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China’s East Hope Group investment to fuel green aluminium boom in Kazakhstan
09 JUN 20253MINS

China’s East Hope Group investment to fuel green aluminium boom in Kazakhstan

In a landmark move, China’s East Hope Group (EHG), one of the world’s leading non-ferrous metals conglomerates, has unveiled plans to invest over USD 12 billion in Kazakhstan’s green aluminium and non-ferrous metals sector. The announcement came following high-level talks on February 17, 2025,...

Overview of China's alumina production in May 2025 and forecast for June
07 JUN 20252MINS

Overview of China's alumina production in May 2025 and forecast for June

According to SMM data, China's metallurgical-grade alumina production in May 2025 (31 days) increased by 2.66 per cent M-o-M and 4.06 per cent Y-o-Y. As of the end of May, China's existing capacity for metallurgical-grade alumina was approximately 110.82 million tonnes, while the actual operating...

Aluminum fluoride prices continued to weaken in June as trapped in a pattern of weak supply and demand, situation unlikely to change in the short term
06 JUN 20254MINS

Aluminum fluoride prices continued to weaken in June as trapped in a pattern of weak supply and demand, situation unlikely to change in the short term

During the May 9 to June 6 period, aluminium fluoride prices continued to weaken. As of now, SMM aluminium fluoride prices closed at RMB 9,630-9,900 per tonne, and SMM cryolite prices were quoted at RMB 7,500-9,500 per tonne. On the raw material side, for fluorspar, the current delivery-to-factory...

Aluminium premiums in east China continue to narrow, with market focused on cargo shipments
06 JUN 20252MINS

Aluminium premiums in east China continue to narrow, with market focused on cargo shipments

Today, SHFE aluminium futures fluctuated in the morning session. The impact of yesterday's Sino-US tariff developments was not evident in the futures market. The fundamental factors were mixed, leading to overall market volatility. In terms of spot market performance, the spot market in east China...

China’s clean energy investment push surpasses the US and EU, driven by USD 1T net-zero vision
05 JUN 20255MINS

China’s clean energy investment push surpasses the US and EU, driven by USD 1T net-zero vision

We are already well-versed in the fact that China is the top country which invests in and consumes energy. As of 2025, China is expected to indulge in higher spending on energy than the US and EU combined. Moreover, in the past few years, China has securely moved their investment in global clean...

Manufacturing and export activities slow in Asia’s Big Three - Trump tariffs in the crosshairs
04 JUN 20255MINS

Manufacturing and export activities slow in Asia’s Big Three - Trump tariffs in the crosshairs

Already strained by the United States’ 25 per cent import tariffs, East Asian economies like China, Japan and South Korea are now bracing for even higher uncertainty as Washington eyes a steep 50 per cent duty. Reports show that all the three economic powerhouses experienced subdued export orders...

Inventory drawdown in major consumption regions supports aluminium prices at SMM
04 JUN 20252MINS

Inventory drawdown in major consumption regions supports aluminium prices at SMM

Today, SHFE aluminium fluctuated upward in the morning session. Outflows from warehouses were good in major consumption areas. In terms of spot market performance, spot aluminium in eastern China performed moderately, with a focus on selling. High premiums loosened somewhat, and early in the...

Profitability improves: China's operating alumina capacity in metallurgy expected to rebound in June
03 JUN 20252MINS

Profitability improves: China's operating alumina capacity in metallurgy expected to rebound in June

According to SMM data, China's metallurgical-grade alumina production in May 2025 (31 days) increased by 2.66 per cent M-o-M and 4.06 per cent Y-o-Y. As of month-end May, China's existing capacity for metallurgical-grade alumina stood at approximately 110.82 million tonnes, with actual operating...

Weak domestic demand affected most PMI of downstream aluminium processing, with significant structural differentiation
02 JUN 20258MINS

Weak domestic demand affected most PMI of downstream aluminium processing, with significant structural differentiation

The composite PMI for the aluminium processing (including downstream) industry in May was recorded at 49.8 per cent, approaching the 50 mark but remaining in contraction territory. It fell by 1.8 percentage points M-o-M and increased by 8.7 per cent Y-o-Y. By sector, in May, the domestic aluminium...

