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Xiaomi bets on 100% recycled aluminium with Titan Alloy 2.0 as EV margins face pressure
07 Jul 20263MINS
Recycled AL
Xiaomi has introduced what it describes as China's first mass-produced structural aluminium alloy made entirely from recycled aluminium for electric vehicles (EVs), marking another step towards lower-carbon manufacturing. The new material, called Titan Alloy 2.0, has entered series production and is being used in the integrated die-cast rear floor assemblies of the company's SU7 and YU7 models. Xiaomi unveils recycled aluminium-made Titan Alloy 2.0 According to Xiaomi, the alloy is manufactu ...
Domestic and Ex-China aluminium prices consolidate at lows and recover; Destocking tailwinds offset Ex-China capacity headwinds
07 Jul 20268MINS
Primary AL
Futures: The most-traded SHFE aluminium contract opened at RMB 22,850 per tonne in the night session on July 6, reached a highest price of RMB 22,950 per tonne, a lowest price of RMB 22,790 per tonne, and finally closed at RMB 22,900 per tonne, up 0.07 per cent from the previous close. During this period, the price rebounded from the recent low of 22,250, repairing with a small bullish candlestick, and stood above MA5 (22,823.05), but still traded below all the medium and long-term moving ave ...

07 Jul 20262MINS
Downstream
Skanska has been awarded a contract worth around NOK 1.1 billion (USD 111 million) by Hydro to build a new aluminium wire rod production plant at Hydro's existing Karmøy site in Norway. The new facility will have an annual production capacity of 110,000 tonnes of aluminium wire rod and is scheduled for completion in March 2028. The project includes the construction of a new production building housing furnaces and a wire rod production line, along with maintenance facilities, storage areas an ...
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