[Sn Price] SMM Tin Market Morning Review (2015-8-4)

On March 11, Tianjin Xiangyu Aluminum Co., Ltd., a subsidiary of Liaoning Xiangyu Aluminum Co., Ltd., officially signed a strategic cooperation agreement with Beijing Jiu Tian Xing Ge Aerospace Technology Co., Ltd. Feng Yao, Deputy Secretary of the Party Committee and General Manager of Liaoning Xiangyu Aluminum Co., Ltd. and Chairman of Tianjin Xiangyu Aluminum Co., Ltd., and Wang Zhifeng, Chairman of Beijing Jiu Tian Xing Ge Aerospace Technology Co., Ltd., signed the agreement on behalf of the two parties, respectively. As a leading enterprise in the manufacturing of core components for China’s commercial aerospace sector, Jiu Tian Xing Ge focuses on the R&D and production of key components such as rocket propellant tanks and rocket body structures.

Recently, at the alumina project site of the Guinea Aluminum Development Project (Phase II), as the inlet valve of the CMST oil depot was successfully opened following BV inspection, three brand-new 60,000-liter diesel storage tanks were officially put into use, marking a key breakthrough in the project’s capacity for independent energy security. Since construction of the alumina project under the Guinea Aluminum Development Project (Phase II) began in October 2025, unstable diesel supply had become a critical bottleneck constraining faster progress in project construction. In the face of severe challenges, the Guinea company regarded diesel as a “survival resource,” elevated supply security to a strategic priority, acted swiftly and proactively。

Recently, the China Nonferrous Metals Industry Association (CNIA) officially announced the results of the 2025 credit rating evaluation for enterprises in the nonferrous metals industry. Qinghai Provincial Investment Western Hydropower Company was successfully awarded the industry title of "AAA Credit Enterprise." This rating represents the highest honor in industry credit evaluation and signifies that the enterprise’s achievements in credit development have received authoritative recognition. Next, Western Hydropower Company will take this award as an opportunity to continue deepening the development of its credit system, strengthen compliance management and risk prevention and control, and continuously enhance its corporate governance capabilities.