At the 2025 SMM (2nd) Global Recycled Metal Industry Chain Summit - Main Forum hosted by SMM Information & Technology Co., Ltd., Dr. Somthai Wongcharoen, Secretary General of the ASEAN Institution of Recycling (AIR), shared insights on the topic of "Green Transformation and Sustainable Development Prospect of Thailand's Recycled Metals Industry."

As the world places greater emphasis on sustainable development, the recycling and reuse of metal resources not only effectively reduces resource waste but also mitigates environmental pollution, thereby promoting a green transformation of the economy.

On June 13, the 2025 SMM (2nd) Global Secondary Metals Industry Summit Forum , hosted by SMM, successfully concluded at the Hyatt Regency Bangkok Sukhumvit! The event brought together industry representatives and experts from multiple regions and countries, including India, the Middle East, Southeast Asia, Europe, and Africa. They engaged in brainstorming sessions on hot topics such as changes in the global supply-demand pattern of the secondary metals industry, global secondary metals industry development trends and challenges from a Middle Eastern perspective, in-depth analysis of the strengths and challenges in India, the Middle East, Europe, and Southeast Asia, the battery resource market in Southeast Asia: supply chain dynamics, the current situation and future challenges of the secondary lead industry in Southeast Asia, the development of the global secondary metals supply-demand pattern from an Indian perspective, and secondary copper and aluminum scrap yards: innovative recycling and sorting technologies to support the industry's green and carbon-reduction journey. Cui Suoye, Director of SMM Nonferrous Consulting, shared insights on the topic of "changes in the global supply-demand pattern of the secondary metals industry." Regarding secondary aluminum, he stated that over the past decade, the proportion of secondary aluminum production in developed countries such as North America, South America, Europe, and Japan has been significantly higher than that in developing countries. As developing countries benchmark against developed countries, their future potential for aluminum scrap demand will be even more substantial. From 2022 to 2042, SMM expects the compound annual growth rate (CAGR) of extruded aluminum scrap to reach approximately 5%. By 2042, extruded aluminum scrap is projected to account for about 33% of total aluminum scrap. Regarding secondary copper, he mentioned that SMM forecasts the global copper scrap market size to grow at a CAGR of 4.2% from 2024 to 2030. Wu Xiaoyun, Chairman of the Beijing-Tianjin-Hebei Lead-Acid Battery Industry Alliance, shared his views on "the current situation and transformation path of the secondary lead industry in Southeast Asia." He emphasized that the construction of a recycling system is closely linked to the healthy development of the secondary lead industry. The healthy development of the secondary lead industry relies on mutual support across the industry chain, rational government planning and policy support, as well as industry self-discipline and self-regulation. Xie Xiaoying, Director of Sustainable Development Business at Shanghai Lvran Environmental Information Technology Co., Ltd., introduced the topic of "the development path of the global secondary metals industry driven by the ESG context." She pointed out that despite the numerous challenges faced by the secondary metals industry, investing in advanced technologies can effectively handle various complex materials while reducing processing costs. To ensure supply chain reliability, manufacturers may adopt vertical integration strategies in key markets, which, however, will increase operational costs. In addition, the price of scrap metal is usually referenced against the market price of the relevant primary metal. Carbon pricing and the Carbon Border Adjustment Mechanism (CBAM) can help enhance the economic benefits of underutilized scrap metal resources. 》Click to view the live photo stream link 》Click to view the special coverage of this conference Opening Remarks Speakers: Fan Xin, Chairman of SMM Li Shilong, President of China Renewable Resources Industry Technology Innovation Alliance Award Ceremony Main Forum Guest Speeches Speech Topic: Green Transformation and Sustainable Development Prospects of Thailand's Recycled Metal Industry Guest Speaker: Secretary General of ASEAN Institution of Recycling (AIR) Dr. Somthai Wongcharoen The Thailand Recyclers Trade Association is composed of major recycling enterprises in Thailand, including smelting companies, wholesale collection enterprises, and import-export companies. In terms of metal scrap, association members handle high-value metals such as copper, primary aluminum, lead, as well as lead-acid batteries and EV batteries. Additionally, they also recycle electronic waste, such as PCB boards, extracting precious metals like gold, palladium, and copper. Enterprises within the association recognize the importance of the recycled metal industry to Thailand's future development, making metal recycling models very popular domestically. By relying on renewable resources, Thailand is expected to effectively address the challenges posed by climate change. 》Green Transformation and Sustainable Development Prospects of Thailand's Recycled Metal Industry Speech Topic: Strengthening International Exchanges to Promote Green Development of China's Non-Ferrous Recycled Metals Guest Speaker: Li Shilong, President of China Renewable Resources Industry Technology Innovation Alliance Interview with Top Entrepreneurs in the Recycled Metal Industry Moderator: Li Shilong, President of China Renewable Resources Industry Technology Innovation Alliance Guests: Zhu Zhanhong, HR and Administrative Director of Daizheng Daji Metal (Thailand) Co., Ltd. Zhang Junbing, Global Procurement Director of Hailiang Group Co., Ltd. Qin Xinghong, General Manager of P.C. WOOD PRODUCTS CO., LTD. Liu Qingcheng, Deputy General Manager and Director of Thai-Chinese Non-Ferrous Metals International Co., Ltd. Speech Topic: The Path to Global Development of the Recycled Metal Industry Driven by the ESG Context Guest Speaker: Xie Xiaoying, Director of Sustainability Business at Shanghai Lvran Environmental Information Technology Co., Ltd. Key ESG Risks Environment: Heavy metal pollution, water scarcity, climate impacts, waste. Social: Land/resettlement conflicts, labor rights, community health and safety. Governance: Compliance gaps, ethics, weak grievance mechanisms. ESG Accelerator Highlights the factors driving ESG compliance and sustainability (investors, regulations, and supply chains). Recycled Metals Emphasizes the role of recycled metals as a core ESG solution. Remaining Challenges Obstacles still hinder the full implementation of ESG, such