On May 12, the 2026 SMM (3rd) Global Renewable Metal Industry Chain Summit & Battery Recycling Forum , organized by Shanghai Metals Market (SMM), drew to a successful close at the Sheraton Grande Tokyo Bay Hotel in Tokyo, Japan! Following the event, SMM arranged an overseas field trip for delegates. The delegation paid visits to renowned local recycling enterprises in Japan to learn about operational practices and technological advancements in Japan's recycled non-ferrous metal sector. On the morning of May 14, the delegation visited Kankyu Boeki Co., Ltd. and received a warm welcome from the firm’s management. Company Profile Kankyu Boeki Co., Ltd. is a comprehensive resource recycling group whose core business encompasses the dismantling, shredding, and smelting/refining of secondary non-ferrous metal resources, with integrated services in trading, customs clearance, and logistics. The group has long been deeply engaged in the field of industrial and electronic metals recycling, establishing an integrated industry chain system spanning collection, dismantling and processing, smelting, and product output, providing clients with stable, efficient, and compliant secondary metals solutions. The group's main businesses include dismantling and fine processing of secondary non-ferrous metal resources, copper smelting and blister copper ingot production, shredding, dismantling, and smelting of electronic metal materials, and large-scale processing of industrial miscellaneous items, motors, wires, and mechanical metals. The group has annual processing capacities of industrial miscellaneous items (150,000 mt), motors (50,000 mt), air conditioning radiators (30,000 mt), wires (30,000 mt), aluminum and mixed aluminum (50,000 mt), shredded copper and copper wire nodules (50,000 mt), blister copper ingots (100,000 mt), shredded iron (30,000 mt), and H2 iron (80,000 mt). This visit was an important initiative by SMM to build an international exchange platform for the recycled metals industry, serving as a bridge for direct dialogue and experience sharing between Chinese and Japanese enterprises. Through on-site observation and face-to-face communication, the attendees gained in-depth insights into Kankyu Boeki Co., Ltd.'s technological advantages, operational management experience, and market positioning strategies in the recycled metals sector. The visit was particularly fruitful in areas such as refined processing of scrap metals and collaborative operations across the entire industry chain, providing valuable references for enterprises in China to optimize production models and enhance technological capabilities.

Recently, Baidong New District (Baise High-tech Zone) successfully introduced a project for the annual production of 100,000 mt of high performance low-carbon aluminum-based materials and deep processing. With a total investment of 200 million yuan, the project is located in the Liutang Park of Baise High-tech Zone. It mainly involves the construction of high-end aluminum alloy material production lines and deep processing production lines, producing high-end aluminum alloy ingots as well as high-end alloy components for automobiles, engines, radiators, new energy, and electronic applications. After the project reaches full production, it is expected to achieve an annual output value of approximately 2.5 billion yuan.

