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China Exports Record 448,000 Electric Vehicles in May as ASEAN Accelerates Electrification
27 Jun 20263MINS
End User
China's electric vehicle (EV) exports reached a record USD 9.2 billion in May 2026, up 49 per cent from a year earlier, as demand from the Association of Southeast Asian Nations (ASEAN) continued to grow, according to data released by energy think tank Ember. The figure exceeded the previous monthly record of USD 9.1 billion set in April 2026. During May, China exported about 448,000 electric passenger vehicles, including around 279,000 battery electric vehicles (BEVs) and 169,000 plug-in hyb ...
Aluminium processing rates fall to 63 per cent amid seasonal slump and export woes
27 Jun 20268MINS
Primary AL
This week, the operating rate at China's leading downstream aluminium processing enterprises came in at 63 per cent, down 0.4 percentage points M-o-M. Weighed down by the deepening seasonal off-season across the sector, downstream purchase willingness was broadly subdued, and operating rates across most segments remained under pressure. Primary aluminium alloy held steady at 59.4 per cent, as enterprises mainly focused on executing existing long-term contracts, with no release of new spot ord ...

26 Jun 20266MINS
Sustainability
The global aluminium industry is entering a decade of unprecedented demand, and so is the European aluminium sector. Global aluminium demand is set to surge, driven by electric vehicles, renewable energy, construction and sustainable packaging. A similar situation is noted in Europe, as EV growth alone can drive demand up 30 per cent by 2040. For Europe, however, meeting this demand is challenging. As primary aluminium production declines rapidly amid high energy costs, recycling is gaining mo ...
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