【SMM Flash News】LME aluminium stocks draw down by 2,400 tonnes on 23 July

On July 21, the ordinary aluminum ingot casting workshop of the Vietnam aluminum project department of China 15th Metallurgical Construction Co., Ltd. Third Company successfully produced the first batch of aluminum ingots. This aluminum tapping marks a phased achievement in the trial production of the casting system.

On July 19, the groundbreaking ceremony for the Kangqian Intelligent UHV flexible new-type power grid intelligent aluminum alloy precision components project was held in the Hailing High-tech Zone. The project plans to invest a total of 500 million yuan to construct 2 GIS aluminum alloy component machining production lines. Upon completion and operation, annual sales are expected to increase by 600 million yuan.

Recently, at the production workshop of Sichuan Zhongde Aluminum Co., Ltd. in Xinjin Economic Development Zone, Chengdu, Sichuan, a large 4,500-mt aluminum extrusion press worth 20 million yuan has been installed and commissioned, and is scheduled to officially start production on July 22. After the project goes online, it is expected to add an annual capacity of 20,000 mt for aluminum semis and 300,000 sets for new energy battery trays. : On July 16, the two large extrusion production lines at the Nanhai base of Guangya Holdings were officially put into production, and the first trial-produced aluminum semis were successfully produced, marking the full implementation of the high-end industrial aluminum semis capacity expansion project at Guangya Holdings.