SMM, February 28th， Driven by the global clean energy transition, the energy storage industry is achieving steady growth. Its core value lies in effectively mitigating the inherent intermittency and volatility of renewable energy sources like wind and solar power, providing critical assurance for stable clean electricity output. This development trend will sustainably drive demand for key metals across the energy storage supply chain. As one of the core materials, aluminum applications in energy storage systems primarily focus on aluminum sheets, strips, foils, and extrusions. I. Scale of Aluminum Consumption in ESS According to SMM calculations, each 1GWh energy storage system consumes approximately 1,780 tons of aluminum , of which aluminum extrusions account for about 44%, aluminum sheets and strips account for about 39%, and aluminum foil accounts for about 18%. From the perspective of industry growth drivers, global energy storage cell production is entering a period of rapid growth: According to SMM estimates, the global demand for energy storage cells will be approximately 559 GWh in 2025, and is expected to reach 779 GWh in 2026, with a year-on-year increase of 39%; even as the base expands, the annual demand from 2027 to 2030 will still maintain a growth rate of over 20%. In terms of aluminum demand, Chinese enterprises dominate the energy storage market, driving increased domestic aluminum consumption. SMM research indicates China's energy storage battery cabinet shipments will reach approximately 400GWh in 2025, accounting for over 80% of global share. Based on SMM's calculation of 1,780 tons of aluminum per GWh for energy storage systems and global battery cabinet shipments, the global aluminum demand for energy storage systems in 2025 will reach 850,000 tons, with China consuming approximately 710,000 tons. Domestic demand for aluminum in energy storage is projected to increase by 280,000 tons in 2026. However, it should be noted that with the continuous iteration of large-cell technology, the unit consumption of aluminum structural components in energy storage systems has room for reduction. In the long term, there is still potential for optimizing aluminum consumption per unit. II. Calculation of Aluminum Profile Materials per Unit of ESS Due to design variations across different energy storage products, this section separates aluminum consumption calculations for energy storage cells from other system components . 1.Core Application Scenarios of Aluminum Materials in EES Aluminum materials, with advantages such as lightweight, corrosion resistance, and excellent processing performance, have been deeply integrated into the core components of ESS, with their main applications concentrated in three major areas: Energy Storage Cell Component: Primarily used for cell aluminum foil, aluminum casings, and tabs. Pack Component : Primarily used for battery trays, liquid cooling plates, battery end plates, and battery enclosures, etc. Energy Storage System Component: Main applications include energy storage system enclosures, radiators, etc. 2.Aluminum Consumption in Energy Storage Cells Aluminum usage in energy storage cells primarily involves battery foil, aluminum casings, and tabs. Currently, the aluminum consumption per cell is approximately 615t/GWh, with aluminum foil accounting for 300-330 t/GWh. 3.Aluminum Consumption in ESS Due to variations in technical approaches and application scenarios, different manufacturers employ distinct design solutions for energy storage systems. When calculating aluminum consumption, we use industry average values: In industrial, commercial, and residential energy storage projects, each rack is on average configured with 4.5 battery packs. In grid-side energy storage projects, each rack averages 8 battery packs, with each system containing an average of 12 rack. The aluminum components of the battery pack include the tray, liquid cooling plate, box body, and end plate. The structure of the battery tray is similar to that of new energy vehicle battery trays, but the product specifications are smaller and the cross-sectional design is more simplified. SMM calculates the aluminum consumption of a single battery pack based on the average weight data of components provided by mainstream aluminum production enterprises. In addition, the core equipment of the energy storage system, the power conversion system (PCS), and its supporting radiator also need to consume aluminum materials.While aluminum enclosures exist for ESS, market research indicates steel enclosures currently dominate the market, with aluminum enclosures holding less than 20% market share. The weight range per unit is from several hundred kilograms to 2 tons. Based on the above parameter calculations: the comprehensive aluminum consumption of industrial, commercial, and residential energy storage systems is 2030 tons/GWh,while for grid-side energy storage systems it is 1,720 tons/GWh. Weighted by the shipment share of different energy storage system types, the final comprehensive aluminum consumption for energy storage systems is calculated as 1,780 t/GWh. 4.Consumption Structure of Aluminum Materials in Energy Storage Systems From a production process perspective, the manufacturing methods for core components such as aluminum casings and liquid cooling plates encompass multiple pathways including sheet metal stamping, profile processing, and casting. This section breaks down the consumption structure of aluminum material categories in energy storage systems based on the proportion of mainstream process applications: aluminum extrusions account for approximately 44%, aluminum sheets and strips account for approximately 39%, and aluminum foil accounts for approximately 18%.

Demand for high-copper scrap such as cables and radiators has risen sharply, with prices up >20% in recent months and processing centers seeing heavy daily trade — reflecting robust demand in secondary copper supply channels.

