In January 2025, Mingtai Aluminum(Stock Code: 601677) announced its 2024 production and sales results, surpassing 1.45 million tons—an increase of over 200,000 tons compared to the previous year. This milestone highlights the company’s impressive growth and strong market presence.
Mingtai Aluminum offers a wide range of products, covering various key sectors. From high-strength aluminum plates used in lightweight new energy vehicles, to ultra-thin foils for electronics, and safe, non-toxic materials for food and pharmaceutical packaging, our products are integral to many industries. This diverse product portfolio showcases our ability to meet market demands while demonstrating our advanced technology, R&D capabilities, and robust manufacturing infrastructure.
The rapid growth of Mingtai Aluminum is also driven by the expansion of our recycled aluminum business. We are a leader in the field, with a production capacity exceeding 1 million tons annually. Our commitment to sustainability has earned us the GRS 4.0 Global Recycling Standard certification and SGS carbon footprint verification, underscoring our leadership in eco-friendly aluminum production.
Using recycled aluminum significantly reduces energy consumption, saving 3-5% compared to traditional production methods. Recycling also conserves resources, with every ton of aluminum produced saving 3-4 tons of coal, 14 cubic meters of water, and reducing solid waste by 20 tons. These efforts are a key part of our carbon-neutral strategy, contributing to a greener aluminum industry.
Mingtai Aluminum is committed to advancing green technologies and expanding the recycling process. By 2025, we aim to increase recycled aluminum output to 70%, fostering a closed-loop recycling system and driving green manufacturing across the industry. Our long-term goal is to transform from a regional leader to a global green aluminum giant, making a lasting impact on the environment and industry.
