SMM July 14th News: According to unofficial market feedback obtained by SMM, it is reported that Sanmenxia Aluminum Co., Ltd. recently successfully concluded a public auction sale of approximately 1 ton of 4N gallium from its inventory.

As a city covering the "bauxite - alumina - aluminum - deep processing of aluminum - secondary aluminum" entire industry chain, Sanmenxia City is taking "extending, supplementing, and strengthening the industry chain" as a breakthrough to drive the aluminum industry to transition from "resource dependence" to "innovation-driven development." The city currently has 24 key aluminum industry enterprises, including East Hope and Kaiman Aluminum, with an annual production capacity of 5.1 million mt of alumina, 240,000 mt of aluminum, 450,000 mt of deep-processed aluminum products (including aluminum plate/sheet and strip, aluminum extrusion, etc.), and 6 million wheel hubs. In the aluminum-based new materials industry chain, a pattern has emerged with East Hope and Kaiman Aluminum as the leading enterprises in alumina, Hengkang Aluminum as the leading enterprise in aluminum, and Baowu Aluminum as the leading enterprise in processing. In 2024, the output value of the city's aluminum industry exceeded 26 billion yuan, and an aluminum-based new materials industry chain with resilience, innovation, and a green foundation is accelerating its rise.

As a city covering the "bauxite - alumina - aluminum - deep processing of aluminum - secondary aluminum" entire industry chain, Sanmenxia City is taking "extending, supplementing, and strengthening the industry chain" as a breakthrough to drive the aluminum industry to transition from "resource-dependent" to "innovation-driven." Currently, there are 24 key aluminum industry enterprises in the city, including East Hope and Kaiman Aluminum, with an annual production capacity of 5.1 million mt of alumina, 240,000 mt of aluminum, 450,000 mt of deep-processed aluminum products (including aluminum plate/sheet and strip, aluminum extrusion, etc.), and 6 million wheel hubs. In the aluminum-based new materials industry chain, a pattern has emerged with East Hope and Kaiman Aluminum as the leading enterprises for alumina, Hengkang Aluminum as the leading enterprise for aluminum, and Baowu Aluminum as the leading enterprise for processing. In 2024, the output value of the city's aluminum industry exceeded 26 billion yuan, and an aluminum-based new materials industry chain with resilience, innovation, and a green foundation is accelerating its rise.

As a city covering the entire industry chain of "bauxite-alumina-aluminum-aluminum deep processing-secondary aluminum," Sanmenxia is taking "extending, supplementing, and strengthening the chain" as a breakthrough to drive the aluminum industry's transition from "resource dependence" to "innovation-driven." The city currently has 24 key aluminum industry enterprises, with an annual production capacity of 5.1 million mt of alumina, 240,000 mt of aluminum, 450,000 mt of aluminum deep processing (aluminum plate/sheet and strip, aluminum extrusion, etc.), and 6 million wheel hubs. In the aluminum-based new materials industry chain, a pattern has formed with leading enterprises such as East Hope, Kaiman Aluminum, Hengkang Aluminum, and Baowu Aluminum. By 2024, the city's aluminum industry output value is expected to exceed 26 billion yuan, and an aluminum-based new materials industry chain characterized by resilience, innovation, and green development is rapidly emerging.

On February 13, China's Baoshan Iron & Steel Co., Ltd., Baowu Aluminum Technology Co., Ltd., and the major Japanese steel manufacturer Kobe Steel, Ltd. officially inaugurated their joint venture.

SMM January 3 News: In 2024, the bauxite supply gap is expected to remain unchanged. Domestic alumina production exceeded expectations, and the increase in bauxite supply could not offset the growth in demand. The bauxite supply gap expanded compared to 2023. Coupled with the continued substantial profitability of alumina, alumina refineries showed increased acceptance of high-priced bauxite, boosting bauxite prices to rise steadily.

SMM data showed that China's copper cathode output in May was 1.0086 million mt, up 23,500 mt or 2.39% MoM, and up 5.19% YoY, exceeding the expected 977,100 mt by 31,500 mt.

According to SMM data, China's metallurgical-grade alumina production in May (31 days) was 6.989 million mt, with an average daily output increasing by 10,400 mt/day from April to 233,000 mt/day.

This is a summary of China metals output in April and forecast for May.