[SMM Aluminum Flash News] The Guangxi Qiangqiang Carbon-Based New Materials prebaked anode project, with an annual capacity of 600,000 mt, officially commenced construction in April 2025 and is expected to begin trial production in July 2026. The first calcining furnace is estimated to start production by the end of March; the roasting furnace is expected to start production by the end of May, with the forming workshop producing the first green anode, marking the project’s full integration; and the first baked anode is expected to be produced by the end of July.

This year, China will carry out the first large-scale green electricity trading across power grid operation areas. On March 6, it was learned from the Guangzhou Electric Power Trading Center that from today (6th), green electricity from Guangxi and Yunnan will be delivered to East China through market-oriented transactions, which is also the first large-scale cross-power grid green electricity transaction in China this year. It is understood that through the Guangzhou and Beijing power trading centers, green electricity from Guangxi and Yunnan will continue to flow into Shanghai, Jiangsu, Zhejiang, Fujian and other places from today until March 31. The transaction will generate 314 million kWh of electricity, 100% of which will be green electricity, with wind power accounting for 90% and p

This project effectively fills the gap in Nanning’s aluminum industry chain. After completion and commissioning, it will provide strong supporting capacity for industries in Nanning such as NEVs and parts, meeting local industrial development demand for aluminum ingots. The implementation of Guangxi Long’an Hetai New Materials Co., Ltd.’s green new materials industry chain production site project is a critical step in the development of Long’an’s new materials industry. The project takes green development as its core strategy, with development oriented toward achieving efficient resource utilization and ultra-low pollutant emissions, and will build a circular economy industrial park featuring a “cement plant—alumina—combined heat and power—cement plant” cycle.

I. Coal-to-Hydrogen Shandong anthracite transaction range [1,710-1,710], average hydrogen cost [1.58 yuan/m³] Shanxi anthracite transaction range [910-910], average hydrogen cost [0.96 yuan/m³] Hebei anthracite transaction range [1,390-1,390], average hydrogen cost [1.33 yuan/m³] Henan anthracite transaction range [1,010-1,010], average hydrogen cost [1.05 yuan/m³] II. Natural Gas-to-Hydrogen Pearl River Delta natural gas transaction range [5,520-5,620], average hydrogen cost [2.62 yuan/m³] Zhejiang natural gas transaction range [5,470-5,800], average hydrogen cost [2.62 yuan/m³] Guangxi natural gas transaction range [5,570-5,990], average hydrogen cost [2.65 yuan/m³] Eastern Guangdong natural gas transaction range [5,500-5,590], average hydrogen cost [2.58 yuan/m³] Henan natural gas transaction range [4,540-4,780], average hydrogen cost [2.25 yuan/m³] Hebei natural gas transaction range [4,610-5,405], average hydrogen cost [2.37 yuan/m³] Hubei natural gas transaction range [5,060-5,910], average hydrogen cost [2.57 yuan/m³] Guizhou natural gas transaction range [5,080-5,660], average hydrogen cost [2.52 yuan/m³] Sichuan natural gas transaction range [5,025-5,325], average hydrogen cost [2.46 yuan/m³] Shanxi natural gas transaction range [4,500-4,700], average hydrogen cost [2.18 yuan/m³] Shandong natural gas transaction range [4,840-5,460], average hydrogen cost [2.45 yuan/m³] Heilongjiang natural gas transaction range [5,990-6,300], average hydrogen cost [2.83 yuan/m³] Inner Mongolia natural gas transaction range [4,620-4,890], average hydrogen cost [2.21 yuan/m³] III. Propane-to-Hydrogen South China propylene oxide transaction range [6,280-6,410], average hydrogen cost [3.62 yuan/m³] east China propylene oxide transaction range [6,390-7,190], average hydrogen cost [3.84 yuan/m³] Northeast China propylene oxide transaction range [6,170-6,720], average hydrogen cost [3.67 yuan/m³] Shandong propylene oxide transaction range [6,790-7,220], average hydrogen cost [3.97 yuan/m³] IV. Hydrogen Production from Methanol Methanol transaction range in east China [2,430-2,740], average hydrogen cost [2.32 yuan/m³] Methanol transaction range in central China [2,300-2,720], average hydrogen cost [2.3 yuan/m³] Methanol transaction range in north China [2,080-2,680], average hydrogen cost [2.15 yuan/m³] Methanol transaction range in south China [2,530-2,590], average hydrogen cost [2.29 yuan/m³] Methanol transaction range in northwest China [2,120-2,370], average hydrogen cost [2.04 yuan/m³] Methanol transaction range in southwest China [2,240-2,800], average hydrogen cost [2.31 yuan/m³] Methanol transaction range in northeast China [2,630-2,650], average hydrogen cost [2.35 yuan/m³]