as gaps in metal recycling technology, supply stability issues, and the lack of pricing mechanisms to calculate ESG value. The Path to Global Secondary Metals Industry Development Driven by the ESG Context Speech Topic: Changes in the Global Supply-Demand Pattern of the Secondary Metals Industry Guest Speaker: Cui Suoye, Director of SMM Nonferrous Consulting Cui Suoye, Director of SMM Nonferrous Consulting, shared insights on the topic of "Changes in the Global Supply-Demand Pattern of the Secondary Metals Industry." Regarding secondary aluminum, he stated that over the past decade, the proportion of secondary aluminum production in developed countries such as North America, South America, Europe, and Japan has been significantly higher than that in developing countries. For developing countries, benchmarking against developed countries, the future potential for aluminum scrap demand will be even more substantial. From 2022 to 2042, SMM expects the compound annual growth rate (CAGR) of extruded aluminum scrap to reach approximately 5%. By 2042, extruded aluminum scrap is expected to account for about 33% of total aluminum scrap. Regarding secondary copper, he mentioned that SMM forecasts the global copper scrap market size to grow at a CAGR of 4.2% from 2024 to 2030. Secondary Aluminum Over the past decade, the proportion of secondary aluminum production in developed countries such as North America, South America, Europe, and Japan has been significantly higher than that in developing countries. Similarly, for developing countries, benchmarking against developed countries, the future potential for aluminum scrap demand will be even more substantial. According to SMM, China, the US, Europe, and India are the major aluminum scrap-producing regions, accounting for approximately 80% of the total. Benefiting from global carbon reduction policies, recycling systems in various countries are continuously improving. In the future, aluminum scrap production will continue to grow. According to SMM data, in 2022, the production of rolled aluminum scrap exceeded that of extruded and cast aluminum scrap, becoming the highest among the three types of aluminum scrap. However, it is expected that extruded aluminum scrap will grow at the fastest rate in the future. From 2022 to 2042, SMM expects the CAGR of extruded aluminum scrap to reach approximately 5%. By 2042, extruded aluminum scrap is expected to account for about 33% of total aluminum scrap. SMM: Analysis of the Global Supply-Demand Pattern of the Secondary Metals Industry - The Market Size of Secondary Copper and Aluminum Will Continue to Rise Speech Topic: Global Secondary Metals Industry Development Trends and Challenges from a Middle Eastern Perspective Guest Speaker: Sanjeev Phadke, Financial Controller and Executive Committee Member of the Middle East Recycling Bureau Exploring the Global Secondary Metals Market: An In-depth Analysis of Strengths and Challenges in India, the Middle East, Europe, and Southeast Asia Moderator: Fan Xin, Chairman of SMM Guests: Metalcom Ltd. General Manager Mr. Kittipot Thanalertlap CEO of Dr. Recycling, Tan Tian Director of DIMEXA HOLDINGS PTE. LTD., WENCESLAO MANZ Financial Controller and Executive Committee Member of the Middle East Recycling Bureau, Sanjeev Phadke June 13 Battery Recycling Forum Southeast Asian Battery Resource Market: Supply Chain Dynamics Moderator: Cui Suoye, Director of SMM Nonferrous Consulting Guests: Sujin Kim, Global Business Development Director of BatX Energies Wu Xiaoyun, Chairman of the Beijing-Tianjin-Hebei Lead-Acid Battery Industry Alliance Zhao Bin, President of the Thai-Chinese Rayong Industrial Zone Chen Wenkai, Chairman of the Malaysia Nonferrous Metals Association (MNMA) Shen Juan, Purchasing Director of Jingjiu Group Speech Topic: Current Status and Future Challenges of the Southeast Asian Secondary Lead Industry Guest Speaker: Wu Xiaoyun, Chairman of the Beijing-Tianjin-Hebei Lead-Acid Battery Industry Alliance I. Overview of the Current Status of the Southeast Asian Secondary Lead Industry I. Current Status of the Southeast Asian Secondary Lead Industry 1. Severe Imbalance in Supply and Demand Demand Side: Demand for lead-acid batteries: starting batteries (with an ownership of over 40 million units) and motorcycle power batteries (with an ownership of 250 million units), as well as demand for backup power supplies for 5G base station construction (ESS batteries). Supply Side: The local secondary lead production capacity is severely insufficient, with an annual shortfall of 150,000 mt in Vietnam (self-sufficiency rate of only 42%) and 80,000 mt in Indonesia (self-sufficiency rate of 65%), relying on imported lead ingots to fill the gap. Raw Material Bottleneck: Scrap lead-acid batteries are difficult to recycle across borders due to restrictions under the Basel Convention, resulting in an annual loss of approximately 600,000 mt of lead. The utilization rate of secondary lead production capacity is only 50%. 2. Environmental Protection and Technological Challenges ESG compliance costs in Malaysia have increased by 30%, with small and medium-sized factories investing over $5 million annually in environmental protection. Thailand/Indonesia will ban the import of lead-containing plastic residues in 2025, exacerbating the shortage of raw materials. A high proportion of low-purity secondary lead (60% of inventory in Malaysia has a purity of 3. Intensified Regional Competition Chinese battery companies have deployed a production capacity of 1 million mt, driving up the local scrap battery acquisition premium to 120% of the Chinese market price. 》Wu Xiaoyun: Current Status and Path to Transformation of the Southeast Asian Secondary Lead Industry Speech Topic: Improving the Battery Recycling System Driven by the Market Growth of EVs in Southeast Asia Guest Speaker: Luo Tieying, President of Jinchi Industrial Park Speech Topic: Exploring Africa: Opportunities for Sustainable Expansion and Raw Material Investment Guest Speaker: Yousef Al Sharif, Director of the African Recycled Metals Association/Al Sharif Metal Secondary Copper and Aluminum Forum Speech Topic: Global Impact of Changing Trade and Tariff Policies in the US Guest Speaker: Adam Shaffer, VP of the Institute of Scrap Recycling Industries (ISRI) Speech Topic: SMM Serving the Global Secondary Copper and Aluminum Metal Market Guest Speaker: Zhang Xiaoyao, Project Leader of SMM Recycling Conference Speech Topic: Global Supply-Demand Pattern Development of Secondary Metals from an Indian Perspective Guest Speaker: Amar Singh, Secretary General of the Material Recycling Association of India Speech Topic: Building a New Cambodia-China Metal Hub - Inviting You to Co-Construct an Overseas Demonstration Industrial Park for Recycling Nonferrous Metals Processing Guest Speaker: Cao Zhuo, General Manager of International Business for the Americas Region of the Cambodia-China Metal Materials Industrial Park Secondary Copper and Aluminum Yard: Innovative Recycling and Sorting Technologies Paving the Way for Green and Carbon-Reducing Industry Moderator: Zhou Bo, Executive Vice President of SMM Guests: Liang Jiali, Deputy General Manager of Foshan Lvtian Environmental Protection Machinery Equipment Co., Ltd. Li Zhiqiang, General Manager of Henan Recycling Technology Co., Ltd. Ye Hangyu, Director of the Foreign Trade Department of Hefei Anjinglong Electronics Co., Ltd. Sun Bolin, Sales Director of Liaoning Pinuo Environmental Protection Technology Co., Ltd. Recommendations for Copper, Aluminum - High-Quality Overseas Yards and Trustworthy Traders, and Batteries - High-Quality Equipment Enterprises Sidelights from the Venue 》Click to View More Sidelights With this, the 2025 SMM (2nd) Global Secondary Metals Industry Summit has come to a successful conclusion. See you next year! 