News

Exclusive analysis article with latest market updates, and in-time news feeds.

Latest News

Baota Mountain Converter Station's AC System Energized, Marking Key Milestone in UHV Project
On February 5, the AC system of the Baota Mountain Converter Station, the sending - end station of the ±800 kV North Shaanxi - Anhui UHV DC power transmission project, was successfully energized for the first time. This marks that the AC system of the converter station has entered the startup commissioning stage, and the entire AC system of the project is expected to be put into operation before the Spring Festival. It is reported that the rated voltage of the North Shaanxi - Anhui UHV project is ±800 kV, with a rated capacity of 8 million kilowatts, and a dynamic investment of 20.5 billion yuan. The project starts from the Baota Mountain Converter Station in Yan'an City, Shaanxi Province, and ends at the Hezhou Converter Station in Hefei City, Anhui Province. It passes through three provi
Feb 14, 2026 20:23
World's First Multi-Source DC Project in Jiangsu Completes Phase II, Boosts Cross-River Power Transmission
On February 12, the second - phase project of the ±200 kV DC power transmission project from Yangzhou to Zhenjiang in Jiangsu, which is the world's first multi - source commutated DC power transmission project and China's first AC - DC hybrid cross - river project, was completed and put into operation. The project's transmission line is about 228 kilometers long, with a transmission capacity of 1.2 million kilowatts. It passes through three cities (Huai'an, Yangzhou, and Zhenjiang) and seven counties. Among them, a 47 - kilometer new - built DC transmission line is erected on the same tower as the 500 kV AC line, and two new converter stations are built. Without adding a new cross - Yangtze - River power transmission channel, the original cross - river power transmission capacity has been
Feb 14, 2026 20:21
Shaanxi Boosts Power Capacity to 127GW, Invests in Grid and Renewable Energy Growth
It is learned that Shaanxi Province's power generation installed capacity has increased from 72.75 million kilowatts in 2020 to 127 million kilowatts in 2025, with the installed capacity of renewable energy growing by about 2.7 times. Meanwhile, the province has invested a total of 120 billion yuan to strengthen the power grid and expand transmission channels, making the power grid more robust and reliable. Statistics show that during the 14th Five-Year Plan period, Shaanxi put into operation over 10 million kilowatts of clean and efficient coal-fired power generation capacity, and the scale of coal-fired power projects under construction that meet regulations reached a record high for the same period. The total scale of coal-fired power plants undergoing energy-saving and carbon-reduction
Feb 14, 2026 20:20
Nanchang's 1000-kV UHV Substation Expansion 40% Complete, Set for September Launch
On February 4, the main transformer expansion project of the 1000-kilovolt UHV substation in Nanchang has currently completed 40% of the total project volume, and both the equipment foundation pouring and the overhead framework hoisting operations are nearing completion. After the Spring Festival, equipment installation and commissioning work will be fully carried out to ensure the project is successfully completed and put into use in September this year. It is reported that this project is a key UHV main transformer project in Jiangxi Province's 14th Five-Year Plan. The construction scope includes adding one set of 3000 MVA main transformers, one set of 1000-kV switches, four sets of 500-kV switches, and four sets of low-voltage reactive power compensation devices, etc. The total project
Feb 14, 2026 20:18
Zambia Suspends Mopani Copper Mine Operations Over Safety Concerns
Zambia’s mining regulator said it had suspended operations at Mopani Copper Mines’ Mufulira mine after it failed to account for all its underground stuff.
Feb 14, 2026 10:40
[SMM Analysis] China Accelerates the Construction of a Peripheral Copper Resource Supply Belt
[SMM Analysis: Key Anchor in Great Power Rivalry: The U.S. "Project Vault" and the Changing Resource Landscape in Latin America] Amid the current accelerated reshaping of the global resource competition landscape, China's copper concentrate import pattern is undergoing a profound structural transformation. The latest trade data from 2025 clearly outlines this trend: China is significantly enhancing its capacity to acquire copper concentrate resources from neighboring countries.
Feb 14, 2026 10:30
SMM Chinese New Year Holiday Price Update Notice
As the Chinese New Year holiday is around the corner, Shanghai Metals Market (SMM) hereby informs you of our metal price update arrangement during the holiday period to ensure you can make proper arrangements for your work and business.
