The global automotive industry is accelerating its low-carbon and intelligent transformation, with China's automotive industry advancing from scale advantages to dual leadership in technology and supply chain. In 2025, the penetration rate of new energy vehicles in China exceeded 50%, driving the upgrade of automotive materials such as aluminum, steel, and magnesium, with demand for lightweight new materials surging. Coupled with the implementation of the EU carbon border tax, low-carbon transformation of the industry chain is imminent. Coinciding with the beginning of the 15th Five-Year Plan and the deepening phase of the dual carbon goals, the industry urgently needs a professional platform to address material technology challenges. Against this backdrop,will be held on September 10-11, 2026 in Shanghai . SMM together with exclusive drinking water title sponsorship partner - Anhui Xiongchuang Aluminum Alloy New Material Co., Ltd. sincerely invites industry peers to attend the conference, promoting the in-depth evolution of the automotive supply chain toward green, lightweight, intelligent, and global development. Clickto attend. We look forward to meeting you at the conference. Anhui Xiongchuang Aluminum Alloy New Material Co., Ltd. was established in October 2018 with a registered capital of 100 million yuan. Located at No. 12 Yanghuai Road, Economic Development Zone, Suixi County, Huaibei City, Anhui province, it is a private new-type aluminum alloy material enterprise integrating R&D, production, and sales. The company occupies a total land area of 63,603 m², approximately 95.5 mu. The planned total construction area is 32,000 m², with supporting public auxiliary engineering. The total project investment is approximately 150 million yuan, of which construction investment is 95 million yuan. The overall designed capacity is 150,000 mt per year. The main products include various grades of high-quality cast aluminum alloy ingots, aluminum alloy liquid, and secondary aluminum alloy bars, primarily used in automotive, new energy, and other fields . The main production equipment adopts China's advanced high-efficiency and energy-saving automatic melting furnaces, achieving high efficiency, energy conservation, reduced slag formation, and improved aluminum liquid purity. The production equipment, technical level, and economic indicators have reached the advanced level of similar domestic production processes. The company is dedicated to the research and manufacturing of aluminum as a substitute for steel and aluminum as an substitute for copper, promoting the lightweight development of automotive, rail transit, and aerospace components, achieving energy conservation and emission reduction, and protecting the global environment. For every mt of secondary aluminum we recycle, we can reduce ore mining by 11 mt, reduce carbon dioxide emissions by 0.8 mt, reduce sulfur dioxide emissions by 0.6 mt, reduce solid scrap by 20 mt, save 22 m³ of water, and save 14,000 kWh of electricity. Soaring forward with bold strides, breaking through with innovation! Xiongchuang Aluminum Alloy builds its backbone with integrity and forges brilliance with service! In the future, we will fully leverage our industrial advantages, integrate resources from all parties, target market development trends, and create greater value for our clients. Contact Information Mr. Liu 181 0561 3888 Mr. Yang 151 3040 8133 SMM Conference Contact Lv Junlei 176 1601 9596 lvjunlei@smm.cn

[SMM Rare Earth Flash News] The US Department of Energy (DOE) has selected Phoenix Tailings, based in Oklahoma, for funding negotiations to support its construction of a demonstration facility that will produce high-purity rare earth metals from industrial scrap locally. The project aims to develop a new commercial pathway to realize domestic production of heavy rare earth metals. The project is part of the DOE's "Rare Earth Element Demonstration Facility Program" with a total investment of $134 million, but the specific amount reserved for Phoenix Tailings has not been disclosed.

[Waste Lead-Acid Battery Market Update] Lead prices have dropped sharply recently, prompting secondary lead smelters to significantly lower their scrap battery purchase prices by 50-150 yuan/mt to cut costs. Currently, the tax-exclusive quotation for waste lead-acid batteries used in EVs stands at 9,350-9,400 yuan/mt in the market.

[Geopolitical Disturbances Marginally Weaken, Accelerating Destocking Supports Aluminum Prices Fluctuating Upward] On the macro front, Trump once again claimed that US-Iran negotiations have entered the "final moment," but the market has become desensitized to his repeated similar statements, and the geopolitical risk premium is marginally weakening. On the fundamentals side, the supply gap outside China is expected to provide strong bottom support for aluminum prices, and expectations of rising energy costs also form a bullish driver for aluminum prices; however, the high inventory pressure in China remains relatively evident, which is expected to limit the upside room for China's aluminum prices, and in the short term, China’s aluminum prices are expected to mainly fluctuate and adjust.

SMM Morning Meeting Summary: Overnight, LME copper opened at $13,767.5/mt, fluctuated upward in early trading to touch a high of $13,813/mt, before the price center gradually shifted lower to dip to $13,518/mt, eventually settling at $13,559.5/mt, a decline of 0.23%. Trading volume stood at 23,000 lots, open interest at 266,000 lots, down 5,003 lots from the previous trading day, mainly driven by long liquidation. Overnight, the most-traded SHFE copper 2607 contract opened at 105,210 yuan/mt, initially rising to 105,670 yuan/mt, then the price center kept moving lower, touching a low of 103,660 yuan/mt near the close, a decline of 0.34%. Trading volume reached 62,600 lots, open interest 161,000 lots, down 44 lots from the prior session, also reflecting long liquidation.

SMM, June 10 – Overnight, the LME lead 3M contract opened at $1,991/mt. During the Asian session, the price edged down slightly then fluctuated and recovered. In the European session, it touched a high of $2,001.5/mt. After hitting the high, selling pressure from above was released, and the market quickly turned downward. During the session, it dipped to $1,975/mt. At the close, the price underwent a slight correction and finally settled at $1,981/mt, down $7.5/mt, a decline of 0.38%. Overnight, the SHFE lead 2607 contract opened at 16,190 yuan/mt. Initially after opening, the price slightly corrected. Then, short-term buying pushed the price slightly higher, reaching a high of 16,195 yuan/mt for this session. After the high, bulls lacked momentum to sustain, bears gradually took control, and the futures fluctuated downward. The price declined step by step, touching a low of 16,075 yuan/mt, and finally settled at 16,095 yuan/mt, recording a five-day losing streak, down 75 yuan/mt, a decline of 0.46%. Demand side, end-use consumption is weak, the peak season recovery has fallen short of expectations, and downstream stockpiling is cautious. Lead ingot inventory side, destocking is weak, inventories are gradually stabilizing, and expectations of inventory buildup are rising. Sentiment side, the most-traded SHFE lead contract has recorded a five-day losing streak, short positions are gradually increasing, and bearish sentiment is dominating in the short term. However, amid the sustained decline in lead prices, secondary lead smelters are holding prices firm and holding back from selling due to losses, coupled with cost support from scrap batteries below, providing some phased support to limit the downside room for lead prices.