EGA Acquired 80% Stake in Eco Green, Boosting European Recycling Capacity and Secondary Aluminum Supply

Huafeng Co., Ltd. announced on June 17 that its wholly-owned subsidiary, Zhaoqing Gaoyao Huafeng Electronic Aluminum Foil Co., Ltd., plans to expand its production lines in its existing Phase III workshop, adding two low-voltage frequency conversion etching production lines. The total planned investment for the project is 58.7 million yuan. After the project is put into operation, it is expected to add 300,000 square meters of etching capacity per month.

Recently, the China Nonferrous Metals Industry Association released the evaluation results of high-quality projects in the nonferrous metals industry for 2025. Four projects invested and constructed by Chinalco Group were awarded the title of High-Quality Project in the Nonferrous Metals Industry for 2025, including two projects from Chinalco Limited: the Guangxi Branch Alumina Phase I and II Pipeline Leaching Upgrade Project and the Chinalco Shandong 2023 No. 1 Project. The award-winning projects feature advanced design and excellent construction quality, and are all exemplary projects completed in the nonferrous metals industry in the past two years. The Guangxi Branch Alumina Phase I and II Pipeline Leaching Upgrade Project is a core technological upgrade project for implementing the "dual-carbon" strategy, promoting the iterative upgrading of production processes, and achieving a green, low-carbon, and efficient transformation of production. After its commissioning, the bauxite leaching rate and raw material comprehensive utilization rate have significantly improved, production energy consumption has been greatly reduced, and the stability of the production line operation and the level of intelligent control have been comprehensively improved, achieving multiple goals of quality improvement, efficiency enhancement, and cost reduction.

According to foreign media reports, the Mozambican government stated that it is currently negotiating the future of the Mozal aluminum smelter, Mozambique's largest industrial facility. Due to high electricity prices, the smelter has been undergoing maintenance since its shutdown in March. Mozambican government spokesperson Salim Valá confirmed that the government is in discussions with relevant parties but did not disclose details, stating that the process is still ongoing. Previously, South32 (which holds a 63.7% stake in the Mozal smelter) stated that it was evaluating different options for the smelter and did not rule out the possibility of restarting the project in the future if the situation improves.