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Chuangxin Industries builds on integrated aluminium strategy as earnings accelerate
Rabu, 19 Agustus 2026 | 20:35
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HONG KONG SAR -
Media OutReach Newswire
- 19 August 2026 - China's aluminium industry entered 2026 against a
landscape of unusual volatility. Rising geopolitical tensions, higher
energy costs and continued demand from artificial intelligence
infrastructure, electric vehicles and renewable energy have reshaped
global aluminium markets-driving prices higher and underscoring the
critical importance of supply security. Chuangxin Industries' interim
results cite these trends as key drivers of the stronger first-half
market environment.
Against this backdrop, Chuangxin Industries delivered a marked
improvement in earnings for the first six months of 2026. Revenue rose
to RMB 11.53 billion, while profit attributable to the owners of the
company increased to RMB 2.30 billion, reflecting stronger aluminium
prices, lower production costs from greater renewable electricity usage
and reduced finance costs following the optimisation of its funding
structure.
Unlike many aluminium producers that rely heavily on external suppliers,
Chuangxin has spent years building an integrated operating model
covering power generation, alumina refining and electrolytic aluminium
smelting. The company says its existing power generation and alumina
capacity can fully meet its production requirements, helping reduce
exposure to fluctuations in raw material and electricity prices while
improving operational resilience.
Another key differentiator is the company's energy strategy. In Inner
Mongolia, Chuangxin has already commissioned 1,040MW of wind power and
110MW of solar capacity, with the broader renewable energy program
expected to lift the proportion of green electricity used in aluminium
production to more than 50% once fully completed. Besides lowering
operating costs, the company believes greater use of renewable
electricity will strengthen its ability to serve customers seeking
lower-carbon materials, particularly in sectors such as electric
vehicles, consumer electronics and renewable energy equipment.
The company's growth is also extending beyond China. Construction of the
company's integrated aluminium project in Saudi Arabia is progressing
after securing the necessary approvals, with site work now underway. The
project is expected to become an important part of Chuangxin's
international production footprint while improving access to overseas
markets and energy resources.
At the same time, Chuangxin continues to strengthen upstream resource
security through acquisitions in alumina and mining assets while
investing in automation, energy efficiency and digital manufacturing
technologies designed to improve productivity and reduce energy
consumption. The company has also established a board-level ESG
committee and published its inaugural ESG report in April, setting
medium- and long-term climate targets alongside broader sustainability
initiatives.
As the aluminium industry adapts to tighter environmental standards and
increasingly complex global supply chains, competitive advantage is
increasingly being shaped by operational efficiency, secure resource
access and low-carbon production. Companies able to combine integrated
operations, renewable energy, disciplined cost management and
international expansion may be better positioned to navigate the next
phase of industry development. Chuangxin's first-half performance offers
an early indication that this strategy is gaining traction.
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