Guinea Exports 20.26M Tons of Bauxite, 46,764 Tons of Alumina in Jan 2026; SMB Leads with 6.57M Tons

Recently, in the production workshop of Sichuan Zhongde Aluminum Industry Co., Ltd., located in the Chengdu Xinjin Economic Development Zone, a costly 4500-mt large aluminum semis extrusion press worth 20 million yuan was successfully installed and commissioned, and officially commenced operations on July 22. The commissioning of this equipment marks a major leap in the company's aluminum semis processing capability, and is expected to add an annual capacity of 20,000 mt of aluminum semis, while also enabling the production of 300,000 sets of new energy battery trays.

[Strait Blockade Threat Escalates, Aluminum Prices Remain in Consolidation and Wait-and-See Mode] According to comprehensive predictions, the situation in the Middle East remains volatile, market concerns about interest rate hikes persist, supply continues to recover, but the destocking trend is difficult to reverse in the short term. Amid the tug-of-war between longs and shorts, aluminum prices are expected to consolidate and adjust in the near term. Going forward, close attention should be paid to the progress of production resumptions and the trend of geopolitical conflicts in the Middle East, LME aluminum ingot inventory changes, and downstream processing orders in China.