Primary aluminium inventories shrank 43,000 mt on week

Recently, at the construction site of the project of Hengtong New Energy Smart Grid (Sichuan) Co., Ltd. (Hengtong's annual production project of 120,000 tons of UHV transmission conductors and equipment) located in Yuanjiaba Aluminum Industrial Park, Guangyuan Economic and Technological Development Zone, tower cranes stand everywhere and all work is progressing in an orderly manner. The project covers an area of 150 mu and is mainly engaged in the R & D and production of aluminum-based special alloy wires and special conductors. It officially started construction in September 2025. As of now, 60% of the main structure construction of the project has been completed, 20% and 40% of the interior wall panels and the inner layer of the roof enclosure have been completed respectively. The constr

Recently, at the construction site of Hengtong Xinneng Zhinang (Sichuan) Co., Ltd. project (Hengtong Annual Output of 120,000 mt Ultra-High Voltage Transmission Conductors and Equipment Project) located in the Yuanjiaba Aluminum Industrial Park of Guangyuan Economic and Technological Development Zone, tower cranes stood in clusters, and various tasks were progressing in an orderly manner. The project covers an area of 150 mu and primarily engages in the R&D and production of aluminum-based special alloy wires and special conductors. It officially commenced construction in September 2025. As of now, 60% of the main structural work has been completed, with interior wall panels and roof inner layer sealing reaching 20% and 40% completion respectively. Efforts are currently focused on advancing equipment foundation construction. Trial production is expected to begin in May this year, and the overall project is projected to be fully completed by December.

The U.S. side declared that if Canada reaches a new trade agreement with China, it will impose tariffs of up to 100% on goods imported from Canada. In response, Foreign Ministry spokesperson Guo Jiakun stated that China and Canada are committed to building a new-type strategic partnership and have reached a series of specific arrangements to properly handle economic and trade issues between the two countries. These measures are not targeted at any third party.