Liuzhou Steel completes first furnace for 300ktpa silicomanganese project
2023-12-21 13:32:55 [Print]
On December 20, Liuzhou Steel Group completed the construction of No
With a total investment of about RMB3.7 billion (USD518 million), the project is expected to generate an annual production value of more than RMB10 billion (USD1 . 40 billion) . Phase one of the project, with investment of RMB1 . 3 billion (USD182 million), covers an area of 1,150Mu (76 . 67 hectares) and mainly includes construction of four 40000kVA fully closed submerged arc furnaces and associated facilities for an annual production capacity of 300,000t of silicomanganese . Phase two will mainly build a energy supply system . When completed, the phase one project would achieve an annual operating revenue of around RMB2 . 8 billion (USD392 million) and tax revenue of RMB50 million (USD7 million), helping create nearly 600 jobs.
. 1 furnace for its green manganese materials industry base upgrade and transformation project.With a total investment of about RMB3.7 billion (USD518 million), the project is expected to generate an annual production value of more than RMB10 billion (USD1 . 40 billion) . Phase one of the project, with investment of RMB1 . 3 billion (USD182 million), covers an area of 1,150Mu (76 . 67 hectares) and mainly includes construction of four 40000kVA fully closed submerged arc furnaces and associated facilities for an annual production capacity of 300,000t of silicomanganese . Phase two will mainly build a energy supply system . When completed, the phase one project would achieve an annual operating revenue of around RMB2 . 8 billion (USD392 million) and tax revenue of RMB50 million (USD7 million), helping create nearly 600 jobs.