Taihu signs RMB150 million copper products project
2023-04-10 14:45:08 [Print]
The signing ceremony for a 5,000tpy copper products project between Anhui Taihu Economic Development Zone Investment and Development Co., Ltd. and Zhuotao Kitchen Technology Co., Ltd. was held on April 6.
With a total investment of RMB150 million (USD21.81 million), the project has an annual production capacity of 5,000t of copper tube, copper rod and copper fitting. Construction of the project is expected to begin in August 2023, with plant construction and production equipment installation scheduled to be completed by late March 2024. The project is expected to start commercial production in June 2024 and would achieve an annual production value of around RMB150 million (USD21.81 million).
With a total investment of RMB150 million (USD21.81 million), the project has an annual production capacity of 5,000t of copper tube, copper rod and copper fitting. Construction of the project is expected to begin in August 2023, with plant construction and production equipment installation scheduled to be completed by late March 2024. The project is expected to start commercial production in June 2024 and would achieve an annual production value of around RMB150 million (USD21.81 million).
Copper Conc. 20%min Delivered China
Unit:RMB/mt Cu
China crude copper producers' inventory statistics by province by month
Unit: mt
