On March 26, Dianjiang County held a signing event for investment promotion projects in Q1 2026, with a total of 28 projects signed and an agreed amount of 8.12 billion yuan. Among them, the project for the annual production of 50,000 mt of secondary aluminum and aluminum products processing planned to build 10 production lines for aluminum smelting and deep processing. After completion and commissioning, it could achieve an annual output value of 1.25 billion yuan and tax revenue of more than 10 million yuan.

On March 26, the 580,000 mt aluminum construction project of Wanji Aluminum Industry (Xinjiang) Co., Ltd. commenced. It is understood that the project adopts an EPC model integrating design, procurement, and construction, with a total investment of approximately 4.595 billion yuan, and is expected to be completed and commissioned in July 2027. Upon completion, the project will become a modern aluminum production site integrating green production, intelligent management and control, and full-chain supporting facilities, improving the entire industry chain from alumina and aluminum to deep aluminum processing.

On March 24, construction officially commenced on the 100kt-per-year deep-processing project for aluminum veneer panels in Tianlin County at the Guiqian (Tianlin) Economic Industrial Park. The project is invested in and developed by Guangxi Zhuoyuan Aluminum Technology Co., Ltd., with a total investment of 1 billion yuan, and is a comprehensive production site for construction-grade aluminum integrating R&D and manufacturing. The project will be built in two phases: Phase I covers about 36 mu and is expected to produce 50kt of aluminum coil annually; after commencing operations, it is expected to generate annual output value of 1.2 billion yuan.

This week, the weekly operating rate of leading downstream aluminum processing enterprises in China rebounded 1.1 percentage points MoM to 64%.

This week, ferrous metals retreated after a rapid rise. At the beginning of the week, the market said that Asia had shifted to coal-fired power generation due to a natural gas supply deficit, while Indonesia would increase coal production and impose export taxes. The rise in international coal prices was transmitted to China, and coking coal and coke led the gains in ferrous metals; mid-week, the Middle East situation remained volatile, and the U.S. and Iran held differing attitudes toward war, with ferrous metals consolidating at high levels; the pullback in the second half of the week was also mainly due to the weakening of the cost-side logic, as market rumors said long-term iron ore contract negotiations had been completed, expectations for tightening iron ore supply declined, and raw materials turned into the main driver of the pullback. In the spot market, speculative trading and end-user purchase sentiment improved in the first half of the week, while rigid demand remained dominant in the second half, and the spot-futures price spread widened somewhat......

This week, the tungsten market showed a divergent trend with mild corrections in domestic prices and a contrarian rise in overseas APT prices. Domestic tungsten concentrate and midstream product prices remained relatively firm, while scrap tungsten prices dropped sharply as profit-taking emerged. Supported by a tight supply-demand balance, overseas markets strengthened, further widening the price gap between domestic and international markets.

On March 20, in accordance with the relevant provisions of the environmental impact assessment approval process for construction projects, the Jiujiang Municipal Bureau of Ecology and Environment planned to accept the environmental impact assessment documents for the "Ruichang City Lithium New Energy Battery Material Regeneration Production Project" undertaken by a company in Jiangxi. The core content of the project is to construct a comprehensive project for the precise recycling and regeneration of spent lithium battery materials, with a planned annual processing capacity of 38,000 tons of spent lithium-ion batteries. This includes 2 precise dismantling and material regeneration lines for lithium iron phosphate, with an annual processing capacity of 20,000 tons;

On March 26, a centralized signing ceremony for investment projects in Dianjiang County for the first quarter of 2026 was held. Among the signed projects, a project for the annual production of 50,000 tons of recycled aluminum and aluminum product processing is planned to construct 10 production lines for aluminum smelting and deep processing. After completion and operation, it is expected to achieve an annual output value of 1.25 billion yuan and tax revenue of over 10 million yuan.

Recently, the Jiujiang Municipal Bureau of Ecology and Environment in Jiangxi Province released the acceptance announcement for the environmental impact assessment report of the "Ruichang City Lithium New Energy Battery Material Regeneration Production Project" undertaken by a company in Jiangxi. According to the public notice, a new materials company in Jiangxi has a project investment of 60 million yuan. The construction site is located in the Ruichang Economic Development Zone in Jiangxi. The project involves constructing 4 production lines, including 2 precise dismantling and material regeneration lines for lithium iron phosphate, with an annual processing capacity of 20,000 tons;

Recently, the People's Government of the Suburb District of Yangquan City, Shanxi Province, released the third public notice for the environmental impact assessment of the "Annual 120,000-ton Spent New Energy Power Battery Comprehensive Utilization Project" undertaken by an environmental protection technology company in Yangquan. The project is planned for construction in three phases: Phase I involves processing 20,000 tons/year of spent new energy power battery dismantling and crushing, and 5,000 tons/year of cascade utilization for spent new energy batteries; Phase II involves processing 60,000 tons/year of spent new energy power battery dismantling and crushing;