Aluminum

TIANSHAN ALUMINUM

TIANSHAN ALUMINUM released FY2026 Q1 earnings on April 28 (BJT), actual revenue CNY 8.444 B, actual EPS CNY 0.48 (forecast EPS CNY 0.4776)

Emirates Global Aluminium's Taweelah Base Fully Evacuated

TIANSHAN ALUMINUM released FY2025 Q4 earnings on March 29 (BJT), actual revenue CNY 7.181 B (forecast CNY 8.979 B), actual EPS CNY 0.3193 (forecast CNY 0.3857)

TIANSHAN ALUMINUM released FY2025 earnings on March 29 (BJT), actual revenue CNY 29.5 B (forecast CNY 31.19 B), actual EPS CNY 1.05 (forecast CNY 1.067)

TIANSHAN ALUMINUM released FY2025 Q3 earnings on October 24 (BJT), actual revenue CNY 6.994 B (forecast CNY 8.546 B), actual EPS CNY 0.2813 (forecast CNY 0.3249)

TIANSHAN ALUMINUM released FY2025 9 Months Earnings on October 24, 2025 (BJT) with actual revenue of CNY 22.32 B and EPS of CNY 0.7314

TIANSHAN ALUMINUM released FY2025 Semi-Annual earnings on August 27 (BJT), actual revenue CNY 15.33 B, actual EPS CNY 0.45

TIANSHAN ALUMINUM released FY2025 Q2 earnings on August 27 (BJT), actual revenue CNY 7.403 B (forecast CNY 8.105 B), actual EPS CNY 0.22 (forecast CNY 0.2616)

Tianshan Aluminum Plans to Expand Electrolytic Aluminum Production

Tian Shan Aluminum Shows Significant Cost Advantage, Achieving Profit Growth in 2024

Tianshan Aluminum's Progress in Guinea and Indonesia Bauxite Mines

Tianshan Aluminum Expands Capacity to 1.4 Million Tons

Tianshan Aluminum Plans to Upgrade 1.4 Million Tons of Aluminum Capacity

Tianshan Aluminum Repurchases Shares

Huaxin Securities Releases Research Report on Tianshan Aluminum Industry

Company Sees Significant Net Profit Growth in 2024

TIANSHAN ALUMINUM released FY2025 Q1 earnings on April 23 (BJT), actual revenue CNY 7.925 B (forecast CNY 8.573 B), actual EPS CNY 0.23 (forecast CNY 0.2261)

Tianshan Aluminum Industry Inc. Conducted a Premium Block Trade

Tianshan Aluminum's net profit grew by 46.99% in Q1 2025

Tianshan Aluminum Holds 2025 Earnings Briefing

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The aluminum market faces its most severe supply crisis in 25 years. JPMorgan warns that the global aluminum market has entered a supply "black hole," and even if the Middle East conflict ends, it cannot prevent deep shortages. Aluminum prices could break through $4,000 per ton due to production losses from Iran's attacks on smelters in Abu Dhabi and Bahrain. Western manufacturers are hit hard, while China and Russia are excluded due to sanctions, leaving some buyers with unsolvable shortages. Smelter restart cycles will take at least one year, with the historical high for aluminum prices at $4,073.50 per ton

- The global aluminum market is experiencing its most severe supply crisis in decades, according to JPMorgan.  
- Due to recent attacks by Iran on key smelters, aluminum prices are predicted to exceed $4,000 per ton, with current prices already reaching a four-year high of over $3,600.  
- Western manufacturers face significant challenges as alternative supply sources from China and Russia are restricted due to sanctions, leading to potential and irreversible production losses.

Wallstreetcn

CHALCO

Yunnan Aluminium

Alcoa

Century Aluminum

Huafon Aluminium

SHENHUO COAL&POWER

NANSHAN ALUMINIUM

Mtalco

Aluminum "Black Hole" Descends! JPMorgan Warns: Largest Supply Gap in 25 Years Becomes Inevitable, Price Target Hits $4,000

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Non-ferrous aluminum stocks surged at the open, with Minfa Aluminium, YeChiu Resources, ALCHA, and TIANSHAN ALUMINUM hitting the daily limit. Yunnan Aluminium, NANSHAN ALUMINIUM, LIYUAN, and Huafon Aluminium rose over 5%. The coal sector strengthened in morning trading, with ZCE hitting the daily limit, Shaanxi Heimao approaching the daily limit, and YNCE, GANSU EC, DYEC, and ANTAI GROUP all rising

- Asian Pacific stock markets experienced significant declines on March 30, following a drop in U.S. stocks and escalating geopolitical tensions involving Iran and Houthi forces.  
- Chinese A-shares and Hong Kong stocks also fell, with key indices like the Shanghai Composite and Hang Seng Index reporting losses of 0.49% and 1.31% respectively.  
- Despite the overall downtrend, sectors such as oil, gas, and coal saw gains, with Brent crude oil prices exceeding $115 per barrel.

