Anda Co., Ltd. Is Expected to Appear Before the Beijing Stock Exchange Listing Committee

[SMM Aluminum Express News] PLN Indonesia Power (PLN IP) has announced plans to develop 268 power plant projects under the RUPTL 2025–2034, with a total additional capacity of 30,276.2 MW (30.2 GW). The projects will be spread across all regions of Indonesia to support equitable energy infrastructure and strengthen national energy security. PLN IP CEO Bernadus Sudarmanta emphasized that the success of this program depends heavily on collaboration with various strategic partners, both domestic and foreign. “We are open to broad cooperation to accelerate the realization of these projects. Collaboration is the key to delivering a reliable, sustainable electricity system that supports national economic growth,” he said.

[SMM Aluminum Express News] Guinea, the world’s largest bauxite producer, is in discussions with miners to introduce controls on the volume of bauxite ore supplied to the market in order to protect prices. Mines and Geology Minister Bouna Sylla said the government is considering measures to regulate bauxite production and prevent a sharp price slump, which would hurt company revenues and government tax income. If implemented, Guinea would join the Democratic Republic of Congo and Zimbabwe in restricting exports of key minerals, most of which are currently destined for China.

[Macro Pressures Combined With High Inventory, SHFE Aluminum Remained Under Pressure at Elevated Levels in the Short Term] Continued destocking in LME inventory provided bottom support for LME aluminum, but amid tightening fund liquidity and profit-taking by bulls, upward momentum was insufficient, and the backwardation structure weakened somewhat. In China, social inventory rose to a high for the same period in nearly five years, and the inventory buildup cycle had not ended. High inventory and weak spot fundamentals jointly weighed on upward momentum. The divergence between domestic and overseas drivers continued, the SHFE/LME price ratio kept weakening, and SHFE aluminum fell below the key threshold of 25,000 yuan/mt, remaining mainly under pressure at elevated levels in the short term.