Thai Media: According to the latest disclosure by the Thailand Board of Investment (BOI), Changan Automobile , one of China's top four automakers, has officially initiated its strategic layout in Thailand. In the first phase, the company will invest billions of Thai baht to establish a production site for right-hand-drive EVs in the WHA Eastern Seaboard Industrial Estate in Rayong Province, Thailand. This is Changan's first overseas complete vehicle manufacturing project, marking a crucial step forward in its globalization strategy. The first-phase factory is scheduled to commence operations on May 16, 2025, with an initial planned annual capacity of 100,000 units, which will be gradually increased to 200,000 units in the future. Notably, Changan will simultaneously establish an R&D center for the Asia-Pacific region, focusing on the development of core technologies for right-hand-drive car models. Currently, 600 employees have already been stationed, and it is expected that the workforce will reach 2,000 by 2026, with 90% being local employees. We are honored to invite Changan Automobile Southeast Asia Business Unit to participate in the SMM Southeast Asia (Thailand) Automotive Supply Chain Conference, which will be held in Bangkok, Thailand, on June 16-17. A special Automakers' Parts Demand Matchmaking Session will be organized. A total of six companies will participate in this automakers' parts demand matchmaking session. Details are as follows: 1. Aion Automobile Manufacturing (Thailand) Co., Ltd. 2. Changan Automobile Southeast Asia Business Unit 3. BYD Auto Thailand Co., Ltd. 4. To be determined 5. Omoda & Jetour (Thailand) Co., Ltd. 6. Joyson Safety Systems (Thailand) Demand Information : Battery cells, carpets, bumpers, roofs, tires/wheel hubs, automotive glass, battery cases, HVAC systems (including condensers, radiators, etc.), stamping part battery cases (steel plate rolling and aluminum alloy profiles), safety systems, auto body structures and covering parts, stamping/rolling parts, chassis and suspension systems, electrical and electronic systems, HVAC and thermal management systems, interior and functional parts, other auxiliary systems, braking systems, stamping parts, injection-molded parts, die-cast parts, and wiring harnesses. Scan the QR code for conference details. According to documents disclosed by the BOI, Changan has clearly committed to increasing the localization rate of its supply chain: 65% of parts will be sourced from Thailand in 2025, and this figure will reach 80% by 2028. To this end, the company is collaborating with educational institutions such as King Mongkut's Institute of Technology Ladkrabang through the BOI platform to jointly cultivate automotive engineering and technical talents, and plans to involve local parts companies in R&D cooperation. The Secretary General of the BOI in Thailand revealed that Changan's regional headquarters will be relocated from Chongqing to Thailand to oversee and manage business operations in the Asia-Pacific region. This decision aligns with the Thai government's "30@30" EV industry policy, a national strategy aimed at achieving a 30% share of EV production by 2030. The government will provide preferential policy support, such as tax incentives, for technological R&D. Dual Considerations: Market Positioning and Industrial Upgrading As a base dedicated to producing right-hand drive car models, Changan's Thailand factory will not only supply the Thai market but also cover right-hand drive countries in the Asia-Pacific region, including Malaysia, Indonesia, and Australia. BOI data indicates that the annual demand for right-hand drive vehicles in the ASEAN region exceeds 3 million units, yet the existing EV capacity accounts for less than 5%. Changan's entry will fill the gaps in the regional industry chain and support Thailand's transition to a modern automotive industrial system. · Conference Name: 2025 SMM Southeast Asia (Thailand) 2nd