SMM May 19 – According to official information from Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 tons of crude selenium, with pricing based on bidding for premiums or discounts against a benchmark. The floor discount is set at RMB 6,000 per ton. The auction will proceed only if at least three bidders register. Registration deadline: 17:00, May 25, 2026. Auction start time: 10:00, May 26, 2026.

1 Tender Conditions The bid inviter for this tender project, Stainless Steel Pipes and Other Items (AGCYGTHGZHD260515288754), is the Equipment Support Management Center of Ansteel Group Chaoyang Steel Co., Ltd. The project funds are self-raised. The project has met the tender conditions, and open tendering is now conducted. 2 Project Overview and Tender Scope 2.1 Project Name: Stainless Steel Pipes and Other Items 2.2 Conversion to other procurement methods upon tender failure: No conversion 2.3 The tender content, scope, and scale of this project are detailed in the attachment "Material List Attachment.pdf". 3 Bidder Qualification Requirements 3.1 Joint venture bidding is not permitted in this tender. 3.2 This tender requires bidders to possess the following qualification requirements: See attachments for details (if applicable) 3.3 This tender requires bidders to meet the following registered capital requirements: Production-type registered capital: 3 million yuan and above Distribution-type registered capital: 3 million yuan and above 3.4 This tender requires bidders to possess the following performance requirements: See attachments for details 3.5 This tender requires bidders to possess the following capability requirements, financial requirements, and other requirements: Financial requirements: See attachments for details Capability requirements: See attachments for details Other requirements: See attachments for details 3.6 This tender requires that for projects subject to mandatory tendering by law, bids from persons subject to enforcement for breach of trust shall be invalid. 4 Obtaining the Tender Documents 4.1 All parties interested in bidding shall log in to the Ansteel Smart Tender and Bid Platform at http://bid.ansteel.cn to download the electronic tender documents from 17:00 on May 18, 2026 to 08:00 on June 10, 2026 (Beijing time, the same hereinafter). Click to view tender details:

[SMM Tin Midday Review: SHFE Tin Fluctuated Downward and Temporarily Settled at 405,000; Spot Market Saw Bargain-Hunting Orders Mainly Driven by Rigid Demand]

[SMM Nickel Flash] On May 18, futures continued to decline, and market pessimism spread. Upstream suppliers mostly maintained high offer prices, but actual transactions were scarce, with some softening in quoted prices. Downstream steel mills adopted a more cautious purchasing stance, mostly referencing steel scrap price ratios, with mainstream intended bids concentrated at 1120-1130 yuan/nickel unit, showing a clear divergence from upstream offers. Under the short-term downward trend, both upstream and downstream pricing sentiment remained cautious, further suppressing spot transaction activity.

[SMM Chrome Daily Review: As Steel Tender Bidding Period Approaches, Chrome Market Largely Adopts Wait-and-See Stance] May 18, 2026: The ferrochrome and chrome ore market experienced slight fluctuations...

[SMM Daily Comment: Market Pessimism Spreads, Market Activity Suppressed] May 18 — The SMM high-grade NPI upstream sentiment factor was 3.25, down 0.09 MoM, and the high-grade NPI downstream sentiment factor was 2.24, down 0.06 MoM.

[SMM Tin Midday Review: Tin Prices Moved Sideways After Declining from Highs, Spot Market Placed Orders on Dips and Adopted a Wait-and-See Approach]

SMM May 18 News: According to unofficial information gathered by SMM from the market, a northern manufacturer recently concluded an open tender to the entire market for hundreds of metric tons of refined bismuth under its group. Although the final tender results were not publicly disclosed, the outcome appeared to be less than satisfactory. Under the arrangement that allowed non-one-time full pickup, no transactions were concluded. Some market participants also learned that the reason for the failed tender was that there were not enough enterprises participating in the bidding, which meant the conditions for bid opening were not met, and therefore the tender was canceled. Other market participants noted that since hundreds of metric tons of bismuth ingots represent a relatively large volume, and considering that current market demand is primarily driven by end-user spot orders from downstream buyers, large-volume speculative purchases are not the mainstream trading method in the current market. Therefore, the absence of any transaction in this tender is understandable and will not have a significant impact on the current market pricing landscape.

