SHFE Cast Aluminum Alloy Warrants Drop to 30,493 mt on April 9, Down 569 mt From Previous Day

[SMM Aluminum Express News] The Ministry of Energy and Mineral Resources (ESDM) has issued Decree No. 144.K/MB.01/MMEM.B/2026 concerning the amendment to Ministerial Decree No. 268.K/MB.01/MEM.B/2025 on the guidelines for determining Harga Patokan Mineral (HPM). The new regulation will take effect on 15 April 2026. Key Changes: 1. Reduction of the reactive silica (R-SiO₂) factor in bauxite HPM calculation. 2. Conversion of HPM unit from USD/DMT to USD/WMT. Urgent Directive for Bauxite Miners: 1. Immediately coordinate with your surveyor to include Al₂O₃ content, reactive silica (R-SiO₂), and moisture content in the Certificate of Analysis (COA). 2. Update the data in the e-PNBP and MVP applications for accurate royalty calculations.

[SMM Lead Market News Flash] It was reported that CME Group, in a statement released last Friday, approved the application of GKE Metal Logistics Pte. Ltd., allowing it to store aluminum ingots and lead ingots meeting the delivery standards of New York Mercantile Exchange (COMEX) aluminum and lead futures contracts in the Hong Kong Special Administrative Region of China. The approved indoor storage capacity for aluminum and lead at GKE is 6,500 mt.

[SMM Aluminum Express News] Alcoa is facing regulatory pressure at its Wagerup alumina refinery in Western Australia, highlighting risks to upstream aluminum supply. Mercury emissions linked directly to bauxite refining which have nearly doubled since 2022 to ~400kg in 2025, driven by higher alumina production, ore quality, and equipment issues. While regulators say emissions remain within acceptable limits, environmental groups have appealed the refinery’s license, raising the risk of tighter operating conditions for a key alumina asset.