Tianbao Alloy breaks ground on HC ferrochrome project
2024-04-17 11:53:46 [Print]
On April 13, Zhuozi Tianbao Alloy Material Co
With a total investment of RMB500 million (USD69.06 million), the project will build four closed 45000KVA submerged arc furnaces for a total production capacity of 368,000 tonnes per annum of HC ferrochrome . The project is expected to generate an annual production value of RMB3 . 5 billion (USD483 million), along with tax revenue of RMB500 million (USD69 . 06 million), and would help create around 500 jobs.
. , Ltd . held the groundbreaking ceremony for a HC ferrochrome production project at Gaoshun Industrial Park in Zhuozi County.With a total investment of RMB500 million (USD69.06 million), the project will build four closed 45000KVA submerged arc furnaces for a total production capacity of 368,000 tonnes per annum of HC ferrochrome . The project is expected to generate an annual production value of RMB3 . 5 billion (USD483 million), along with tax revenue of RMB500 million (USD69 . 06 million), and would help create around 500 jobs.