Conference Name: AIAC 2026 SMM (15th) Aluminum Industry Annual Conference Conference Date: October 12-13, 2026 Conference Venue: Guiyang, China Conference Theme: Long-term Contracts · Trade · Market Trends Organizer: SMM Information & Technology Co., Ltd. In 2026, the global aluminum industry is at a critical juncture of profound transformation and strategic transition. As the world's largest aluminum producer (accounting for approximately 60% of global aluminum production), China's industrial dynamics profoundly influence the global market landscape. The industry currently faces multiple challenges and opportunities, including global resource allocation and import dependence, the supply-demand pattern of alumina and aluminum, long-term contract trading models and risk management, and responses to geopolitical tensions and trade barriers. Against this backdrop, China's aluminum industry urgently needs to achieve breakthroughs through technological innovation, enhance efficiency and set benchmarks through management upgrades, and ultimately realize a strategic leap from "scale advantage" to "quality advantage," advancing steadily on the path of high-quality development. Thisis scheduled to be held in Guiyang on October 12-13, 2026. Organized by SMM Information & Technology Co., Ltd., the conference will focus on global bauxite allocation strategies, innovation in long-term contract pricing models, optimization of price forecasting models, application of risk hedging tools, energy transition pathways, and technological innovation directions, aiming to help enterprises seize opportunities for high-quality development of the aluminum industry under the "dual carbon" goals and achieve sustained industrial growth. Conference Value | Conference Value This conference focuses on upstream resource security, long-term contract trade, market insights and price forecasting, risk hedging, energy transition, and technological innovation sharing, with particular emphasis on global bauxite allocation, the supply-demand balance of alumina and aluminum, and long-term contract pricing models. It aims to help enterprises grasp market trends, optimize resource allocation, address trade challenges, and promote the healthy development of the aluminum industry. Attendees | Attendees This conference will invite representatives from premium enterprises across the aluminum industry chain (bauxite, alumina, aluminum, aluminum processing), traders, end-users, government leaders, trade associations, authoritative experts, industry research institutions, financial institutions, and other industry representatives. The conference is expected to attract over 500 attendees. Past Conference Guests Company Name Company Representative Name Name Job Title Job Title Main Products Main Products Shandong Aluminium Industry Association SHANDONG ALUMINIUM INDUSTRY ASSOCIATION Wen Xianjun Former Vice President of China Nonferrous Metals Industry Association (CNIA), Honorary President of Shandong Aluminium Industry Association China Aluminum International Trading Group Co., Ltd. China Aluminum International Trading Group Co., Ltd. Li Guangfei Deputy Secretary of the Party Committee, General Manager Aluminum, alumina, bauxite SPIC Aluminum International Trading Co., Ltd. State Power Investment Corporation Aluminum International Trading Co., Ltd. Liu Renjian General Manager Bauxite, alumina, aluminum and related products Gansu Dongxing Aluminium Co., Ltd. Gansu Dongxing Aluminium Co., Ltd. Li Jipeng General Manager Aluminum, aluminum billet, aluminum coil, aluminum rod Shandong Hongtuo Industrial Co., Ltd. Shandong Hongtuo Industrial Co., Ltd Jiang Zhen Sales General Manager Alumina, aluminum Henan Zhongfu Industrial Co., Ltd. Henan Zhongfu Industrial Co., Ltd. Qian Yu General Manager Aluminum, aluminum plate/sheet, strip and foil Henan Shenhuo International Trading Co., Ltd. HENAN SHENHUO INTERNATIONAL TRADING CO., LTD. Zhang Linhai General Manager Aluminum Yidian Holdings Group International Trade Co., Ltd. Yidian Holdings Group International Trade Co., Ltd Meng Tao General Manager Aluminum Yidian Holdings Group International Trade Co., Ltd. Yidian Holdings Group International Trade Co., Ltd Fan Weiguo Deputy General Manager Aluminum Ningbo Kaiton International Trade Co., Ltd. Ningbo Kaiton International Trade Co. Ltd. Wu Chuanghui General Manager Aluminum, copper cathode Shanxi Zhaofeng Tiancheng Aluminum Co., Ltd. Shanxi Zhaofeng Tiancheng Aluminum Co., Ltd. Wu Xiaojun Chairman Aluminum plate/sheet and strip Jiangxi Bestoo Energy Co., Ltd. Jiangxi Bestoo Energy Co., ltd. Zhao Yonghua Vice President Aluminum Shaanxi Nonferrous Yulin New Materials Group Co., Ltd. Shaanxi Nonferrous Yulin New Materials Group Co., Ltd. Gao Wenjie Deputy General Manager Aluminum Shandong Nanshan Aluminum Co.,Ltd. Shandong Nanshan Aluminum Co.,Ltd. Li Wenchao General Manager Shanghai Russia Xibo Economic and Trade Co., Ltd. Shanghai Russia Xibo Economic and TradeCo..Ltd Deng Gang President of China Marketing Primary Aluminum Luoyang Xiangjiang Wanji Aluminium Co., Ltd. LUOYANG XIANGJIANG WANJI ALUMINIUM Wang Wenjie General Manager Alumina Shandong Aluminium Industry Association Shandong Aluminium Industry Association He Faping President and Secretary General Shandong Aluminium Industry Association Shandong Aluminium Industry Association Li Zhenlei Director of Industry Information Department Henan Provincial Nonferrous Metals Association Henan Provincel Nonferrous Metals Association Li Ruxi Vice President Shanghai Aluminum Trade Association SHANGHAI ALUMINUM TRADE ASSOCIATION Liu Lilin Secretary General Association Shanghai