Wenshan Aluminum's green aluminum integration project sees first batch of aluminum ingot
2020-06-04 17:28:09 [Print]
On June 3, Yunnan Wenshan Aluminum Co., Ltd. made celebration for the first batch of aluminum ingot products of the green aluminum integration project with an annual output of 500,000 tons.
The project would have 1 million tons of electrolytic aluminum capacity in total. The first phase will include a production system and supporting facilities for an annual capacity of 500,000 tons of ordinary aluminum ingot with an investment of RMB4.4 billion (USD0.62 billion). After the completion of the project, the conversion rate of aluminum will reach 80%, and the annual operating income will be RMB6.38 billion (USD0.90 billion) with an annual profit of RMB680 million (USD95.49 million).
The project would have 1 million tons of electrolytic aluminum capacity in total. The first phase will include a production system and supporting facilities for an annual capacity of 500,000 tons of ordinary aluminum ingot with an investment of RMB4.4 billion (USD0.62 billion). After the completion of the project, the conversion rate of aluminum will reach 80%, and the annual operating income will be RMB6.38 billion (USD0.90 billion) with an annual profit of RMB680 million (USD95.49 million).
Aluminum Ingot 99.7%min In warehouse Wuxi
Unit:RMB/mt
China primary aluminum producers' inventory statistics by province by month
Unit: mt
