Aluminum companies frequently expand production overseas: Global layout under new supply and demand patterns.

At the beginning of 2026, the pace of Chinese aluminum companies expanding production overseas has accelerated, outlining a clear trajectory for the restructuring of the global aluminum industry. From Indonesia to the Middle East, companies like Nanshan Aluminum and Chinalco have announced expansions, covering all aspects of the industry chain including the construction of aluminum production capacity and supporting facilities. Behind the frequent overseas expansions of aluminum companies is a profound transformation in the global supply and demand pattern of electrolytic aluminum. A research report from CICC shows that the supply-demand gap for electrolytic aluminum will continue to expand in 2026, combined with the global active fiscal and monetary policies resonating, aluminum prices are expected to continue to hit new highs. Several industry experts have told reporters that in the context of an expanding electrolytic aluminum gap, Chinese aluminum companies investing heavily in overseas energy-rich regions is not only an active choice for companies to break through development bottlenecks but also a key force in filling the global supply-demand gap and reshaping the industry competition landscape, marking the entry of China's aluminum industry globalization into a new stage.