In May, the surplus pattern of bauxite continued, with inventory buildup of bauxite both in alumina refineries and ports
02 JUN 20252MINS

In May, the surplus pattern of bauxite continued, with inventory buildup of bauxite both in alumina refineries and ports

In terms of domestic bauxite supply, according to SMM calculations, China's bauxite production in May 2025 (31 days) increased by 5.0 per cent M-o-M and 19.1 per cent Y-o-Y. It is understood that in the coming period, some mines are undergoing environmental protection inspections, which may...

Trump doubles aluminium and steel tariffs to 50% - how long will it last amid global pushback and renegotiation calls?
02 JUN 20256MINS

Trump doubles aluminium and steel tariffs to 50% - how long will it last amid global pushback and renegotiation calls?

The global aluminium and steel industries are in for another jolt as US tariffs take a sharp new turn. Just a day after a Federal Court ordered a halt to the implementation of tariffs, sending through global optimism, President Donald Trump reversed course dramatically. Not only did he secure a...

Here’s how UP Fintech’s Q1 2025 performance signals a fintech power shift in global
31 MAY 20255MINS

Here’s how UP Fintech’s Q1 2025 performance signals a fintech power shift in global

UP Fintech Holding Ltd., better known as Tiger Brokers, has roared into 2025 with a results sheet that not only redefines its growth narrative but signals a paradigm shift in how next-generation fintech platforms are competing for global capital and investor mindshare. For a company that began its...

China bets on IB2 to secure its bauxite future
31 MAY 20253MINS

China bets on IB2 to secure its bauxite future

Amid growing concerns over its reliance on imported bauxite, China is quietly adjusting its industrial strategy. Several major aluminium producers are now turning to IB2, a French technology co-developed by entrepreneur Romain Girbal and chemist Yves Occello, to tap into the country’s vast but...

Import window closed, net imports of aluminium hit new high in April
31 MAY 20253MINS

Import window closed, net imports of aluminium hit new high in April

Primary Aluminium Imports: According to data from the General Administration of Customs, domestic primary aluminium imports in April 2025 reached approximately 250,500 tonnes, up 12.8 per cent M-o-M and 14.6 per cent Y-o-Y. From January to April, cumulative primary aluminium imports totaled about...

The market has strong expectations for alumina production resumptions, and the first pullback in alumina futures prices may drive spot cargo prices weaker
31 MAY 20255MINS

The market has strong expectations for alumina production resumptions, and the first pullback in alumina futures prices may drive spot cargo prices weaker

Futures Market: Overnight, the most-traded alumina 2509 futures contract opened at RMB 2,952 per tonne, with a high of RMB 2,986 per tonne, a low of RMB 2,941 per tonne, and closed at RMB 2,954 per tonne, down RMB 10 per tonne or 0.34 per cent, with an open interest of 353,000 lots. Ore: As of May...

Aluminium slips as WBMS reports Q1 surplus of 538,700 tonnes on global output rise
30 MAY 20252MINS

Aluminium slips as WBMS reports Q1 surplus of 538,700 tonnes on global output rise

Aluminium prices slipped by 0.48 per cent, settling at ₹236.45 (USD 2.85), as seasonal domestic weakness and ongoing global trade uncertainties continued to dampen market sentiment. Despite the bearish trend, downside pressure is limited with a rise in alumina prices, driven by supply constraints...

Down 5.3% M-o-M, China's aluminium wire and cable exports remained above 20,000t in April
30 MAY 20253MINS

Down 5.3% M-o-M, China's aluminium wire and cable exports remained above 20,000t in April

On May 30, 2025, customs data showed that China's aluminium wire and cable exports reached 21,300 tonnes in April 2025, down 5.3 per cent MoM and up 8.43 per cent YoY. From January to April, cumulative exports totalled 82,800 tonnes, a 16.08 per cent increase from 71,400 tonnes in the same period...

Turkey’s solar strategy at a crossroads: Will anti-dumping move on Chinese aluminium frames hurt more than help?
29 MAY 20254MINS

Turkey’s solar strategy at a crossroads: Will anti-dumping move on Chinese aluminium frames hurt more than help?

Sunday’s report on Turkey initiating anti-dumping probe into Chinese aluminium solar frames imports make both the global aluminium and solar industries wonder 'WHY', given the nation’s growing solar energy capacity. In only two and half years, Turkey’s solar energy capacity surged by 102 per cent...