SuperAlloy Industrial Co. has announced plans to establish a subsidiary with a capital investment of 500 million yuan (approximately US$68.6 million) to build a smelting plant capable of producing 60,000 tons of recycled aluminum rods annually. Qiaoxin will hold an 80% stake in the new subsidiary, which aims to supply industries such as automotive, semiconductors, aerospace, and electric vehicles, further expanding the application of recycled aluminum.
The global aluminum market is expected to see significant growth, with the recycled aluminum sector forecast to reach US$78.07 billion by 2031, according to Kings Research. SuperAlloy’s investment comes as manufacturers worldwide increasingly prioritize carbon neutrality and energy-efficient materials, spurring demand for recycled aluminum, which reduces carbon emissions by about 95% compared to primary aluminum.
SuperAlloy’s recycled aluminum material, branded as RESAICAL, is already certified by seven major car manufacturers, positioning the company as a competitive player in the green materials market. The utilization rate of recycled aluminum is expected to reach 50% by 2025, driven by the rising demand for sustainable solutions across multiple industries.
