HSCM Bermuda Acquires Controlling Stake in First Bauxite, Aiming to Advance Guyana Projects

New Zealand aluminum beverage can manufacturer Recorp has now officially entered the Australian market, relying on its 16,000 m² manufacturing plant in Manukau, South Auckland, to provide various can types for local beverage brands. The plant had a total investment of NZ$115 million, officially started production in November 2024, and has an annual capacity of approximately 550 million cans. The production line can operate at a maximum speed of 1,850 cans per minute, and is equipped with eight can body formers, two sets of decorating equipment, and specialized devices for quick changeovers between different can heights and diameters. Recorp takes flexible production capacity, low minimum order quantities, and high secondary aluminum content as its core competitive advantages, precisely targeting the Australian beverage brand market.

[China Aluminum Extrusion Exports Data in July] According to customs data, China's total aluminum extrusion exports in July 2026 were 89,800 mt, down 2.4% MoM and up 6.6% YoY. From January to July 2026, China's aluminum extrusion exports totaled 537,100 mt, up 8.6% YoY on a cumulative basis. The top five destinations were Nigeria (7,700 mt), Malaysia (7,600 mt), Vietnam (5,600 mt), Israel (5,200 mt), and Australia (4,500 mt). HS codes: 76041010, 76041090, 76042100, 76042910, 76042990.

Yinxing Energy (000862.SZ) announced that the company intends to invest in the construction of a distributed PV power station with a capacity of not less than 12.9487MWp at the plant area of Guangxi Branch of Aluminum Corporation of China, a related party, with a total investment of 37.35 million yuan, and sign the "Energy Management Contract for Distributed PV Power Generation Project". The project's equity capital accounts for 40%, with the remainder to be financed through bank loans; the after-tax financial internal rate of return is not less than 6.5%, the agreed electricity price is 0.42037 yuan/kWh, and the energy-saving benefit sharing period is 25 years. This transaction constitutes a related party transaction, which has been reviewed and approved by the board of directors and independent directors, and does not need to be submitted to the shareholders' meeting for review.