Hainan Chensheng Rare Earth Metals Co., Ltd. was established, with Li Yamin as its legal representative and a registered capital of 20 million yuan. Its business scope includes the smelting of rare and rare earth metals; manufacturing of non-ferrous metal alloys; manufacturing of metal materials; processing of non-ferrous metal rolling; R&D of new material technologies, among others. According to Qichacha's equity structure analysis, the company is indirectly wholly owned by Shenghe Resources (600392).

Spanish stainless steel giant Acerinox S.A. has seen a surge in interest from US investors following resilient earnings and a confirmed dividend strategy. As the parent company of Kentucky-based North American Stainless (NAS), Acerinox is being positioned as a strategic "sleeper play" for its exposure to high-value special alloys critical to EV supply chains, data centers, and industrial reshoring. While the company remains a traditional cyclical player, its shift toward high-margin specialty products and a disciplined capex approach has allowed it to maintain solid EBITDA despite weak European demand. For US portfolios, it offers a diversified global alternative to domestic names like Nucor or Cleveland-Cliffs.

During the Chinese New Year holiday in 2026, the SiMn market operated steadily overall, with spot prices maintaining sideways movement. The fluctuation range in the operating rate of alloy plants was relatively small, and the market as a whole exhibited a "supply-demand weak balance with prominent cost support" pattern.

[SMM News] It was reported that the magnesium and aluminum alloy and semi-solid mold R&D pilot center of the Anhui Luan Die-casting Mold Plant No. 3 of Ningbo Xinlin Mold Technology Co., Ltd. was officially put into operation recently. The plant had commenced production in May 2024, and the launch of the pilot center marked a key breakthrough for Xinlin Mold in capacity layout, technological R&D, and market expansion, which will further strengthen its competitiveness in the high-end die-casting mold sector.

Recently, at the construction site of the project of Hengtong New Energy Smart Grid (Sichuan) Co., Ltd. (Hengtong's annual production project of 120,000 tons of UHV transmission conductors and equipment) located in Yuanjiaba Aluminum Industrial Park, Guangyuan Economic and Technological Development Zone, tower cranes stand everywhere and all work is progressing in an orderly manner. The project covers an area of 150 mu and is mainly engaged in the R & D and production of aluminum-based special alloy wires and special conductors. It officially started construction in September 2025. As of now, 60% of the main structure construction of the project has been completed, 20% and 40% of the interior wall panels and the inner layer of the roof enclosure have been completed respectively. The constr

Recently, at the construction site of Hengtong Xinneng Zhinang (Sichuan) Co., Ltd. project (Hengtong Annual Output of 120,000 mt Ultra-High Voltage Transmission Conductors and Equipment Project) located in the Yuanjiaba Aluminum Industrial Park of Guangyuan Economic and Technological Development Zone, tower cranes stood in clusters, and various tasks were progressing in an orderly manner. The project covers an area of 150 mu and primarily engages in the R&D and production of aluminum-based special alloy wires and special conductors. It officially commenced construction in September 2025. As of now, 60% of the main structural work has been completed, with interior wall panels and roof inner layer sealing reaching 20% and 40% completion respectively. Efforts are currently focused on advancing equipment foundation construction. Trial production is expected to begin in May this year, and the overall project is projected to be fully completed by December.