Alcoa Maintains 2026 Guidance, Forecasts Q2 EBITDA Impact

Overall, the aluminum processing industry achieved a slight edge up in operating rate this week, driven by the recovery of export orders, the surge in energy storage demand, and the recovery of infrastructure-related orders. The industry maintained relatively strong resilience, and going forward, attention should be focused on the sustainability of export orders and the boosting effect of aluminum price trends on demand.

According to reports, Lens Technology Co., Ltd. signed a share purchase agreement with South Asia Management Limited, Zheng Liyu, Lin Meili, and other transaction parties, planning to conditionally acquire approximately 27.81% of the issued shares of Giant International Holdings Limited held by the sellers, corresponding to approximately 334 million shares, with a total transaction consideration of approximately 734 million Hong Kong yuan. According to the agreement, after the completion of this share acquisition, Lens Technology will issue a conditional voluntary general cash offer to all shareholders of Giant International in accordance with regulations, ult