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Carbon Market Shake-Up Looms: What 'Green Hurdles' Remain for the Steel Industry?

Recently, the Ministry of Ecology and Environment issued the Notice on Effectively Conducting the Work Related to the National Carbon Emission Trading Market in 2026 (hereinafter referred to as the "Notice"). For the first time, four major energy-intensive industries—power generation, steel, cement, and aluminum smelting—have been incorporated into the full-process compliance management of carbon emission allowances.

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新闻

Jereh Group Signs Strategic Cooperation Memorandum with UAE Ministry of Investment Covering Anode Materials and Other Fields

On April 13, 2026, during the visit to China by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, the China-UAE Enterprise Promotion Conference was solemnly held in Beijing. On the sidelines of the conference, Jereh Group formally signed a Memorandum of Strategic Cooperation (MoU) with the UAE Ministry of Investment. This event takes place in the 70th anniversary of the establishment of diplomatic relations between China and Arab states, serving as another strong testament to the sustained and friendly cooperation between the two sides. It will inject strong industrial momentum into advancing the building of a China-Arab community with a shared future for the new era.

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新闻

Rio Tinto Group will cut production at the Yarwun Alumina Refinery by 40%.

Rio Tinto will reduce production at its Yarwun alumina refinery in Australia by 40% starting in October 2026 to extend the facility’s operational life to 2035 and allow time to explore further life-extension and modernization options.

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新闻

Chinese Enterprises Help Indonesia Become a Global Aluminum Industry Giant

Affected by multiple factors—including constraints on domestic production conditions—Chinese enterprises such as Tsingshan Holding Group (led by billionaire Xiang Guangda), China Hongqiao Group, and Nanshan Aluminum (headed by Song Jianbo) have all turned their investment focus toward Indonesia, planning to build new aluminum smelters and refineries there to vigorously expand their overseas aluminum industry footprint.

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新闻

U.S. Aluminum Industry in 2026: Diverging Demand and Mixed Outlook

On Tuesday, February 3, 2026, industry leaders at the S&P Global Aluminum Symposium stated that U.S. aluminum demand from packaging, electrical applications, and data centers is driving growth for aluminum producers, while demand from construction and automotive manufacturing sectors is declining.

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新闻

Nanshan Aluminum Plans to Invest $437 Million in an Aluminum Electrolysis Project in Indonesia

Nanshan Aluminum announced that the Company plans to establish, in Indonesia, a project subsidiary named PT. HEAI through its controlled subsidiary Nanshan Aluminum International and its indirectly wholly-owned subsidiary Shengshi Asia, in joint venture with Shengshi Aluminum. PT. HEAI will undertake an electrolytic aluminum production project with an annual capacity of 250,000 metric tons. This project represents a significant step in the Company’s global expansion strategy. The total investment for the project is approximately USD 437 million (RMB 3.056 billion). Shengshi Asia will hold a 99% equity stake, while Shengshi Aluminum will hold the remaining 1%. The construction period is scheduled to last two years, and the initial product output will be molten aluminum intended for further deep processing.

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