Nanshan Aluminum International (02610) Surges Over 4% as it Launches 250,000-Ton Annual Aluminum Electrolysis Project, Officially Transforms into Integrated Producer

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Nanshan Aluminum International (02610) rose more than 4%. As of the time of writing, the stock was up 4.12%, trading at HK$68.2, with a turnover of HK$135 million. Recently, the company announced plans to commence construction of a 250,000-ton annual aluminum electrolysis project in 2026, involving an investment of US$437 million and a construction period of two years. From a medium to long-term development perspective, the company plans to formulate plans for an additional 500,000-ton annual aluminum electrolysis project to further expand its aluminum electrolysis production capacity. Strategically, the company intends to gradually increase its aluminum electrolysis capacity, aiming to achieve a balance with its existing aluminum electrolysis and alumina production capabilities. According to the announcement, the company has already built an annual alumina production capacity of 4 million tons in Indonesia, making it the largest alumina producer in Southeast Asia. This announcement to begin construction of a 250,000-ton annual aluminum electrolysis capacity and plan for an additional 500,000 tons marks the company's official transition into an integrated aluminum electrolysis producer, with its profitability expected to see further enhancement.

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