Tianjin Xinlizhong to supply die-casting aluminium alloy to key client
2024-06-21 15:00:48 [Print]
Tianjin Xinlizhong Alloy Group Co., Ltd., a wholly-owned subsidiary of Lizhong Sitong Light Alloys Group Co., Ltd., has become a qualified supplier of integrated die-casting aluminum alloy material for an undisclosed strategic client.
Under the initial agreement, Tianjin Xinlizhong will supply around 75,000 tonnes of die-casting aluminum alloy to the client from July 1, 2024 to June 30, 2027, with the total transaction amount expected to exceed RMB1.5 billion (USD207 million). The agreement can be extended for another year one month before it expires if the two sides have no objection.
Under the initial agreement, Tianjin Xinlizhong will supply around 75,000 tonnes of die-casting aluminum alloy to the client from July 1, 2024 to June 30, 2027, with the total transaction amount expected to exceed RMB1.5 billion (USD207 million). The agreement can be extended for another year one month before it expires if the two sides have no objection.
Aluminum Scrap Zorba 98-1 CIF China
Unit:USD/mt
China aluminum bar producers' suspension number statistics by province by month
Unit: pcs
