Anneng Metal breaks ground on 100ktpa Mg-Al alloy project
2024-03-15 12:00:38 [Print]
Construction has kicked off for a secondary magnesium and aluminum alloy and deep processing project invested and build by Chizhou Anneng Metal Technology Co., Ltd. in Xinhe, Qingyang.
With a total investment of RMB110 million (USD15.29 million), the project is expected to produce 100,000 tonnes per annum of aluminum-magnesium alloy castings and achieve an annual sales revenue of RMB1.8 billion (USD250 million).
With a total investment of RMB110 million (USD15.29 million), the project is expected to produce 100,000 tonnes per annum of aluminum-magnesium alloy castings and achieve an annual sales revenue of RMB1.8 billion (USD250 million).
Magnesium Alloy AZ91D FOB China
Unit:USD/mt
China magnesium alloy producers' sales to production ratio statistics by month
Unit: %
