【SMM Aluminum Flash News】Xingren City's Aluminum Industry Sees 24.4% Growth, Boosting Local Economy

Wan'an Technology released its 2025 annual report on April 17. In 2025, the company achieved total operating revenue of 4.96 billion yuan, a year-on-year increase of 14.39%; net profit attributable to the parent company of 213 million yuan, a year-on-year increase of 15.33%; net profit excluding non-recurring items of 170 million yuan, a year-on-year increase of 21.49%; and net cash flow from operating activities of 243 million yuan, a year-on-year decrease of 5.15%.

Yili Zhongming Xixiang Aluminum Industry Co., Ltd. will be fully operational by the end of April. Since its trial operation began on April 7, it has been producing 300 square meters of aluminum single panels per day. After full operation, the daily output will reach 1,300 square meters, with an annual output of 200,000 square meters of curtain wall aluminum single panels and an estimated annual output value of 40 million yuan. This company is a subsidiary of Xinjiang Zhongming Xixiang New Materials Co., Ltd., with a total investment of 10 million yuan and leasing 4,300 square meters of standardized factory buildings in the industrial park. The company's market covers Yili Prefecture and the five Central Asian countries.

Despite rising aluminum prices, Alcoa's first-quarter earnings and revenue both missed expectations. The company reported Q1 revenue of $3.19 billion, a 5.3% year-over-year decrease, below the expected $80 million; adjusted earnings per share were $1.40, compared to the expected $1.55. In the first quarter ending March 31, the company's alumina production decreased 5% quarter-over-quarter to 2.4 million tonnes, while aluminum production remained flat at 607,000 tonnes. Third-party alumina shipments declined by 31% due to lower sales of externally sourced alumina to fulfill customer commitments, seasonally reduced shipments in the first quarter, and shipping delays in Australia. Total aluminum shipments decreased by 8%.