Feb 14, 2026 09:19
Egypt Aluminum Invests €19M in Cold Rolling Line Upgrade with Italian Firm Mino
According to foreign media: Recently, Egypt Aluminum signed a contract with Italian aluminum rolling equipment manufacturer Mino to carry out upgrades. Egypt Aluminum has invested 19 million euros to upgrade its cold rolling production line. This is a step in Egypt Aluminum's ambitious development plan: to enhance competitiveness, support the national industry, and implement new high-value-added projects. The company signed a contract with Italian aluminum rolling equipment manufacturer Mino to implement the upgrades. The contract period is 27 months and will improve the efficiency of the cold rolling line, which is a key step to extending its service life and ensuring the required thickness and specifications for the planned foil plant.
Feb 13, 2026 23:22
Alpha HPA Breaks Ground on World's Largest Ultra-High-Purity Alumina Refinery in Australia
Australia's Alpha HPA has broken ground on the second phase of what is planned to be the world's largest single-site ultra-high-purity alumina refinery. Located on a 10-hectare site in Gladstone, Australia, the project will utilize proprietary licensed solvent extraction and refining technology to produce alumina products with purity levels as high as 99.99% in commercial quantities, supplying critical raw materials for global industries such as lithium batteries, LED lighting, and semiconductor manufacturing. It is reported that the second phase will build upon the established first-phase operations. The company's initial facilities, already housed in a smaller building at the site, have been producing a range of high-purity alumina and aluminum products on a scaled basis.
Feb 13, 2026 23:21
Erxing Auto Parts Advances 1M Chassis Systems Project, Boosting Yangtze Delta Auto Industry
Recently, Hangzhou Erxing Auto Parts Co., Ltd. (hereinafter referred to as "Erxing Auto Parts") entered the pre-approval publicity stage for its annual production project of 1 million automotive chassis systems, marking a critical phase in the company's transformation and upgrading in the automotive parts manufacturing sector. This project is expected to inject new momentum into the development of the Yangtze River Delta automotive industry cluster. The announcement indicated that the project had successfully completed the approval process and entered the pre-approval publicity stage of the Hangzhou Municipal Bureau of Planning and Natural Resources in February 2026. It is scheduled to commence construction in Q1 2026 and be completed and put into operation in Q1 2028.
Feb 13, 2026 23:20
Sichuan Yibin and Anhui Jinyu Sign $1B Deal for High-Performance Battery Aluminum Foil Project
Recently, the signing ceremony for the high-performance battery aluminum foil project between Sichuan Yibin Sanjiang New Area and Anhui Jinyu Co., Ltd. was held. It is reported that Anhui Jinyu Materials Co., Ltd. specializes in the R&D and processing of aluminum series alloy materials. The company currently operates two entities—Tongling Jinyu Aluminum-Based New Materials Company and Anhui Jinyu Materials Co., Ltd.—with three factory sites spanning nearly 500 acres and employing approximately 1,200 staff. Its main products include air conditioner aluminum foil and new energy battery aluminum foil.
Feb 13, 2026 23:19
Xinjiang's Gobi Desert Emerges as Major Green Aluminum Hub with 5.143 Billion Yuan Investment
After the Start of Spring, in the Luotuoquanzi Industrial Park of Xinxing Development Zone in Xinjiang, red factory buildings stand on the Gobi Desert like desert camels. In the dawn, 360 600KA electrolytic cells were successfully powered up and began operating, with molten aluminum surging like lava. This hot land is rapidly emerging as the largest green aluminum production base in Northwest China, injecting low-carbon vitality into the transformation of energy-intensive industries. The project has a total investment of 5.143 billion yuan and is expected to construct an annual production line of 580,000 mt of aluminum, along with a full set of supporting facilities.
Feb 13, 2026 23:19
Chalco Green Materials' Yunnan Project Achieves Milestone with New Production Line Launch
Recently, the No. 3 production line of Chalco Green Materials' Zhaotong, Yunnan 400kt aluminum alloy flat ingot project was put into operation, successfully casting a 5.3-meter-long flat ingot. This marks a significant progress in the deep collaboration between green aluminum smelting and high-end material manufacturing within the Chalco Group.
Feb 13, 2026 23:11
US Aluminum Tariffs Disrupt Imports, Arconic Shifts to Spot Purchasing Amid Supply Shortage
Due to disruptions from US aluminum tariffs, imports have been hindered and domestic supply is tight, prompting the company to shift from long-term contracts to spot purchasing. Arconic, a major US aluminum producer specializing in aluminum semis for aerospace, automotive, and construction sectors, has a procurement volume of approximately 40,800 mt of aluminum ingots (90 million pounds), which is scheduled for delivery in Q2.
Feb 13, 2026 23:10
SMM Chinese New Year Holiday Price Update Notice
SMM Chinese New Year Holiday Price Update Notice
As the Chinese New Year holiday is around the corner, Shanghai Metals Market (SMM) hereby informs you of our metal price update arrangement during the holiday period to ensure you can make proper arrangements for your work and business.
