[SMM Flash News] China Tightens Control Over Primary Aluminum Capacity; Prices Rise in Afternoon Trading

Published: May 26, 2026 21:03
Market reports indicate that China is further regulating the operation of primary aluminum capacity, leading to a reduction in excess production in parts of Guangxi. Market Performance: In the afternoon session, the SHFE aluminum contract closed up 0.53% at 24,570 yuan/ton, having earlier touched a high of 24,710 yuan/ton. Among listed companies, Chalco (China Aluminum) hit the daily price limit with a 10.01% gain, Nanshan Aluminum rose 8.81%, Yunnan Aluminum Co. gained 7.39%, and Hongqiao Holdings climbed 8.14%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Rio Tinto Q2 2026: Bauxite Down 3% YoY, Alumina Up 10% YoY, Aluminum Flat
1 hour ago
Rio Tinto Q2 2026: Bauxite Down 3% YoY, Alumina Up 10% YoY, Aluminum Flat
Read More
Rio Tinto Q2 2026: Bauxite Down 3% YoY, Alumina Up 10% YoY, Aluminum Flat
Rio Tinto Q2 2026: Bauxite Down 3% YoY, Alumina Up 10% YoY, Aluminum Flat
According to Rio Tinto's Q2 announcement, in Q2 2026, its bauxite production was 15.2 million mt, down 3% YoY and up 14% QoQ; alumina production was 2 million mt, up 10% YoY and down 2% QoQ; aluminum production was 840,000 mt, basically flat YoY and up 1% QoQ.
1 hour ago
Geopolitical Conflicts Combined with Rate Hike Slowdown, Aluminum Prices Stay Strong and Rise, yet Upside Resistance Remains [SMM Aluminum Morning Meeting Summary]
1 hour ago
Geopolitical Conflicts Combined with Rate Hike Slowdown, Aluminum Prices Stay Strong and Rise, yet Upside Resistance Remains [SMM Aluminum Morning Meeting Summary]
Read More
Geopolitical Conflicts Combined with Rate Hike Slowdown, Aluminum Prices Stay Strong and Rise, yet Upside Resistance Remains [SMM Aluminum Morning Meeting Summary]
Geopolitical Conflicts Combined with Rate Hike Slowdown, Aluminum Prices Stay Strong and Rise, yet Upside Resistance Remains [SMM Aluminum Morning Meeting Summary]
[Geopolitical Conflicts Combined with Rate Hike Slowdown: Aluminum Prices Consolidate on a Strong Note, Encountering Upside Resistance] In a comprehensive assessment, aluminum prices will maintain a pattern of consolidating on a strong note while encountering resistance in the short term.
1 hour ago
Australia, Japan, US, Alcoa to Develop Gallium Facility at Wagerup Alumina Refinery
12 hours ago
Australia, Japan, US, Alcoa to Develop Gallium Facility at Wagerup Alumina Refinery
Read More
Australia, Japan, US, Alcoa to Develop Gallium Facility at Wagerup Alumina Refinery
Australia, Japan, US, Alcoa to Develop Gallium Facility at Wagerup Alumina Refinery
[SMM Aluminum Express News] Australia, Japan, the US and Alcoa have reached a final investment decision to develop a gallium production facility at Alcoa's Wagerup alumina refinery in Western Australia. The project will recover gallium from the existing Bayer process without requiring additional bauxite mining, supporting supply diversification for the critical mineral while adding value to the refinery's existing alumina operations.
12 hours ago
Market reports indicate that China is further regulating the operation - Shanghai Metals Market (SMM)