SHFE Cast Aluminum Alloy Warrants Rise to 30,647 MT on April 13, Jiangsu Sees 396 MT Increase

[SMM Aluminum Express News] The Ministry of Energy and Mineral Resources (ESDM) has updated the Harga Patokan Mineral (HPM) guidelines for bauxite through Kepmen No. 144.K/MB.01/MMEM.B/2026, which amends the previous regulation. New HPM Formula (in USD/WMT): HPM Biji Bauksit = [(Constant × HMA Aluminium) ± CF Al₂O₃ − CF R-SiO₂] × (1 − MC) Constant = 1.50% CF Al₂O₃: Unchanged (±1.4 USD per 1% from 47%) CF R-SiO₂: ≤ 2% = No deduction > 2% = US$3.5 deduction per 0.5% increase (capped) The changes take effect on 15 April 2026.

On April 8, 2026, the groundbreaking ceremony for the "Aluminum Precision Forging Technology Upgrade and New Production Line Expansion Project" of Haian Jinduan Industrial Co., Ltd. was successfully held. The project will construct a new intelligent factory building of approximately 5,200 square meters, fully introduce advanced production equipment and intelligent management systems, and achieve an automation level of over 80%.

Yongmaotai announced that in 2025, the company achieved operating revenue of 5.846 billion yuan, a year-on-year increase of 42.61%; net profit attributable to shareholders of the listed company was 67.5036 million yuan, a year-on-year increase of 79.96%. The double-digit growth in both operating revenue and net profit attributable to shareholders of the listed company in 2025 was mainly due to the company's proactive efforts to seize market opportunities, vigorously expand into new markets and new customers, resulting in a significant increase in production and sales volume year-on-year, the gradual release of economies of scale, and further improvement in profitability.