》Click to view the special report on the 2025 SMM (2nd) Global Recycled Metals Industry Summit Forum

After a decade of "simmering," platinum has entered a mode of rushing to buy amid continuous price rise relative to gold, with prices hitting new highs. Through interviews with multiple sources, a reporter from Cailian Press learned that compared to gold's stellar performance in recent years, platinum's former "value trough" is attracting capital inflows. Driven by expectations of supply contraction, jewelers using it as a "flat substitute" for gold, and a significant increase in medium and long-term hydrogen energy demand, the industry generally holds a relatively optimistic outlook for platinum prices in the long term. In the A-share market, shares of platinum industry chain companies such as Sino-Platinum Metals Co., Ltd. (600459.SH), Haotong Technology (301026.SZ), and Huayang New Materials (600281.SH) have strengthened recently, all hovering near their two-year highs. Platinum prices hit a nearly 10-year high Since June, platinum prices have entered a rally mode. According to data from the Chicago Mercantile Exchange, as of June 10, 2025, PLc1 broke through $1,200 per ounce, reaching a nearly 10-year high. As of June 11, the Pt99.95 on the Shanghai Gold Exchange rose by approximately 22% this week. PLc1 price trend. Source: Investing.com "It can be understood as a catch-up rally," Xu Yongqi, chief analyst of metal and new materials at Hua'an Securities, told the reporter. Over the past decade, platinum prices have generally fluctuated considerably. Compared to the strong price trends of gold and silver in recent years, platinum has to some extent formed a "value trough," attracting capital inflows. Zhu Zhigang, director of the Platinum Committee of the Guangdong Gold Association, said in an interview with Cailian Press that the sharp rally in platinum prices in a short period suggests speculative sentiment. Meanwhile, against the backdrop of high gold prices, some upstream merchants in the jewelry market are intentionally increasing efforts to promote platinum as a substitute for gold. A relevant executive from a large domestic jeweler told Cailian Press that since the second half of 2024, the company has been vigorously promoting the sales of platinum series products, as platinum offers higher gross margins compared to gold products. From a fundamental perspective, the continuous pullback in inventory is an important support for the rise in platinum prices. Data from the World Platinum Investment Council (WPIC) shows that global above-ground platinum stocks are expected to fall to 67 mt in 2025, meeting only three months of market demand. In the first quarter of 2025, global total platinum supply fell by 10% YoY to 45 mt, while demand increased by 10% YoY to 71 mt over the same period. In terms of platinum demand structure, automotive catalysts account for 40%, jewelry accounts for 25%, industrial uses (excluding the automotive industry) account for 20%, and investment demand accounts for 9%. Three major A-share platinum industry chain companies In the futures market, shares of Sino-Platinum Metals Co., Ltd., Haotong Technology, and Huayang New Materials in the A-share platinum industry chain have strengthened recently, all hovering near their two-year highs. It should be noted that currently, there are no domestic A-share companies primarily engaged in platinum ore business. One of the main businesses of the aforementioned three companies is the recycling, processing, and manufacturing of platinum group metals (platinum, ruthenium, rhodium, palladium, osmium, and iridium). A representative from Sino-Platinum Metals Co., Ltd. told a Cailian Press reporter that the company is not a mineral resources company. As the prices of the relevant precious metal raw materials have been hedged, their price changes have relatively small impact on the company. The company's main profits come from the processing fees of various precious metal-related products. In fact, Sino-Platinum Metals Co., Ltd. is a new materials company. In terms of capacity, Sino-Platinum Metals Co., Ltd. has the largest platinum group metal recycling and utilization base in China, with an annual capacity of around 10 mt currently, equivalent to the output of a medium-sized mine. The actual recycling volume in 2024 was nearly 15 mt. A company representative told a Cailian Press reporter that after the second phase of the Yimen Precious Metal Recycling and Processing Project reaches full production, the company will have an annual platinum group metal capacity of about 20 mt. The project has recently entered the final stage of trial production and is gradually transitioning to mass production. Haotong Technology's production has been unstable in recent years, with precious metal recycling production volumes of approximately 110 mt, 234 mt, and 64 mt from 2022 to 2024. Previously, the company stated on an investor interaction platform that it produces platinum, palladium, rhodium, silver, gold, iridium, and ruthenium metals. To avoid excessive exposure of company information and prevent competitors from understanding the company's situation, it has not disclosed specific production data. According to public information, as of the end of 2023, Haotong Technology's processing capacity of spent catalysts containing precious metals was approximately 2,600 mt. The first phase of Haobo New Materials' precious metal secondary resource comprehensive utilization project was designed to process 3,000 t/a of spent automotive catalysts, while the second phase was designed to process 12,000 t/a of spent automotive catalysts and 3,000 t/a of spent agents containing palladium, etc. Haotong Technology previously mentioned in an announcement that the originally planned construction capacity of the aforementioned first-phase project was