Wenshan Aluminum holds cornerstone laying ceremony for 500,000tpy hydropower and aluminum integrated project
2017-12-27 17:52:56 [Print]
On the morning of December 18, the cornerstone laying ceremony for 500,000tpy hydropower and aluminum integrated project of Yunnan Wenshan Aluminum Co., Ltd. was held at Wenshan Matang Industrial Park. With estimated total investment of RMB4.45 billion, the project is expected to come on stream in Q1 2019. Upon the completion of the project, the local conversion rate of aluminum products is expected to exceed 80% and the company expects to achieve annual revenue of RMB6.38 billion with gross annual profit of RMB680 million.
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Unit:RMB/mt
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Unit: mt