Automotive Supply Chain Conference · Venue: Hyatt Regency Bangkok Suvarnabhumi, Bangkok, Thailand · Date: June 16-17, 2025 List of Participating Enterprises for Automakers' Parts Demand Matching Participating Enterprises: 1. Aion Automobile Manufacturing (Thailand) Co., Ltd. 2. Changan Automobile Southeast Asia Business Unit 3. BYD Auto Thailand Co., Ltd. 4. To be determined 5. Omoda & Jetour (Thailand) Co., Ltd. 6. Joyson Safety Systems (Thailand) Demand Information: Battery cells, carpets, bumpers, roofs, tires/wheel hubs, automotive glass, battery cases, HVAC systems (including condensers, radiators, etc.), stamped battery cases (steel plate roll forming and aluminum alloy profiles), safety systems, auto body structures and covering parts, stamped/roll-formed parts, chassis and suspension systems, electrical and electronic systems, HVAC and thermal management systems, interior and functional parts, other auxiliary systems, braking systems, stamping parts, injection-molded parts, die-cast parts, and wiring harnesses Scan the QR code to view conference details

SMM Southeast Asia (Thailand) 2nd Automotive Supply Chain Conference • Conference Time: June 16-17, 2025 • Conference Venue: Hyatt Regency Bangkok Suvarnabhumi, Thailand Confirmed List of Key Participating Enterprises Scan the QR code for conference details Scan the QR code for conference details Key Event: Matchmaking for Automakers' Parts Demand Participating Enterprises: 1. Aion Automobile Manufacturing (Thailand) Co., Ltd. 2. Changan Automobile Southeast Asia Business Unit 3. BYD Auto Thailand Co., Ltd. 4. To be determined 5. Omoda & Jetour (Thailand) Co., Ltd. 6. Joyson Safety Systems (Thailand) Demand Information: Battery cells, carpets, bumpers, roofs, tires/wheel hubs, automotive glass, battery cases, HVAC systems (including condensers, radiators, etc.), stamped battery cases (steel plate roll forming and aluminum alloy profiles), safety systems, auto body structures and covering parts, stamped/roll-formed parts, chassis and suspension systems, electrical and electronic systems, HVAC and thermal management systems, interior and functional parts, other auxiliary systems, braking systems, stamped parts, injection-molded parts, die-cast parts, and wire harnesses Scan the QR code for conference details Confirmed Guest Speakers Scan the QR code for conference details Conference Agenda Day 1: June 16 8:00-8:50 Registration and Morning Tea 8:50-9:00 Opening Ceremony, Welcome Address by SMM Leadership 9:00-9:20 Latest Policies in Southeast Asia's Automotive Industry 9:20-9:50 Automotive Brand Building and Differentiation Strategies in Southeast Asia's Market 9:50-10:15 Tea Break 10:15-11:00 Roundtable Discussion: Pathways to Building and Optimizing Localized Supply Chains in Southeast Asia Guest Speakers: Martin Knoss Regional President, Power Solutions Division, ASEAN Market Segment (Passenger Cars, Commercial Vehicles, and Off-Road Vehicles), Robert Bosch Automotive Technology (Thailand) Co., Ltd. Harendra Saksena Chief Procurement Officer, Ather Energy Peter Klöpfer Senior Manager, Rutronik Elektronische Bauelemente GmbH Ma Mingjun General Manager, Joyson Safety Systems (Thailand) Yoshinobu Egawa Head of China Region, SIIX Guan Xin Deputy General Manager, Changan Automobile Southeast Asia Business Unit 11:00-11:45 Roundtable Discussion: Importing into Southeast Asia's Automotive Supply Chain (Services, Pricing, and Local Implementation Possibilities) Moderator: Yi Yanting VP, SMM Information & Technology Co., Ltd. Guest Speakers: Bai He RTM International, a subsidiary of Mitsubishi Corporation Liang Yingzhang Head of Asia Metals & Mining Sustainability, Bloomberg Intelligence Shine Peng Managing Director, Southeast Asia Sales, FedEx Enterprises to be Invited: Thai steel and aluminum enterprises 12:00-13:30 Lunch + Networking Session 13:30-13:50 Keynote Speech by EVAT (Electric Vehicle Association of Thailand) Guest Speaker: Uthane Supatti Assistant