Guilv New Materials' secondary aluminum project in full operation
2023-07-04 11:54:35 [Print]
On June 29, the 150,000tpy secondary aluminum project developed by Guizhou Guilv New Materials Co., Ltd. went into full operation after the aluminum alloy round bar production line became operational.
With total investment of RMB460 million (USD63.47 million), the project broke ground at Wangzhuang Aluminum Deep Processing Park of Qingzhen Economic Development Zone in December 2021. The project consists of three production lines which became operational respectively on May 5, June 25 and June 29, 2023. The three lines mainly produce cast aluminum alloy ingot, aluminum liquid and aluminum alloy rod bar.
The project is expected to generate RMB30 million (USD4.14 million) to local tax revenues annually and create over 180 jobs.
With total investment of RMB460 million (USD63.47 million), the project broke ground at Wangzhuang Aluminum Deep Processing Park of Qingzhen Economic Development Zone in December 2021. The project consists of three production lines which became operational respectively on May 5, June 25 and June 29, 2023. The three lines mainly produce cast aluminum alloy ingot, aluminum liquid and aluminum alloy rod bar.
The project is expected to generate RMB30 million (USD4.14 million) to local tax revenues annually and create over 180 jobs.
Aluminum Alloy ADC12 FOB China
Unit:USD/mt
China liquid aluminum producers' number MoM output increase statistics by province by month
Unit: pcs