mainly positioned for spent automotive catalyst recycling. At this stage, a centralized and standardized raw material market for spent automotive catalyst recycling has not yet formed, and the overall development of this market has fallen short of expectations, resulting in the underutilization of some of the company's completed capacities. The company has postponed the date for the entire project to reach the intended usable state to September 30, 2026. An industry chain representative told a reporter that the recycling of platinum group metal scrap is dominated by a seller's market, in a state of full competition. The industry adopts a tendering system, with basically one tender per order. Regarding Huayang New Materials, the company has an annual production capacity of 2,500 kg for platinum mesh products and an annual disposal capacity of 1,000 mt for spent catalysts containing precious metals. The long-term bullish trend remains. Zhu Zhigang stated that if the platinum price can steadily break through the high-pressure level of $1,200/ounce, there is still room for further upside in the future market. Otherwise, it may fall back to around $1,000/ounce again. Meanwhile, attention should also be paid to gold prices, as the price trends of the two metals show a certain degree of convergence. In terms of end-use consumption, industry chain insiders told a Cailian Press reporter that, based on the Shenzhen Shuibei Jewelry Trading Market, platinum series products are currently concentrated in the hands of mid-to-upstream wholesalers, and it will take time for these products to reach end-use consumption, with lower acceptance compared to gold. It is worth noting that platinum inventories among leading jewelry retailers are currently low. Taking Chow Tai Seng (002867.SZ) and CHJ Jewellery (002345.SZ) as examples, as of year-end 2024, platinum products accounted for less than 0.5% of their raw material inventories. An industry insider told a Cailian Press reporter that some upstream enterprises in the jewelry market are actively increasing their marketing efforts for platinum products. Once the market reaches a consensus on buying amid continuous price rise, low inventories will struggle to fully meet demand in the short term, potentially continuing to stimulate platinum price increases. Xu Yongqi stated that, from a fundamental perspective, platinum is in a trend of tight supply and strong demand. Global capital expenditures in the mining sector have declined in recent years, and production has pulled back. In the medium and long-term, global demand for platinum related to hydrogen is expected to grow significantly. Compared to gold or other rare minor metals, the current price increase of platinum is not high. After a decade of stagnation, platinum prices are likely to rise overall in the next three to five years, with the potential to reach $2,000 per ounce. An industry chain insider told a Cailian Press reporter that there is still a certain gap between some of the core technologies of domestic hydrogen fuel cells and those of leading countries such as Japan. The platinum-carbon catalyst in hydrogen fuel cells plays a crucial role in catalyzing discharge, with platinum accounting for about half of the catalyst cost. With the development of China's hydrogen energy industry, there is expected to be a significant increase in platinum demand in the long term. WPIC forecasts that the total platinum supply in 2025 will be at its lowest level in five years, with the expected shortage expanding to 30 mt, marking the third consecutive year of shortage. It is projected that by 2030, global platinum demand from hydrogen energy applications will increase from 1% to 11%.

According to foreign media reports, Samta Metals and Alloys, a subsidiary of India's Samta Group, recently commenced construction of a copper and aluminum recycling plant in Kenitra, Morocco. The total investment in the plant is $70 million, covering an area of 36,600 m². It is expected to commence operations in 2026. The plant will primarily focus on recycling metal scrap and producing copper and aluminum alloys. Located in the "Atlantic Free Zone" of Kenitra, it will utilize renewable energy to produce green metal products. The plant is projected to recycle 19,200 mt of copper scrap and 27,540 mt of aluminum scrap annually. Initially, it will have a capacity to produce 15,000 mt of copper cathode coils and 20,000 mt of aluminum-silicon alloy ingots per year. The target customer base primarily consists of the local automotive, energy, and aerospace industries, aiming to reduce reliance on imported products.

On April 18th, at the AICE 2025 SMM (20th) Aluminum Industry Conference & Aluminum Industry Expo - Global Secondary Aluminum Industry Development Forum , hosted by SMM Information & Technology Co., Ltd. (SMM), SMM Metal Exchange Center, and Shandong Aisi Information Technology Co., Ltd., and co-organized by Zhongyifeng Jinyi (Suzhou) Technology Co., Ltd. and Lezhi County Qianrun Investment Promotion Service Co., Ltd., WENCESLAO MANZANO HERNANDEZ, President of DIMEXA HOLDINGS PTE. LTD., provided an interpretation of Mexico's export policies for secondary metals. Mexico: A Key Trading Partner Mexico is a crucial participant in the global economy, with a Gross Domestic Product (GDP) of $1.79 trillion, making it the world's 12th largest economy. In 2024, Mexico's total trade volume with the US reached $843 billion, becoming the largest trading partner of the US, surpassing Canada and China. In the same year, Mexico's total trade volume with China reached $100 billion. Mexico has the largest number of free trade agreements, with 13 agreements covering at least 50 countries. Main Products Exported by Mexico Automobiles and automotive parts, electronics and electrical equipment, machinery and industrial equipment, mineral fuels and oil, and agricultural products, among others. US-Mexico Trade Relations In 2018, the US imposed tariffs under "Section 232" on steel (with a 25% tariff) and aluminum (with a 10% tariff) imported from multiple countries, including Mexico. ・This raised concerns about damage to the integrated supply chain, particularly in the automotive industry. ・In 2019, the US agreed to remove the "Section 232" tariffs on steel and aluminum imported from Mexico and Canada. ・Part of the purpose of this decision was to facilitate the ratification of the United States-Mexico-Canada Agreement (USMCA). Aluminum Scrap Market ・Mexico exports aluminum scrap to multiple destinations worldwide. ・Single-alloy scrap is mainly exported to the US, Brazil, and Europe. For example, scrap of grades 5052, 6,016, 5,081, 3003, etc. ・Most casting alloys are consumed within Mexico's domestic automotive industry, with only a small amount exported. For example, casting alloys of grades A380, AC12, etc. ・Some other