DYEC

Shaanxi Heimao

Minfa Aluminium

GANSU EC

ANTAI GROUP

YeChiu Resources

ALCHA

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LIYUAN

MEITUAN

A and H Shares Open Sharply Lower: ChiNext Down Over 1%, Photovoltaics and Power Stocks Fall Together, Oil and Gas Rise Against Trend, Hang Seng Tech Index Down Nearly 3%, Tech Stocks Broadly Decline

The three major A-share indices showed mixed performance, with the Shanghai Composite Index slightly rising, while the Shenzhen Component Index and the ChiNext Index narrowed their declines. The Shanghai Composite Index closed at 3,923 points, with a turnover of 839.8 billion yuan. Domestic bank stocks such as Industrial and Commercial Bank of China and China Construction Bank saw a slight increase in annual net profit, leading to a rise in their stock prices. BYD's annual net profit decreased by 19%, with its stock price initially falling before rising. International oil prices increased, resulting in a rise in the stock prices of China National Petroleum Corporation and Sinopec. Aluminum stocks rose due to the Middle East attack incident, with TIANSHAN ALUMINUM hitting the daily limit

AASTOCKS

The three major indices of A-shares in Shanghai and Shenzhen had mixed performances throughout the day, with the Shanghai Composite Index rising. Aluminum and innovative pharmaceutical stocks increased, while coal and power stocks declined

The non-ferrous aluminum sector surged at the opening, with Minfa Aluminium, YeChiu Resources, ALCHA, and TIANSHAN ALUMINUM hitting the daily limit during the pre-market opening session

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TF SECURITIES pointed out that the electrolytic aluminum industry is transforming from a traditional cyclical stock to a dividend asset. In 2024, the sector's dividend yield will reach 6.0%, surpassing major high-dividend industries. On the supply side, domestic capacity has approached the policy red line of 45 million tons, with a capacity utilization rate of 97.5%. On the demand side, structural optimization has led to transportation and electricity accounting for over 43% combined. The peak of industry capital expenditure has passed, free cash flow has significantly improved, ROE stability has increased, and high profitability is expected to be maintained in the long term

- The electrolytic aluminum industry is transitioning from a traditional cyclical sector to a high-quality, dividend-supporting asset, as highlighted by Tianfeng Securities.  
- Recent data shows strong performance in the non-ferrous metals sector, with significant inflows into ETFs and notable stock price increases for leading aluminum companies.  
- This shift is driven by supply constraints and improved capital structures, leading to higher dividend yields, with the sector's average expected to reach 6.0% by the end of 2024, surpassing traditional high-dividend industries.

TF SECURITIES

Non-ferrous metals are on the rise, with the aluminum industry leading the way. TF SECURITIES states that "electrolytic aluminum is the perfect blend of resilience and dividends."

TIANSHAN ALUMINUM announced that its controlling shareholder, Jinlong Energy, has passively reduced its holdings by 99.4677 million shares due to the conversion of exchangeable corporate bonds, accounting for a reduction ratio of 2.14%. The reduction occurred in three phases: from July 21 to September 5, 593,700 shares were reduced; from September 11 to October 20, 47.1721 million shares were reduced; and from October 21 to October 30, 51.702 million shares were reduced. After the reduction, Jinlong Energy and its concerted parties' shareholding ratio decreased to 39.87%

Zhitong

TIANSHAN ALUMINUM: Jinlong Energy passively reduced its holdings by 2.14%

The non-ferrous metal index continues to rise, with the aluminum sector performing exceptionally well. ALCHA reached the daily limit, while TIANSHAN ALUMINUM and CHALCO saw intraday maximum increases of 4.17% and 4.87%, respectively

Macroeconomic and fundamental resonance leads the aluminum sector to outperform in the non-ferrous metal market

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On October 15th, during the midday session, the aluminum sector strengthened. In terms of individual stocks, Zhongfu rose to the daily limit, while SHENHUO COAL&POWER, TIANSHAN ALUMINUM, and Jiaozuo Wanfang increased by 5.95%, 4.08%, and 3.28% respectively. On the futures market, since April of this year, the main contract price of Shanghai aluminum has shown a fluctuating upward trend, as there is a clear production capacity ceiling for its supply, and domestic increments are extremely limited. An executive from an aluminum company told reporters that the demand for electrolytic aluminum in the fourth quarter remains lukewarm. New Lake Futures analysis indicates that the macroeconomic outlook is generally optimistic, and aluminum prices may experience a rebound

JiaoZuo Wanfang

Zhongfu

The aluminum sector strengthened in the afternoon, and Zhongfu hit the daily limit

TIANSHAN ALUMINUM(002532.SZ)