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Aluminum Corporation of China (601600.SH): In October, the company's alumina production capacity utilization rate was approximately 90%.
Gelonghui December 3rd | Aluminum Corporation of China (601600.SH) stated on the interactive platform that the alumina production capacity was operating at approximately 90% in October.
Sinolink Securities: The dividends of the supply reform for basic metals are being realized, and a long-term bullish outlook for the aluminum industry is expected.
It is expected that by 2025, the global aluminum oxide production will increase by 6.5 million tons year-on-year. As overseas bauxite gradually brings in incremental supply, the tight supply issue of aluminum oxide is expected to ease in 2025. However, the new aluminum oxide production capacity is concentrated in the first half of the year, and a phased supply-demand mismatch in raw materials is anticipated.
Sinolink: 25-year supply-side reform dividend realized, aluminum industry is expected to have a long bull market, copper prices may have strong support.
It is expected that the supply-demand conflict will become more pronounced in 2025, with low inventory and expected growth in demand likely to expand the upward space for aluminum prices, and per ton profit for aluminum is expected to increase.
Aluminum stocks have collectively risen, with rusal (00486) up 3.53%. Institutions indicate that the peak impact of the real estate industry on aluminum demand has passed.
Jinwu Finance News | Aluminum stocks have risen collectively, with Rusal (00486) up 3.53%, aluminum corporation of china (02600) up 2.38%, and chinahongqiao (01378) up 1.76%. Guosen's research reports indicate that aluminum alloy materials have balanced performance, and their large-scale application has been relatively late, with new application areas constantly being explored, leading to a demand potential that was once underestimated. The bank believes that the peak impact of the real estate industry on aluminum demand has passed, and it will trend toward stability in the future; the substitution of aluminum for copper, steel, and wood is still on the rise, and there is significant potential for per capita aluminum consumption in developing countries, meaning there is still substantial growth space for aluminum demand.
[Hong Kong Stock Connect] Aluminum Corporation of China (02600) acquires assets related to the production line of flat ingots, involving 0.175 billion yuan assets.
Jinwu Financial News | Aluminum Corporation of China (02600) announced the acquisition of related assets from connected parties, including flat ingot production lines located in Guiyang, Xining, and Liancheng, for a total transaction value of 0.175 billion yuan. This acquisition will help to unify ownership and management rights of the assets, further clarify management boundaries, achieve production synergy for electrolytic aluminum and aluminum alloy in affiliated enterprises, and improve asset operation efficiency.
Aluminum Corporation of China (02600.HK) and its subsidiaries plan to acquire high-end manufacturing assets of China Aluminum
On November 28, Glonghui reported that the aluminum corporation of china (02600.HK) announced a transfer agreement on November 28, 2024, under which the guizhou branch, qinghai branch, and Liancheng branch agreed to acquire and the aluminum high-end manufacturing agreed to transfer slab assets, with a total transaction price of approximately RMB 0.175 billion.
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102884128 : getting disappointed with this counter. every day drop.