Spot Discounts Shrink Sharply in East China Aluminum Market, SMM Reports

Anhui Haoyuan Aluminum Technology Co., Ltd. plans to construct the "Annual Output of 100kt Aluminum-based Materials and Deep Processing Technical Renovation Project," which is currently in the pre-approval public announcement stage for the environmental impact report and public participation explanation.

South32 Ltd. (S32.AU) will sell aluminum assets to Alcoa, in a deal valued at up to $5.6 billion.

On the morning of June 30, the 20,000 mt aluminum foil capacity expansion project of Luoyang Wanji Aluminum Processing Co., Ltd. reached a key construction period. The No. 5 and No. 6 aluminum foil rolling mills successfully completed strip threading and trial runs, with all equipment operating parameters stable and commissioning results meeting standards, marking the project’s official entry into the trial production stage. The project involves a total investment of about 200 million yuan and is equipped with two 2,000 mm four-high aluminum foil rolling mills, two 2,000 mm vertical slitting machines, one intelligent digital roll grinder, ten aluminum foil annealing furnaces, and a complete full-oil recovery system, among other intelligent supporting equipment. The overall software and hardware configuration fully achieves digital and intelligent upgrades. After completion and reaching full production, the project will add 20,000 mt per year of high-end aluminum foil capacity, bringing the company’s total aluminum foil capacity to over 50,000 mt.