mixed-grade aluminum scrap is exported to Asia. For example, Taint Tabor, aluminum radiators. Copper Scrap Market ・China is by far the largest consumer of copper scrap. ・There is also domestic demand in the US for some higher-grade copper scrap. ・Mexico does not import copper scrap from the US; if copper scrap is imported from the US to Mexico, a 16% VAT is required. Opportunities for Mexico in the Non-Ferrous Metals Market ・Production Growth and Rising Demand. Mexico's expanding manufacturing sector (automotive, electronics) drives production and demand for recycled non-ferrous metals. ・Proximity to the US: Close trade ties with the US facilitate scrap metal trade. ・Increased Recycling Awareness: Growing concerns over environmental issues drive recycling efforts. ・Investment in Advanced Recycling Technologies: In Mexico, there is a growing demand and opportunity to invest in modern technologies for sorting, processing, and refining non-ferrous metal scrap. ・Development of Specialized Recycling Processes: With the growth of industries such as electronics and renewable energy in Mexico, there are opportunities to develop specialized recycling processes for specific non-ferrous metals. For example, recycling of batteries and electronic waste. Challenges for Mexico in the Non-Ferrous Metals Market ・Market Volatility: Similar to global commodities, prices of non-ferrous metals can be volatile, affecting profitability. The Mexican market is guided by the London Metal Exchange but is also influenced by the Chicago Metal Exchange and Midwest Premium in the US. ・Logistics and Infrastructure: Mexico's domestic infrastructure varies, and there are logistical bottlenecks that complicate the collection, processing, and transportation of scrap. ・Regulatory Issues: Evolving or unclear regulations regarding scrap handling, import/export, and environmental compliance can create uncertainty and increase operational costs. ・Quality and Sorting: Ensuring scrap quality and proper sorting is challenging, especially in finding qualified labor. ・Competition: The market may face competition from both domestic and overseas participants, including established recycling companies and the informal sector. ・Economic Uncertainty: Mexico's overall economic conditions, including currency fluctuations and potential economic slowdowns, may affect demand and investment in the industry. ・Safety Concerns: In some regions, safety issues and organized crime may pose risks to companies involved in the collection and transportation of valuable non-ferrous metals. Importance of Establishing Partnerships ・Navigating Regulations and Bureaucracy: Mexico's regulatory environment is complex. Local partners are often more familiar with the rules, licensing requirements, and procedures, which can help streamline business operations and ensure compliance. • Establishing a Local Network: Building partnerships can provide connections to existing networks of suppliers, buyers, and other industry participants. This is crucial for sourcing scrap, selling processed metals, and establishing solid business relationships. DIMEXA Dimexa is a leading company in Mexico specializing in the management of industrial and post-consumer non-ferrous metal scrap. With 40 years of experience in the market, Dimexa currently sells 300,000 mt of non-ferrous metal scrap annually. • Scrap Metal Management: Dimexa offers comprehensive services, including the collection, processing, and sale of scrap. • National Presence: Dimexa operates 17 scrap recycling yards across Mexico. • Logistics Capabilities: Dimexa has a large fleet of vehicles and containers for efficient collection and delivery of materials. It currently handles an average of 1,000 containers per month. • Focus on Compliance: The company emphasizes adherence to environmental regulations and holds all necessary permits to operate across Mexico. • Market Reach: Dimexa has over 35 years of experience selling to the Chinese market and other international markets. 》Click to view the special report on AICE 2025 SMM (20th) Aluminum Conference & Aluminum Industry Expo

SMM April 10 News: Green Journey, Co-creating a New Chapter in Circular Economy. In the face of global climate change and increasingly scarce resources, sustainable development has become a major challenge for the world. As a key part of the non-ferrous metal industry, the aluminum industry not only drives economic growth but also bears the historical mission of reducing environmental footprints and achieving the goals of "carbon peak" and "carbon neutrality." Against this backdrop, Shanghai and Anhui, as important provinces in east China, are gradually becoming new highlands for the development of the domestic secondary aluminum industry, leveraging their strong industrial base and forward-looking circular economy policies. Secondary aluminum, as a model for energy conservation, emission reduction, and improving resource utilization efficiency, is increasingly highlighting its strategic value. With comprehensive advantages in geographical location, resource aggregation, and policy support, Shanghai and Anhui have attracted numerous secondary aluminum enterprises, forming a complete industry chain from aluminum scrap recycling and processing to high-end aluminum alloy production. To this end, SMM organized a field trip to Shanghai and Anhui's secondary aluminum industry, aiming to gather industry elites, deeply explore the forefront of Anhui's secondary aluminum industry, and jointly discuss the green development path of the secondary aluminum industry. On April 10, SMM and the field trip members visited Anhui Lixing Aluminum Technology Co., Ltd. for exchanges. Company Profile Anhui Lixing Aluminum Technology Co., Ltd. was established on February 17, 2020, with its registered address at No. 1 Lixing Road, Wanzi District, Wuhu City, Anhui New Wuhu Economic Development Zone. Its business scope includes the manufacturing and sales of aluminum alloy rods, aluminum alloy ingots, liquid aluminum alloys, aluminum extrusions, aluminum alloy wheel hubs, and aluminum alloy die-castings, as well as related technical services and technology transfer; recycling, processing, and treatment of non-ferrous metal scrap; the company invested 800 million yuan to build a new project titled "Aerospace Aluminum Alloy New Materials, Lightweight Automotive Wheel Hub Production, and Solid Sodium Aluminate Processing Project." Upon completion, the project will produce 170,000 mt of aerospace aluminum alloy new materials, 3 million lightweight automotive wheel hubs, and 25,000 mt of aluminum ash comprehensive treatment annually. The company was established in 2020 and successively passed the necessary pre-production procedures such as energy assessment, environmental assessment, safety assessment, and trial production plan. The company entered the trial production phase on February 26, 2023. Advantage Analysis 1. Geographical (Cost) Advantage: Within a 50-kilometer radius of our company, there are multiple raw material supply points, such as Anhui Shengxin Aluminum Group Co., Ltd. and Xuancheng Huilu Aluminum Co., Ltd., allowing us to obtain raw materials at lower costs. 