[SMN Flash News] RTA first Q3 '26 CIF MJP Premium Offer at US$460/mt

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%.

On May 24th, the 1.4 million-ton green and low-carbon energy efficiency improvement project for electrolytic aluminum at Tianshan Aluminum, undertaken by the Seventh Metallurgical Installation Company of Guizhou Construction Investment Group, successfully achieved its first power-on milestone. All operational indicators were excellent and met all standards, marking a significant milestone in the project's commissioning. Located in the Xinjiang Uygur Autonomous Region, the project's Seventh Metallurgical Installation Company was primarily responsible for core construction tasks, including civil engineering of the electrolytic workshop, flue gas purification area engineering, electrical installation of the electrolytic workshop, and electrolytic cell fabrication and installation.

Recently, a 50,000-ton-per-year aluminum foil cold-rolling project, invested by Sichuan Jixinhua Innovative Materials Technology Co., Ltd. and constructed by Guangyuan Deyou Construction Engineering Co., Ltd., officially commenced construction in the Yuanjiaba Aluminum Industrial Park of Guangyuan Economic and Technological Development Zone. The project, with a total investment of 180 million yuan and covering approximately 40 mu (about 6.6 hectares), plans to purchase major production equipment such as aluminum melting furnaces and casting and rolling mills, and construct supporting auxiliary and environmental protection facilities, building two aluminum foil production lines. The construction period is from April 2026 to February 2027, a total of 10 months.