On October 8, the Xinjiang Production and Construction Corps announced the capacity replacement plan for the Xinjiang Agricultural Sixth Division Aluminum Co., Ltd. construction project. Xinjiang Agricultural Sixth Division Aluminum Co., Ltd. will build a 550,000-ton 600KA electrolytic aluminum production line in the Zhundong Industrial Park of the Xinjiang Corps. It is planned to start construction in 2023 and put into production in 2024.
On October 8, the "Ten Policies and Measures for Guangyuan City to Accelerate the Construction of China's Green Aluminum Capital of "One Hundred Enterprises and One Hundred Billion" (Trial)" was issued, proposing to introduce new materials that are in line with the aluminum-based new material industry development plan and are in the category of automotive lightweighting and rail transit. , aluminum foil (electrode foil, electronic foil, battery foil, etc.), aerospace, recycled aluminum grade maintenance and utilization and other high-end aluminum deep processing fields projects, a bonus of 5% of the investment in newly purchased large equipment will be provided, with a maximum of no more than 10 million Yuan.
On October 11, the Raw Materials Industry Department of the Ministry of Industry and Information Technology organized a 2023 carbon peak work symposium in the nonferrous metals and building materials industry in Chengdu, Sichuan. The meeting emphasized the need to implement the "Implementation Plan for Carbon Peaking in the Nonferrous Metals Industry" and the "Implementation Plan for Carbon Peaking in the Building Materials Industry", guide the industry to form a dynamically balanced supply and demand relationship, promote the orderly development of the smelting and recycling industries, and encourage building materials companies to save energy and reduce carbon emissions. Technological transformation will steadily and orderly promote the non-ferrous metals and building materials industries to reach their carbon peak.
On October 16, the State Council issued opinions on promoting high-quality development in Inner Mongolia and striving to write a new chapter in Chinese-style modernization. The opinion proposes to strengthen the development and utilization of strategic resources such as rare earths. Support the systematic exploration and evaluation, protective development, high-quality utilization, and standardized management of Inner Mongolia's strategic mineral resources, and improve rare earth, iron, nickel, copper, tungsten, tin, molybdenum, gold, fluorite, crystalline graphite, lithium, and uranium , helium and other strategic mineral resources support capabilities. Accelerate the development of high-end rare earth functional materials such as high-purity rare earth metals, high-performance rare earth permanent magnets, and high-performance polishing.
On October 23, Rusal and Hebei Wenfeng Industrial Group Co., Ltd. entered into this agreement. Hebei Wenfeng Industrial Group Co., Ltd. agreed to sell 30% of the entire equity of Hebei Wenfeng New Materials.
On October 23, Zijin Mining obtained the exploration rights for the northeastern project of the Manono lithium mine approved by the Ministry of Mines of the Democratic Republic of the Congo. The mine is the largest lithium-rich LCT (lithium, cesium, tantalum) discovered in the world that can be developed open-pit. One of the crystal rock deposits.
On October 25, the U.S. Department of Commerce announced that it would launch anti-dumping and countervailing investigations into aluminum profiles imported from China, Indonesia, Mexico, and Turkey, as well as investigations into aluminum profiles imported from Colombia, the Dominican Republic, Ecuador, India, Italy, South Korea, Malaysia, Thailand, Anti-dumping investigations were initiated on aluminum profiles from the United Arab Emirates, 10 countries in Vietnam and Taiwan, China.
On October 26, the Ministry of Natural Resources of China released the "China Mineral Resources Report (2023)" at the 2023 China International Mining Conference held in Tianjin. The report shows that in 2022, nearly 40% of China's mineral reserves will increase, and reserves of copper, lead, zinc, nickel, cobalt, lithium and other minerals will increase significantly.
On October 27, the eastern area oxidation ore line of China Molybdenum's TFM mixed ore project successfully produced the first batch of cathode copper, and the construction of the eastern area oxide ore production line was completed.
On October 31, the State Council issued the "Overall Plan for China (Xinjiang) Pilot Free Trade Zone" to promote the transformation and upgrading of the manufacturing industry. Relying on the existing petrochemical industry foundation, we will promote chain extension, repair and strengthening. Build a national strategic mineral resource base and a nonferrous metals industry base to increase the on-site conversion ratio of nonferrous metals.
