In 2025, China's production of major non-ferrous metal products will reach a new high.

The China Nonferrous Metals Industry Association held a press conference to introduce the operation of the nonferrous metals industry in 2025. The relevant person in charge of the association stated that in 2025, the production of major nonferrous metal products in China reached a new high, with a leading global market share. The industrial value added of nonferrous metal enterprises grew by 6.9% in 2025, exceeding the national industrial value added growth rate for large-scale industries by 1.0 percentage point. The production of the top ten nonferrous metals exceeded 80 million tons for the first time, reaching 81.75 million tons, a 3.9% increase from the previous year, and an average annual growth rate of 5.0% in the "14th Five-Year Plan" period. According to the association's forecast, the operation of the nonferrous metals industry in 2026 will maintain a steady growth trend, with the first quarter continuing the good momentum from the end of the previous year and achieving a good start to the "15th Five-Year Plan". Assuming no major unexpected events ("black swan" events) occur, the preliminary estimates for the main indicators of the nonferrous metals industry in 2026 are as follows: in terms of production, steady operation is expected, with the added value of the nonferrous metals industry expected to increase by around 5% year-on-year. Based on the characteristics of nonferrous metal production and capacity construction, the production of the top ten commonly used nonferrous metals is expected to increase by around 2% year-on-year in 2026. In terms of prices, industrial silicon and lithium carbonate prices are expected to stabilize and rebound, while copper and aluminum prices will fluctuate at high levels. The industry's operating income is expected to increase by 5%, leading to a slight increase in profits.