According to Oriental Yuhong, its Hongjia Industrial Coatings has successfully won the bid for the 600,000 mt aluminum project of Taijing Aluminum Indonesia, and will provide professional heavy-duty anti-corrosion protection solutions for the project. The project is located in the Morowali Industrial Park in Indonesia and is jointly invested by China's Xinfa Group and Tsingshan Group. It uses industry-leading 600 kA large-scale electrolytic cells, and the first phase with a capacity of 300,000 mt is expected to commence production in 2026.

PT Permai Metal Indonesia has begun commercial slab production at its Morowali plant in Central Sulawesi, with annual capacity of 1.5 million tonnes. The joint venture between Guangxi Guixin Steel Group and Tsingshan Group is expected to raise domestic slab supply and reduce reliance on imported semi-finished steel. Output may feed a nearby 4 million-tonne-per-year hot strip mill.

On May 22, TISCO announced its tender purchase price for high-carbon ferrochrome for June at 8,295 yuan per 50 metric base tons. Tsingshan Group set its price at 8,495 yuan per 50 metric base tons simultaneously. Both prices were unchanged month-on-month from May, largely in line with market expectations. Market sentiment has stabilized, and retail prices of ferrochrome have halted their decline and leveled off.

South Korean aerospace materials group Spear is advancing construction of a next-generation High-Pressure Acid Leach (HPAL) nickel smelter in Indonesia, with acquisition of the project finalized earlier this year. The company is operating the Indonesian business through strategic partnerships with NIC, a globally listed minerals company, and Tsingshan Group, the world's largest nickel producer. Spear said it expects to recognize equity method gains and operational profits from the smelter going forward, alongside growth in nickel raw material distribution. Part of the 90 billion won raised through a recent CB block deal will be allocated to completing construction and funding offtake settlements for high-purity nickel output.

[SMM Aluminum Express News] Tsingshan Holding Group has reportedly asked some nickel pig iron (NPI) producers at Indonesia’s Weda Bay industrial park to cut output by June in order to redirect electricity supply toward aluminum production. The move highlights growing power constraints as Tsingshan expands into aluminum smelting in Indonesia, where stronger aluminum prices and Middle East-related supply disruptions have improved margins for the metal.

News Release: April 30, 2026 According to SMM statistics, China’s high-carbon ferrochrome output in April 2026 fell by 1.28% month-on-month but rose by 24.63% year-on-year, with notable regional divergence. The majority of the monthly output reduction came from Inner Mongolia in northern China. Affected by substation maintenance, ferrochrome producers in Fengzhen faced production restrictions, with output dipping slightly by 1.82%.