Professor, Academic and Human Development Vice President, Electric Vehicle Association of Thailand (EVAT) 13:50-14:35 Roundtable Discussion: Research on Accelerating Electrification and Localization of Core Components in Thailand Guest Speakers: Xu Xiaolong Deputy General Manager, Inovance United Power Systems (Thailand) Co., Ltd. Ross Head of OEM Chip Division Fu Zhibiao Plant Manager, Shanghai Edrive (Thailand) Co., Ltd. Tongkarn Kaewchalermtong Chair, Transport and Logistics Working Group, ASEAN Federation of Engineering Organizations (AFEO) Suphot Sukphisarn Chair, Automotive Parts Industry Association, Federation of Thai Industries; Deputy Secretary General, Thai Automotive Parts Manufacturers Association 14:35-14:55 Silicon Steel for New Energy Motors Guest Speaker: Zhan Lugang Executive Deputy General Manager, Hunan Hongwang New Material Technology Co., Ltd. 14:55-15:20 Tea Break 15:20-16:05 Roundtable Discussion: Charging Pile Infrastructure: Unlocking the Last Mile of Southeast Asia's New Energy Revolution Guest Speakers: Zhao Liming Overseas Sales Director, TELD International Soravis Sithicharoe Head of Venture Capital (Charging Pile Business), Gentrai Enterprises to be Invited: Banpu Next Co., Ltd. PTT Public Company Limited 16:05-16:25 To be determined Guest Speaker: Guangzhou Futures Exchange 16:25-16:45 To be determined 16:45-17:30 Roundtable Discussion: Choosing the Right Model for Investment and Plant Construction in Southeast Asia: Analyzing the Pros and Cons of Joint Ventures and Wholly Owned Subsidiaries Enterprises to be Invited: Tailong United Automobile Co., Ltd. Charoen Pokphand Group Toyota Motor Thailand Co., Ltd. Honda Automobile (Thailand) Co., Ltd. SAIC-CP Automobile Co., Ltd. Foton Motor (Thailand) Co., Ltd. Chinese-funded wholly owned plant construction enterprises 19:00-21:00 Cocktail Reception Day 2: June 17 9:00-9:20 To be determined 9:20-10:05 Roundtable Discussion: How Southeast Asia's Local Supply Chains Can Serve the European and US Markets Guest Speakers: Tuan Vi Vice President, Supply Chain and Logistics, Asia Pacific, Schaeffler Vietnam Co., Ltd. Dr. Mustafa Saed Executive Director of Cybersecurity, Aptiv US Companies to be invited: ZF (Thailand) Co., Ltd. BMW Group Thailand Co., Ltd. Faurecia (Thailand) Automotive Seating and Interior Systems Co., Ltd. Mercedes-Benz (Thailand) Co., Ltd. 10:05-10:30 Tea Break 10:30-11:15 Roundtable Forum: Battery Materials Supply Chain - Possibility of Southeast Asia Linkage in Battery Cell Chemical Materials Guest Speakers: Tony General Manager, SEVB (Thailand) Co., Ltd. Liu Rui Chairman, Innoway (Malaysia) New Material Technology Co., Ltd. Kim Chang-seok Sales Director for Japan, South Korea, and Southeast Asia, Electrolyte Business Unit, Tinci Materials Yang Shuzhan Deputy General Manager of BTR Group, Chairman of BTR Indonesia, BTR New Material Group Co., Ltd. Companies to be invited: Cathode Material Manufacturers Battery Manufacturers 11:15-11:35 Speech to be confirmed 11:35-13:00 Lunch + Networking Session 13:30-17:30 Automakers' Parts Demand Matchmaking Meeting Participating Companies: 1. Aion Automobile Manufacturing (Thailand) Co., Ltd. 2. Changan Automobile Southeast Asia Business Unit 3. BYD Auto Thailand Co., Ltd. 4. To be confirmed 5. Omoda & Jetour (Thailand) Co., Ltd. 6. Joyson Safety Systems (Thailand) Demand Information: Battery cells, carpets, bumpers, roofs, tires/wheel hubs, automotive glass, battery cases, air conditioning systems (HVAC, condensers, radiators, etc.), stamped battery cases (steel plate rolling and aluminum alloy profiles), safety systems, auto body structures and covering parts, stamped/rolled parts, chassis and suspension systems, electrical and electronic systems, air conditioning and thermal management systems, interior and functional parts, other auxiliary systems, braking systems, stamped parts, injection-molded parts, die-cast parts, and wire harnesses. Scan the QR code to view meeting details