2. Product Variety Advantage: Our company specializes in producing 36 specifications of wrought aluminum alloy rods from the 1-series to the 7-series, as well as various standard and special grades of aluminum alloy ingots. With a rich product variety, we can meet customized customer needs and have strong risk resistance. 3. R&D Advantage: Our company has its own R&D team, with 90% of the team members holding bachelor's degrees or higher and possessing years of industry experience, enabling us to meet customer needs in a personalized manner. 4. Production Experience Advantage: Since our company started production in 2010, our production has increased from 10,000 mt/year to 140,000 mt/year. We have summarized various experiences and lessons, forming an internal production process parameter library. We adopt different production processes in different seasons to ensure product stability. Production-Related Equipment Contact: SMM Senior Manager of Non-Ferrous Metals, Shiyang Zhou Contact Information: 18121410342

Introduction: In today's world, where the global goal of carbon neutrality is accelerating, secondary non-ferrous metals are embracing a historic development opportunity. The latest statistics show that for every 1 percentage point increase in China's recycling rate of secondary metals, 23 million tons of carbon dioxide emissions can be reduced. This article will provide an in-depth interpretation of the new 2024 policies on the supervision of secondary metal imports, unveiling the "green customs clearance" secrets within the multinational industry chain. [New Product Access: The Green Revolution of Strategic Resources] Driven by the dual carbon strategy, secondary metals have become the "urban mines" supporting the transformation and upgrading of the manufacturing industry. The newly revised "Technical Specifications for Secondary Metal Raw Materials" not only redefines the raw material classification system but also establishes a digital supervision framework. For importers, it is crucial to grasp the following key elements: Core Advantages The energy consumption of secondary aluminum production is only 5% of that of primary aluminum, and the carbon footprint of secondary copper is 65% less than that of ore-based copper. According to customs data from Q3 2024, the customs clearance time for compliant secondary copper and aluminum imports has been compressed to 3.5 working days, achieving a 400% efficiency improvement compared to ordinary metal scrap. [Key Points of the New Policy: Understanding the Customs' New "Metal Dictionary"] I. Triple Breakthroughs in Catalog Reconstruction 1. Digital Classification Standards Copper-based raw materials : Forming a three-tier gradient of "pure metal wire - mixed granules - refined copper wire nodules" Aluminum alloy family : Subdivided into three series: casting, wrought processing, and engineering pure aluminum Comparison Table of Old and New Catalogs 2. Qualitative Changes in Technical Indicators Adopting the Melt Flow Index (MFI) to replace traditional visual inspection methods and introducing XRF rapid detection technology: Example: Secondary wrought aluminum alloy must meet the following requirements: σb ≥ 180MPa δ5 ≥ 8% Brinell hardness HBW ≥ 45 3. Revolution in Customs Inspection and Testing Developing a "three-dimensional spectral matrix" detection system to achieve: 0.5-second early warning for heavy metal pollution 99.3% accuracy in AI recognition of non-metallic residues Online monitoring of radioactive isotopes [Customs Clearance Tips: Five Essential Strategies for Enterprises] Step-1: Traceability of Cargo Quality Establish a supplier ESG rating system, focusing on verifying: ISO 14064 certification of pre-processing plants Disassembly process monitored by electronic fencing Temperature and humidity sensor data chain during transportation Step-2: Smart Declaration System HS code selection matrix Step-3: Preventive Testing Recommended mandatory testing items for third-party laboratories: Melt Loss Rate (MLR) Three-dimensional distribution scanning of inclusions Pyrolysis gas chromatography of coating substances Step-4: Smart Document Management The blockchain document system must include: Laser traceability QR codes Multi-spectral analysis reports Carbon emission factor calculation sheets Step-5: Emergency Response Plan Reserve a special fund for return shipments. Registered AEO-certified enterprises can enjoy: 50% reduction in deposits Extension of customs payment deadlines to 90 days [Sobering Cases: Warnings of Multi-Million-Dollar Cargo Losses] Scenario 01: The Fatal Moisture Trap In August 2024, a Shenzhen enterprise imported 20 containers of secondary aluminum ingots, neglecting transportation environment monitoring: On-site inspection : Surface moisture content 0.8% → Deep-layer moisture content 11.3% Economic Loss : Port demurrage fees of 480,000 yuan + return shipment costs of 2.2 million yuan Scenario 02: The Butterfly Effect of Concealed Contaminants A hardware factory in Dongguan imported secondary copper granules contaminated with fragments of old circuit boards: Concealed Contaminants : Containing 0.3% lead solder Chain Reaction : Full-line production contamination, breach of a 300 million yuan order Scenario 03: The Abyss of Certification Fraud A Zhejiang trader trusted a forged EN 13920 certificate: Fraud Exposed : The EU registration number did not exist Qualification Loss : Customs credit rating downgraded to D class [Future Smart Manufacturing: The Digital Breakthrough of Secondary Metals] Framework of Smart Import Monitoring System Industry Trend Forecast Mandatory integration with secondary metal blockchain platforms by 2025 Smart container penetration rate to exceed 60% Multi-departmental joint punishment mechanisms to cover the entire supply chain [Strategic Conclusion] Standing at the forefront of global green trade, the import of secondary metals has entered the era of smart supervision. Enterprises urgently need to establish a three-in-one risk control system of "digital certification + process monitoring + smart logistics." Remember: Compliance is not a cost but the core competitiveness of the new era. When you successfully navigate through the policy fog, what you gain is not only customs clearance convenience but also the future code for sustainable development. Extended Thinking How can the RCEP agreement be utilized to obtain tariff preferences for secondary metals? How can Industry 4.0 technologies be deeply integrated with metal recycling?

