Aluminium inventory inches down as downstream stockpiles

New Aluminum Era issued an announcement stating that, according to the Business License and other relevant documents issued by the Dongguan Municipal Market Supervision Administration on August 28, 2026, as of August 31, the 100% equity of Dongguan Honglian Electronics Co., Ltd., held by Chen Wang and 19 other counterparties, has been fully transferred and registered under the company's name. The transfer of Honglian Electronics has been completed, and Honglian Electronics has become a wholly-owned subsidiary of the company. New Aluminum Era's main business is the research, development, production, and sales of aluminum alloy components for new energy vehicle battery systems, while Honglian Electronics' main business is the research, development, production, and sales of monitor brackets and bases, precision stamped parts, and structural components.

Recently, the casting production line of Mozambique (FULLYWOW ALUMINUM, LDA) successfully started operation, marking the official entry of Mozambique's modern aluminum alloy profile production base into the hot trial production stage. Located in the Moamba Special Economic Zone of Mozambique, the project represents a total investment of US$20 million, covering an area of ​​150 acres. It features a complete production line encompassing casting, extrusion, spraying, thermal insulation strip installation, and packaging. The company's main products are architectural and decorative profiles and general-purpose industrial profiles. Architectural profiles include system doors and windows, curtain wall frames, interior partitions, and decorative moldings, all with powder-coated surfaces for sun and rain protection, suitable for the African architectural environment. Industrial profiles include photovoltaic frame brackets, automated equipment racks, new energy vehicle structural components, and electronic heat dissipation profiles, characterized by high precision and excellent load-bearing capacity. The company serves a wide range of industries, including construction engineering, photovoltaic new energy, industrial automation, transportation, outdoor infrastructure, and home decoration, supplying the entire country of Mozambique and extending its reach to the entire Southern African market.

On August 31, the groundbreaking ceremony for Lixin Aluminum's annual production of 10 million precision parts project was successfully held. Officials from the "Revitalizing Luozhuang, Returning to a 100 Billion Yuan Industry" command center and the district's supervisory office attended the ceremony to oversee the project's construction and support its implementation. Located in Nantou Village, Ceshan Street, Luozhuang District, the project covers 135 acres and represents a total investment of 520 million yuan. It is a key real economy project for Luozhuang District, extending the aluminum industry value chain and developing high-end precision manufacturing, playing a significant role in promoting regional industrial transformation and upgrading. The project plans to construct eight standardized production workshops, focusing on two core production lines: high-end automotive parts and agricultural and forestry plant protection machinery parts. Simultaneously, it will be equipped with supporting public works and auxiliary facilities to build a large-scale, standardized, and intelligent production system. The project is equipped with advanced production equipment such as fully automated die-casting islands, high-precision machining centers, shot blasting machines, passivation lines, intelligent cleaning lines, and automated drying tunnels, demonstrating a high level of intelligence and automation, which will significantly improve product precision and production efficiency.