HK Stock Market Move | China Aluminum International Engineering Corporation (02068) rose more than 3% in the morning. The annual shipping volume of bauxite at the Guinea Boffa project of Chinalco exceeded 20 million tons within the year.

China Aluminum International Engineering Corporation (02068) rose more than 3% in the morning. As of the time of the report, it has risen by 3.49% to 2.67 Hong Kong dollars, with a trading volume of 33.4104 million Hong Kong dollars. On the news front, there have been good news from the China Aluminum Guinea Boffa Project recently. The annual shipment of bauxite in 2025 has exceeded 20 million tons, breaking the record for the company's overseas bauxite supply. This achievement marks a new improvement in the project's operational capacity, further enhancing the strategic resource security capability of the Aluminum Corporation of China, and providing strong support for the high-quality development of the group. According to market research reports, in recent years, Guinea has become China's largest supplier of bauxite, with imports showing a continuous growth trend. In terms of exports, Guinea's bauxite production is expected to increase by 9.55% and exports by 12.07% from 2021 to 2025. Due to the entry of new companies into the country's bauxite production and the increase in investment and capacity of existing ones, Guinea's bauxite production capacity is expected to reach 195.7 million tons by the end of 2025. It is worth mentioning that in May of this year, Guinea's transitional president announced the revocation of mining licenses. If negotiations with related companies on the construction of alumina production capacity do not meet expectations, the revocation of mining rights may continue to escalate.