At this year’s national Two Sessions, Xie Yancui, a deputy to the National People’s Congress and chief engineer of the Technology and Quality Center at Northeast Light Alloy Co., Ltd. of Aluminum Corporation of China, showcased the team’s latest R&D achievement: a new-type high-performance rare earth aluminum alloy material. This represents the latest independently developed innovation in China’s aluminum processing sector. According to reports, this seemingly ordinary metal plate has already been successfully applied in the field of manned spaceflight.

Recently, Chalco Aluminum Foil (Yunnan) Co., Ltd. underwent an industrial and commercial registration change, with its registered capital increasing from 800 million yuan to approximately 1.15 billion yuan, an increase of about 44%. The company was established in March 1996. Its legal representative is Xu Tao, and its business scope includes the production and sales of aluminum cast-rolled coil, aluminum plate/sheet and strip, aluminum foil products, and packaging for food and pharmaceuticals, as well as aluminum foil for electronics and power applications, foreign trade, and more. Shareholder information shows that the company is jointly held by Aluminum Corporation of China Group High-end Manufacturing Co., Ltd., Northwest Aluminum Co., Ltd., and others.

(600497) Chihong Zinc & Germanium: Declines in Lead-Zinc Ore Output and Processing Fees Weigh on Performance; Germanium Products Expected to Boost Growth through Both Volume and Price Increases – The company is a leading domestic player in lead-zinc and germanium. In the first half of the year, the company's net profit attributable to shareholders fell by 22.28%. The company's lead-zinc concentrate production declined, while smelting products increased. Associated minor metals and rare precious metals experienced both volume and price hikes. Currently, the processing fees for lead-zinc concentrates have dropped to historically low levels, expanding the loss area within the industry. As a leading lead-zinc mining company, the company stands out with its low-cost advantage in mining. Additionally, the price of germanium has surged since June, and the germanium business is expected to contribute significantly to profits in the second half of the year. As a lead-zinc industrial platform under Aluminum Corporation of China Limited, the company controls over 32 million tons of lead-zinc resources and over 600 tons of germanium resources. In 2024, it completed the injection of Qinghai Hongxin resources, placed Jinding Zinc Industry and Yunnan Copper Zinc Industry under trusteeship. In the future, high-quality mineral resources from the group are expected to continue being injected, shaping an internationally renowned lead-zinc enterprise.

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With Gasgoo Daily, we will offer daily important automotive news in China.

China is the highest alumina producer, contributing around 58 per cent of the world’s output.