Chinese Aluminum Enterprises Post Doubled H1 2026 Earnings, Expand New Energy Aluminum Foil Capacity

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According to Shanghai Securities News, major listed Chinese aluminum companies including Tianshan Aluminum, Shenghuo Co., and Zhongfu Industrial disclosed that their earnings in the first half of 2026 doubled year-over-year, driven by elevated aluminum prices and lower aluminum oxide costs. The companies are simultaneously expanding into high-margin aluminum foil production, particularly for new energy applications, as the industry focuses on capacity expansion in the midstream sector.
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