Aluminum Alloy Futures Rise 0.52%, Spot Prices Drop Amid Weak Supply and Demand

On May 24th, the 1.4 million-ton green and low-carbon energy efficiency improvement project for electrolytic aluminum at Tianshan Aluminum, undertaken by the Seventh Metallurgical Installation Company of Guizhou Construction Investment Group, successfully achieved its first power-on milestone. All operational indicators were excellent and met all standards, marking a significant milestone in the project's commissioning. Located in the Xinjiang Uygur Autonomous Region, the project's Seventh Metallurgical Installation Company was primarily responsible for core construction tasks, including civil engineering of the electrolytic workshop, flue gas purification area engineering, electrical installation of the electrolytic workshop, and electrolytic cell fabrication and installation.

Recently, a 50,000-ton-per-year aluminum foil cold-rolling project, invested by Sichuan Jixinhua Innovative Materials Technology Co., Ltd. and constructed by Guangyuan Deyou Construction Engineering Co., Ltd., officially commenced construction in the Yuanjiaba Aluminum Industrial Park of Guangyuan Economic and Technological Development Zone. The project, with a total investment of 180 million yuan and covering approximately 40 mu (about 6.6 hectares), plans to purchase major production equipment such as aluminum melting furnaces and casting and rolling mills, and construct supporting auxiliary and environmental protection facilities, building two aluminum foil production lines. The construction period is from April 2026 to February 2027, a total of 10 months.

Recently, Kunming High-tech Zone and Yunnan Jiayuan Metal Materials Co., Ltd. officially signed an agreement to successfully introduce a copper-aluminum wire drawing production project. The project has a total investment of 10 million yuan and its products cover core materials needed for cable manufacturing, including copper-aluminum monofilaments, copper alloy/aluminum alloy monofilaments, and stranded conductors. It is expected to generate an annual output value of over 500 million yuan after production begins. This copper-aluminum wire drawing production project will be located at the Majinpu production base of Yunnan Duobao Cable Group Co., Ltd., a leading enterprise in the industrial chain within the zone.