The General Office of the People's Government of the Guangxi Zhuang Autonomous Region recently issued the Implementation Plan for the Special Action to Boost Consumption in Guangxi. It mentioned that efforts would be intensified and expanded to support trade-in of automobiles, home appliances, home renovation, kitchen and bathroom products, and e-bikes, as well as subsidies for the purchase of new 3C digital products.

According to the Guangxi Zhuang Autonomous Region Geological and Mineral Bureau, during the period from 2021 to 2024, the bureau actively carried out exploration of strategic minerals such as aluminum, manganese, tin, antimony, tungsten, zirconium, nickel, rare earths, and fluorite, as well as minerals urgently needed by industries such as quartz sand and calcium carbonate, achieving remarkable results. By the end of 2024, a total of 14 medium- and large-sized deposits of bauxite, manganese ore, fluorite, tin, and rare earths had been discovered. Additionally, resources of 4.8 billion mt of calcium carbonate, 1.5 billion mt of quartz sand, and 360,000 mt of lead-zinc were identified, significantly promoting the development of mineral resources and industries in Guangxi.

According to an announcement by Yueling Co., Ltd., its wholly-owned subsidiary, Zhejiang Changyi Investment Co., Ltd., has invested RMB 50 million to establish Nanning Yueling Special Vehicle Parts Development Co., Ltd. in Nanning, Guangxi, and has authorized the management of Changyi Investment to handle the relevant registration procedures.

The Department of Industry and Information Technology of Guangxi Zhuang Autonomous Region, in collaboration with the People's Bank of China Guangxi Branch, formulated the "Guidance Catalog for Financial Support for Aluminum Industry Transformation (Trial)", providing a clear roadmap for the transformation of Guangxi's aluminum industry. Following the release of the catalog, the Nanning Branch of China Minsheng Bank, under the guidance of the People's Bank of China Guangxi Branch, quickly seized the policy opportunity by establishing a professional financial service team and partnering with Guangxi Aluminum Industry Group to jointly explore innovative models for financial services in aluminum industry transformation. After thorough communication and survey, both parties provided a carbon footprint-linked loan of 220 million yuan to Guangxi Baise Guangxi Investment Group Yinhai Aluminum Co., Ltd. for its technological transformation project, applying the catalog. The loan's preferential interest rate is closely related to the company's carbon reduction performance, primarily aimed at reducing the energy consumption per mt of aluminum through technological transformation.

[Guangxi: Intensifying and Expanding Support for Trade-in of Vehicles, Home Appliances, Home Furnishing, Kitchen and Bathroom Products, and E-bikes, as Well as Subsidies for Purchasing New 3C Digital Products] The General Office of the People's Government of Guangxi Zhuang Autonomous Region recently issued the Implementation Plan for Guangxi's Special Action to Boost Consumption. It mentions intensifying and expanding support for trade-in of vehicles, home appliances, home furnishing, kitchen and bathroom products, and e-bikes, as well as subsidies for purchasing new 3C digital products. The scope of subsidies for vehicle scrappage and renewal has been expanded to cover eligible gasoline-powered passenger vehicles meeting China IV vehicle emission standards. The categories of home appliances and home furnishing, kitchen and bathroom products eligible for subsidies have been expanded to 24 and 48 categories, respectively, and the process for applying for and reviewing subsidies has been optimized. In 2025, it is expected to boost the sales of key commodities to over 38 billion yuan, promote the scrappage and renewal of 4,700 old commercial freight vehicles, the renewal of 400 new energy city buses, the replacement of power batteries in 700 new energy city buses, and the scrappage and renewal of 2,500 sets of old agricultural machinery.

[Guangxi Adds New PV Glass Furnace to Start Production] SMM News: Today, a new 1,200 mt/day furnace in Guangxi started production. After the start, the PV glass furnace capacity in Guangxi will reach 10,400 mt/day. Another furnace is expected to start production later. In H1, the newly added glass furnaces have been steadily increasing production.