The CLNB 2025 (10th) New Energy Industry Expo, hosted by Shanghai Metals Market (SMM), will be grandly held at the Suzhou International Expo Center from April 16 to 18, 2025. Concurrent with the expo, there will be 1 main forum and 11 sub-forums, attended by government leaders, academicians from the Chinese Academy of Sciences and the Chinese Academy of Engineering, domestic and overseas scientists, foreign guests from dozens of countries, and leading entrepreneurs from various industries. Witness the gathering of industry leaders, delve into core technologies, listen to expert insights, and interpret market trends. Gather in Suzhou, focus on key issues, and join us in dissecting industry development. This expo covers 6 major exhibition areas, with over 1,300 domestic and overseas exhibitors and participating companies showcasing the entire industry chain of batteries, including power batteries, consumer batteries, energy storage, raw materials, materials, equipment, battery recycling, and new energy vehicles, power tools, electric drives, and the low-altitude economy in the power exhibition area, providing you with a one-stop exhibition experience. Click to fill out the registration form and register immediately to discuss the future development of the new energy industry with industry elites. We look forward to your arrival and to opening this feast of the new energy industry with SMM. At this New Energy Industry Expo, Jiangxi Ganfeng Lithium Group Co., Ltd. will make a grand appearance, discussing industry cooperation, sharing development opportunities, and jointly painting a beautiful blueprint for the new energy industry with peers in the new energy sector. Jiangxi Ganfeng Lithium Group Co., Ltd., Booth No.: F02, cordially invites you to visit the CLNB 2025 New Energy Industry Expo. To further promote the development of the new energy industry, SMM will invite Ganfeng Lithium, Linyang Energy Storage, Zijin Mining, SD Lomon, Guizhou Phosphate Chemical, REPT Battero, and over 34 other leading enterprises in the domestic and overseas new energy industry chain to jointly support the CLNB 2025 (10th) New Energy Industry Expo. As a supporter of CLNB 2025, Jiangxi Ganfeng Lithium Group Co., Ltd. will appear at the CLNB 2025 (10th) New Energy Industry Expo from April 16 to 18. At that time, Ganfeng Lithium will showcase the latest technological achievements and successful application cases in the new energy field, comprehensively demonstrating the company's profound accumulation in technology R&D and strong innovation capabilities to the industry. During the expo, the company will actively promote in-depth exchanges and cooperation with various participants, jointly injecting new momentum into the development of the new energy industry. About Ganfeng Lithium: Creating infinite value with limited resources. Ganfeng Lithium is a world-leading lithium ecosystem enterprise, with businesses spanning the entire value chain from upstream lithium resource development, midstream lithium chemical deep processing and lithium metal smelting, to downstream lithium battery manufacturing and comprehensive recycling of used batteries. Its products are widely used in electric vehicles, energy storage, 3C products, chemicals, and pharmaceuticals. The company was listed on the A-share and H-share markets in 2010 and 2018, respectively (002460.SZ/01772.HK). The company's lithium ore resources are distributed in multiple countries and regions, including Argentina, Australia, Mali, Ireland, Jiangxi, Qinghai, Inner Mongolia, and Hunan in China. It possesses industrial technologies for "brine lithium extraction," "ore lithium extraction," and "recycling lithium extraction." The company is the world's largest lithium metal producer and the largest lithium compound supplier in China, with the production capacity of over 40 products in five major categories. Its rich product portfolio has earned it the title of "Global Lithium Supermarket," and it holds leading market shares in multiple lithium industry products (such as lithium metal and lithium hydroxide). Ganfeng Lithium always takes technological innovation as its core driving force, being the first to achieve the installation and operation of solid-state battery electric vehicles. It has formed a comprehensive recycling and processing capacity of 200,000 mt for retired lithium-ion batteries and metal scrap. It has been selected for the China's Top 500 Private Enterprises and the Fortune China 500 Listed Companies for many consecutive years. Product Introduction: Industrial and Commercial Energy Storage: Adopts modular design, flexible configuration, and easy expansion. In terms of efficiency, the battery cells have a long cycle life, slow attenuation, and excellent performance. In terms of safety, advanced AI big data technology enables early risk prediction, achieving refined management and operation and maintenance of the energy storage system. It covers user-side and industrial and commercial scenarios, and the series can be used in conjunction with PV. It helps customers reasonably configure energy, achieve peak-valley gains, and simplifies operation and maintenance, saving time, effort, and money. Household Series Energy Storage: In terms of household energy storage, the product types cover cabinet-type, wall-mounted, integrated home storage to stackable all-in-one machines and outdoor portable energy storage. With vehicle-grade BMS protection, the product system is safe and flexible. The battery cells have a long cycle life, slow attenuation, and excellent performance. Combined with PV inverters and solar panels, it can form a local energy network. The battery BMS can communicate with the inverter, being intelligent, efficient, safe, and reliable. The overall structure is compact and easy to install, supporting WIFI remote control. It can also be customized to meet the different needs of household energy storage, industrial and commercial energy storage, and other scenarios. Battery-Grade Lithium Hydroxide, Battery-Grade Lithium Carbonate: Ganfeng series lithium compound products are core raw materials for power batteries and other products. Ganfeng lithium hydroxide and lithium carbonate have completed carbon label certification, which helps in the carbon emission statistics of the entire life cycle of new energy products such as electric vehicles, contributing to the national "dual carbon" goals. Ganfeng Lithium is the drafter of national standards such as "Lithium Hydroxide Monohydrate" (GB/T 8766-2013) and supplies high-quality lithium compound products to internationally renowned battery manufacturers and automotive companies. High Specific Energy Lithium Metal Battery: The high specific energy battery developed by the company has an energy density of 420Wh/kg, a cycle life of over 700 times, and a sample with an energy density of 500Wh/kg has been developed, which can pass stringent safety tests such as 200℃ hot box and needle puncture. 314Ah LFP Energy Storage Battery Cell: Manufactured in accordance with vehicle-grade quality standards, the cycle times exceed 6,000, effectively reducing the cost and integration difficulty of the energy storage system. It has passed multiple safety certifications such as GB36276, UL1973, UL9540A, and IEC62619, meeting the application needs of various scenarios and ensuring the safety and reliability of the battery cell throughout its life cycle. Ganfeng's large-scale energy storage products have been successfully grid-connected in multiple projects, such as the 15MW/30MWh project in Lixian, Gansu, the 50MW/100MWh project in Xiantao, the "fire, wind, light, storage, manufacturing, and research" energy storage system project in Tongliao, Inner Mongolia, and the 10MW/54.2MWh user-side commercial energy storage project in Jiangsu. [CLNB 2025—Hot Registration in Progress] CLNB 2025 (10th) New Energy Industry Expo, April 16-18, 2025, Suzhou International Expo Center.