Aluminum Trade Association SHANGHAI ALUMINUM TRADE ASSOCIATION Shen Yue Deputy Secretary General Association Huolinguole City Aluminum Industry Association Huolinguole City Aluminum Industry Association Gao Jinzhi President, Deputy Director of Huolinguole Municipal People's Congress Standing Committee Huolinguole Regional Economic Cooperation Financial Services Center Huolinguole Regional EconomicCooperation Financial Services Center Wang Kaifei Director Wenshan Prefecture Aluminum Industry Association Wenshan Prefecture Aluminum IndustryAssociation TBD Association * Only a partial list of attending guests is shown. To obtain the complete directory of the 2025 Aluminum Industry Annual Conference, please contact our customer service. Manager Chu (Miya) 13642049827 chuzhaolan@smm.cn Note: After submitting your information, we will contact you regarding your actual registration progress within 1-3 business days! Conference Content | Agenda This year's conference is planned to consist of two full-day main sessions | a processing and trade matchmaking session | a cross-border arbitrage training session | a public competitive bidding procurement session for bulk raw materials by a multinational aluminum giant (the specific company name is not disclosed for now) | an aluminum industry annual gala dinner | and a field trip to local leading aluminum enterprises. The first-day main session focused on upstream changes in the aluminum industry, energy reshaping and zero-carbon technologies, providing insights into the new course of China's aluminum industry under global supply chain restructuring. The second-day core highlights revolved around strategic opportunities arising from the global aluminum supply gap, with a focus on NEV lightweighting, battery foil and other growth segments, while driving aluminum semis toward high-end breakthroughs through digital transformation. Pending. Content Summary | Abstract I. Geopolitical Black Swans and Energy Crisis: Contraction of Aluminum Supply Outside China and Restructuring of Global Trade Flows II. Shifts in the Global Bauxite Supply Chain: Guinea's Policies, Geopolitical Risks and China's Resource Security III. Inert Anode Technology: The "Zero-Carbon Revolution" in the Aluminum Industry and Industrialisation Timetable IV. Middle East Black Swans and China's Opportunities: Aluminum Semis Export Strategy Amid the Global Aluminum Supply Gap V. Reshaping Energy Costs in the Aluminum Industry: From "Securing Supply" to "Reducing Costs" VI. As Electricity Market Reform Deepens, How Much Room Remains for Low-Cost Power in the Aluminum Industry? VII. Lightweighting Applications of Aluminum Alloys Across All NEV Scenarios VIII. Growth Segments for Aluminum Plate/Sheet, Strip and Foil: Demand Explosion in Battery Foil, Energy Storage and Packaging Materials IX. AI Large Models Empowering Aluminum: From Intelligent Electrolysis Cells to Full-Process Digital Factories X. Implementation of Guinea's New Policies: How to Balance Long-Term Contract Supply Security and Localisation Considerations ······ Past Industry Leaders: Wen Xianjun, Former Vice President of China Nonferrous Metals Industry Association (CNIA) and Honorary President of Shandong Aluminium Industry Association; Mamadou Cherif LY, General Manager of AISC Group; Wito Krisnahad, President of PT Kalimantan Aluminum Company; Ousmane Kaba, Director of Guinea's National Ministry of Mines and Geology; Bachir Diallo, Deputy Director of Guinea's Mining Infrastructure Development Bureau; Dong Chunming, General Manager of Sunlight Metal/ASI Consultant; Wang Lijiao, Deputy General Manager of Henan Mingtai Aluminum Co., Ltd.; Liu Xiaolei, Big Data Director of SMM Information & Technology Co., Ltd.··· *Only a partial list of guest speakers is shown. This year's conference is expected to feature 37+ presentation reports. If you have any questions about the specific arrangements and core content of the conference, please contact us. Contact: Chu Zhaolan Tel: 13642049827 (same number on WeChat) Email: chuzhaolan@smm.cn Conference Official Website Note: After submitting your information, we will contact you regarding your actual registration progress within 1-3 business days!

[SMM Hydrogen Energy News Brief: Tender Announcement for Commissioning and Trial Run Services of Hainan Offshore Wind Power Hydrogen Production Demonstration Project] On May 14, the announcement of shortlisted candidates for the commissioning, trial run, and demonstration operation services of the Hainan New Energy Offshore Wind Power Hydrogen Production Comprehensive Utilization Key Technology R&D and Engineering Demonstration Project was released. The bid inviter was Hainan Shenneng Materials Co., Ltd. According to the announcement, the first-ranked candidate was Zhonghua No.2 Construction Group Co., Ltd., with a bid price of 5.83 million yuan; the second-ranked candidate was Zhongshihua Engineering Construction Co., Ltd., with a bid price of 5.875 million yuan. The project aimed to implement the construction requirements of Hainan's clean energy priority development demonstration zone, focusing on offshore wind power hydrogen production and comprehensive utilization technology research. It would achieve breakthroughs in key technologies such as floating platform hydrogen production, hydrogen storage and transportation, and hydrogen-to-ammonia/methanol conversion, develop core equipment and an offshore wind power hydrogen production comprehensive utilization floating platform, and provide technological and engineering support for Hainan's clean energy island construction and large-scale offshore hydrogen production.