Feb 14, 2026 09:19
[SMM Analysis] Raw Material Shortages Boost Prices Across Tungsten Industry Chain, Bull Run Set to Continue
[SMM Analysis] Raw Material Shortages Boost Prices Across Tungsten Industry Chain, Bull Run Set to Continue
Feb 7, 2026 17:39
A Panoramic View of Solid-State Battery Anodes: The Triple Game of Technology, Capacity, and Market
A Panoramic View of Solid-State Battery Anodes: The Triple Game of Technology, Capacity, and Market
Feb 9, 2026 22:06
Global Silver Investment to Remain Strong in 2026 Against the Backdrop of a Sixth Consecutive Annual Market Deficit
Global Silver Investment to Remain Strong in 2026 Against the Backdrop of a Sixth Consecutive Annual Market Deficit
Feb 11, 2026 09:27
Correction? What Correction: CIBC Raises Forecasts – Gold $6,000 USD, Silver $105, on Average
Correction? What Correction: CIBC Raises Forecasts – Gold $6,000 USD, Silver $105, on Average
Feb 11, 2026 09:15
Silver Price Forecast: 30% Historic CRASH - Buy The Dip Or Run?
Silver Price Forecast: 30% Historic CRASH - Buy The Dip Or Run?
Feb 2, 2026 15:52
[SMM Analysis] Tungsten Inventory Depletion in Europe Triggers Panic Buying, Accelerating Global Price Uptrend
[SMM Analysis] Tungsten Inventory Depletion in Europe Triggers Panic Buying, Accelerating Global Price Uptrend
Feb 2, 2026 16:35
Latest News
MMi Daily Iron Ore Report (February 16)
Feb 16, 2026 17:53
De Nora and Tuleva sign a binding agreement to realize one of the largest US electrochemical lithium hydroxide plants
Feb 16, 2026 15:46
Domestic Port Bauxite Inventory Decreases by 0.68 Million MT
Feb 15, 2026 19:59
Baota Mountain Converter Station's AC System Energized, Marking Key Milestone in UHV Project
Feb 14, 2026 20:23
World's First Multi-Source DC Project in Jiangsu Completes Phase II, Boosts Cross-River Power Transmission
Feb 14, 2026 20:21
Shaanxi Boosts Power Capacity to 127GW, Invests in Grid and Renewable Energy Growth
Feb 14, 2026 20:20
Nanchang's 1000-kV UHV Substation Expansion 40% Complete, Set for September Launch
Feb 14, 2026 20:18
Zambia Suspends Mopani Copper Mine Operations Over Safety Concerns
Feb 14, 2026 10:40
[SMM Analysis] China Accelerates the Construction of a Peripheral Copper Resource Supply Belt
Feb 14, 2026 10:30
SMM Chinese New Year Holiday Price Update Notice
Feb 14, 2026 09:19
MIIT: Increase Policy Support for the Innovation and Development of the Low-Altitude Industry, Accelerate Preliminary Research on Standards, and Establish a Sound Industrial Standard System
Feb 14, 2026 08:36
SMM Analysis: Jan Aluminum Billet Output Slumps, Feb Production to Hit 4-Year Low
SMM Analysis: Jan Aluminum Billet Output Slumps, Feb Production to Hit 4-Year Low
Feb 13, 2026 23:42
Novelis Reports Q3 Results: Oswego Fire Reduces Shipments, Impacts Earnings
Feb 13, 2026 23:22
Egypt Aluminum Invests €19M in Cold Rolling Line Upgrade with Italian Firm Mino
Feb 13, 2026 23:22
Alpha HPA Breaks Ground on World's Largest Ultra-High-Purity Alumina Refinery in Australia
Feb 13, 2026 23:21
Erxing Auto Parts Advances 1M Chassis Systems Project, Boosting Yangtze Delta Auto Industry
Feb 13, 2026 23:20
Sichuan Yibin and Anhui Jinyu Sign $1B Deal for High-Performance Battery Aluminum Foil Project
Feb 13, 2026 23:19
Xinjiang's Gobi Desert Emerges as Major Green Aluminum Hub with 5.143 Billion Yuan Investment
Feb 13, 2026 23:19
Chalco Green Materials' Yunnan Project Achieves Milestone with New Production Line Launch
Feb 13, 2026 23:11
US Aluminum Tariffs Disrupt Imports, Arconic Shifts to Spot Purchasing Amid Supply Shortage
Feb 13, 2026 23:10