In the upcoming year of 2025, we anticipate that the global economy will face a series of complex and volatile challenges. With the US presidential election concluded, the uncertainty of global trade policies will further increase, presenting new issues for international trade cooperation. In the geopolitical arena, ongoing conflicts and tensions show no significant signs of easing, posing threats not only to global security but also significantly impacting resource allocation and industrial layout. Against this macro backdrop, industrial relocation and supply chain restructuring have become key topics that we must closely monitor. At the industrial level, the trend of protectionism in mineral resources is on the rise, directly affecting the stability of global copper concentrate TCs. With the rapid expansion of global smelting capacity, the profit margins of copper smelters are further compressed, and the challenges faced by the industry are becoming increasingly severe. In the field of secondary copper raw materials, the advancement of Environmental, Social, and Governance (ESG) standards and the "Dual Carbon" goals have significantly increased market attention to secondary copper. However, the "Reverse Invoice" policy implemented in 2024 and the "Fair Competition Regulations" have had a profound impact on the secondary copper industry. Looking ahead to 2025, the changes in the landscape of the secondary copper industry will have a critical impact on the entire copper industry chain. Additionally, with the cancellation of tax subsidies and other incentive measures, the space for copper cathode trade will further narrow. We expect that the procurement ratio of copper semis between traders and smelters will show a more pronounced differentiation. In this context, the "CCIE 2025 SMM (20th) Copper Conference and Copper Industry Expo" hosted by SMM will be held in Nanchang, Jiangxi from April 22-25, 2025. Jiangxi Xinyan Copper Co., Ltd. is honored to participate in this conference. We will adhere to our original intention of learning and exchange, closely follow the pulse of industry development, and continue to explore the path of technological innovation and industrial upgrading. We look forward to discussing development and planning the future with industry peers. We sincerely invite you to join us in Nanchang for discussions and exchanges. Click the registration form to register for the conference immediately, and we look forward to meeting you at the conference. Booth number: C13. Winning with Wisdom, Achieving the Future. Jiangxi Xinyan Copper Co., Ltd. is located in the Industrial Park of Yanshan County, Shangrao City, Jiangxi Province, in the ancient town of Hekou, the first town of the Ten Thousand Miles Tea Road. It was registered and established on October 24, 2016, with a registered capital of 88 million yuan, covering an area of over 60,000 square meters, and currently has more than 200 employees. 1. Company Overview Jiangxi Xinyan Copper Co., Ltd. is a manufacturing enterprise specializing in the processing of non-ferrous metal rolling, metal material manufacturing, and the processing of metal scrap and debris. The company mainly engages in copper processing, copper semis products, production, processing, and sales of non-ferrous metal materials; recycling of renewable resources; and self-operated and agency import and export of various goods and technologies. The company has independently developed and produced dozens of products such as copper rods, copper wires, copper busbars, and copper billets, which are sold nationwide. Xinyan Copper aims to build a modern technology enterprise that is "green, safe, and environmentally friendly," united and working together. The company has obtained ISO14001 environmental management system certification, ISO9001 quality management system certification, 10 utility model patents, and two invention patents. The current annual production capacity has reached 120,000 mt, with annual revenues exceeding 4 billion yuan. The company has been honored as a major taxpayer in Yanshan County, a social responsibility enterprise in Shangrao City in 2024, and has been consecutively ranked among the top 100 private enterprises in Jiangxi and the top 100 manufacturing private enterprises in Jiangxi for four years. The company possesses the most advanced machinery and equipment in the country, adopting the most advanced technologies. Through processes such as open-hearth furnace, continuous casting and rolling, up-drawing, and down-drawing, using waste wires and cables as the main raw materials, the company produces standardized copper rods, copper wires, copper busbars, and copper billets. The raw materials used in this process can significantly reduce product costs and improve the utilization rate of metal resources. The entire production line is fully automated, requiring fewer operators, greatly saving labor and raw material costs, making the company's products highly competitive in the market. The company's products are widely used in wires, cables, electrical appliances, electrical cabinets, vacuum switches, NEVs, various circuit breakers, and various electronic components, with extensive applications and a large market demand space. 2. Company Development Goals With the development of the enterprise, we will continuously update and upgrade our products. In the future, we will further expand our development space, adding products such as copper pipes, copper plates, and copper foil on the basis of our existing products. We will establish more subsidiaries in the future, aiming to create the first brand in China's copper industry and realize the dream of standing at the height of the global economy. 3. Company Strategic Positioning The company follows the strategic goal of "creating superior copper industry and high-quality development of copper processing," adhering to the principles of "high starting point, high technology, high quality, and high efficiency," and adopts advanced, mature, and reliable production processes both domestically and internationally, making our products popular nationwide. The company advocates energy conservation and environmental protection, saving existing energy consumption, promoting environmentally friendly new energy, and benefiting society. Contact Information Ye Huarong 18758833888 SMM Conference Contact Zhang Wencheng 18766457954 zhangwencheng@smm.cn