Hunan Rare Earth New Materials puts high-strength aluminum project into operation
2023-01-05 15:48:41 [Print]
On January 3, the ignition ceremony of the high-strength aluminum project of Hunan Rare Earth New Materials Co
The project was built in Hengyang in July 2018, with a total investment of 1.2 billion yuan (175 million US dollars) . The project constructed a production base with an annual output of 150,000t of flat ingot and round ingot, 1,000t of extruded profile, 3,000t of extruded bar and 20,000t of rare earth aluminum alloy pre-stretched plate, and might generate an annual output value of 500 million yuan (72 . 75 million US dollars) after reaching full capacity . In the next stage, the company will start the construction of the third phase of the project, promote the formation of a closed loop of the new material industry chain in Hengyang, and strive to achieve an output value of 10 billion yuan (1 . 46 billion US dollars) and a tax revenue of 1 . 2 billion yuan (175 million US dollars) in 2027.
. , Ltd . was held in Baishazhou Industrial Park, Hengyang . The product put into production this time is rare earth aluminum alloy round ingot, whose mechanical property tensile strength can be stabilized above 700MPa, and the design annual capacity is 10,000t . It is a high-strength and lightweight rare earth aluminum alloy product widely needed in civil, military, rail transit and other fields.The project was built in Hengyang in July 2018, with a total investment of 1.2 billion yuan (175 million US dollars) . The project constructed a production base with an annual output of 150,000t of flat ingot and round ingot, 1,000t of extruded profile, 3,000t of extruded bar and 20,000t of rare earth aluminum alloy pre-stretched plate, and might generate an annual output value of 500 million yuan (72 . 75 million US dollars) after reaching full capacity . In the next stage, the company will start the construction of the third phase of the project, promote the formation of a closed loop of the new material industry chain in Hengyang, and strive to achieve an output value of 10 billion yuan (1 . 46 billion US dollars) and a tax revenue of 1 . 2 billion yuan (175 million US dollars) in 2027.