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  • Sinyuan ZM to build large automotive Mg-alloy precision parts project

    2023-11-13 11:27:08   [Print]
    Sinyuan ZM plans to invest RMB1.Asian Metal Copyright The project consists of two phases, and the phase one, with investment of RMB700 million USD95.Asian Metal Copyright01 billion (USD138 million) to build a large and high-strength automotive magnesium alloy precision parts project with production capacity of 3 million units per annum at Fenghua Economic Development Zone.

    The project consists of two phases, and the phase one, with investment of RMB700 million (USD95.98 million), will build a smart factory for the R&D, production and sales of lightweight magnesium alloy and aluminum alloy precision die castings and moulds.Asian Metal CopyrightSinyuan ZM plans to invest RMB1.Asian Metal Copyright The company plans to set up a local wholly-owned subsidiary to operate the project.


    .Asian Metal Copyright01 billion USD138 million to build a large and high-strength automotive magnesium alloy precision parts project with production capacity of 3 million units per annum at Fenghua Economic Development ZoneAsian Metal Copyright
    Aluminum Alloy ADC12 Delivered China
    Unit:RMB/mt
    Aluminum Alloy ADC12 Delivered China RMB/mt
    China secondary aluminum alloy producers' inventory to production ratio statistics by province by month
    Unit: %
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