Mingtai Aluminum to raise no more than RMB4,035 million for new energy battery material project
2022-08-23 12:41:11 [Print]
On August 22, Mingtai Aluminum announced that it planned to raise no more than RMB4,035 million (USD589 million) via private placement; upon deduction of issuing cost, the proceeds will be all used in its 250,000tpy new energy battery material project. Aluminum foil products produced by the project include battery foil, Al-plastic film and finely cut battery foil, while aluminum plate products include battery-pack plate and battery cold plate.
Alumina 98.5%min EXW China
Unit:RMB/mt
China bauxite producers' sales to production ratio statistics by province by month
Unit: %
