned subsidiary, Chongqing Minglida Technology Co., Ltd. The first phase, utilizing 116 mu of land, involved the construction of six standardized workshops, which have been completed and put into operation. The second phase officially commenced const

[SMM Aluminum Alloy Express] The operating rate of leading enterprises in the secondary aluminum industry fell sharply by 11.4 percentage points WoW this week. As the Chinese New Year holiday approached, secondary aluminum producers began shutting down furnaces and taking holidays starting from February 5. The scope of shutdowns continued to expand during the week, with large and medium-sized aluminum plants basically entering the holiday period around the 12th. Market shipments nearly came to a halt, and the industry's production pace slowed down significantly, with the operating rate quickly pulling back to a periodic low. It is expected that after the holiday, as enterprises gradually resume production, the operating rate will rebound noticeably. However, the initial recovery pace will

[SMM Aluminum Express News] Vedanta Aluminium has scaled up billet production at its Jharsuguda facility (Odisha, India), the world's largest aluminum plant—to 830 KTPA by commissioning an additional 250 KTPA (on existing 580 KTPA). This positions it among the world's largest billet producers, enhancing value-added supply for domestic and global customers. Billets (5–12 inch diameters) feed extrusion for infrastructure, transport, renewables, electrical, consumer goods, and packaging. The company also added new 120 KTPA Primary Foundry Alloy (PFA) facility.

[SMM Aluminum Express News] Ghana's GIADEC CEO Reindorf Twumasi Ankrah stated that VALCO (Volta Aluminium Company) needs a strategic investor to overcome severe financial distress. Key details: Debt: ~$400 million Current valuation: ~$130 million Shut down: 2022–2023 due to financial issues Goal: Attract investment to restore profitability and ensure long-term sustainability The government aims to revive VALCO as part of Ghana's integrated aluminum industry development, leveraging local bauxite resources.

Overseas alumina transaction: On February 12, 2026, 30,000 mt of alumina was traded overseas at a transaction price of $311.5/mt FOB India, with a March shipment date; the previous transaction occurred on January 29 at a transaction price of $308/mt FOB India, with a February shipment date.

[SMM Aluminum Express News] Indonesia's Ministry of Cooperatives and SMEs issued Permen UMKM No. 4/2025 on verification for priority mining license areas (WIUP) for metal minerals & coal. Criteria for SMEs (UKM): 1. Small: capital >Rp1–5B or sales >Rp2–15B/yr 2. Medium: capital >Rp5–10B or sales >Rp15–50B/yr 3. Operated ≥1 year 4. Has unit for micro/small enterprise economic development program 5. Submits commitment letter 6. Implements program ≤3 yrs after IUP Aims to empower capable local SMEs in mining via OSS system verification.