Jixi Tiancheng Magnesium commences operation of 20,000tpy Mg-alloy project
2021-11-05 17:19:29 [Print]
On the morning of November 3, Jixi Tiancheng Magnesium commenced operation of its 20,000tpy magnesium alloy project which is located in Lishu Industrial Valley, Jixi city, Helongjiang province. Operation of this project injected new momentum into Jixi's mineral resources deep processing and new material development indsutries.
The project has a total investment of RMB500 million (USD78.09 million). When ramping up to nameplate production capacity, it is expected to bring in a sales income of approximately RMB1 billion (USD0.16 billion) and taxation of RMB100 million (USD15.62 million), and can provide over 700 job opportunities.
The project has a total investment of RMB500 million (USD78.09 million). When ramping up to nameplate production capacity, it is expected to bring in a sales income of approximately RMB1 billion (USD0.16 billion) and taxation of RMB100 million (USD15.62 million), and can provide over 700 job opportunities.
Magnesium Alloy AZ91D FOB China
Unit:USD/mt
China magnesium alloy producers' suspension number statistics by month
Unit: pcs
