HK Stock Market Move | NANSHAN AL INTL(02610) fell over 6% in early trading, with the average price of overseas alumina market in the third quarter decreasing by about 29% year-on-year.

NANSHAN AL INTL (02610) fell more than 6% in early trading, with a drop of 6.74% to HK$40.68 as of the time of publication, with a turnover of HK$26.5059 million. On the news front, NANSHAN AL INTL announced that in the third quarter of 2025, overseas alumina prices as a whole showed a downward trend. In July-August, affected by factors such as the weakening transmission of upstream bauxite costs, overseas alumina prices showed a volatile trend. In September, new alumina production capacity overseas was put into operation, leading to a decline in overseas alumina prices. The average price of overseas alumina in the third quarter of 2025 was around $357 per ton, a decrease of approximately 29% from the same period last year. Public information shows that NANSHAN AL INTL is a subsidiary of A-share Shandong Nanshan Aluminium, with its main business being the Indonesia alumina project. As of August, the company had completed annual alumina production capacity of 3 million tons, and the construction progress of the second annual production capacity of 1 million tons for the new alumina production project is ahead of schedule, with the company expected to start production in the fourth quarter of 2025 or the first quarter of 2026. Zhongjin believes that after the put into operation of the second phase capacity, the company will become the largest alumina producer in Southeast Asia, further enhancing the company's market influence in the region.