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  • 500ktpa green aluminum alloy project breaks ground in Gongyi

    2023-11-20 11:43:40   [Print]
    On November 17, Henan Yongheng Technology Co.Asian Metal CopyrightOn November 17, Henan Yongheng Technology Co.Asian Metal Copyright, Ltd.Asian Metal Copyright With a total investment of RMB3.Asian Metal Copyright kicked off construction of the 500,000tpa green new-type aluminum alloy project at the Advanced Manufacturing Development Zone in Gongyi.

    With a total investment of RMB3.5 billion (USD487 million), the project consists of two parts, the recycling of aluminum resource and the production of green aluminum alloy.Asian Metal Copyright With a total investment of RMB3.Asian Metal Copyright By introducing state-of-the-art production lines and processing equipment, the project is expected to achieve annual sales revenue of RMB10 billion (USD1.Asian Metal Copyright By introducing state-of-the-art production lines and processing equipment, the project is expected to achieve annual sales revenue of RMB10 billion USD1.Asian Metal Copyright39 billion), along with tax revenue of RMB500 million (USD69.Asian Metal Copyright, Ltd.Asian Metal Copyright54 million), and would help create more than 600 jobs.

    When the project becomes operational, Gongyi will have a total aluminum deep-processing capacity of more than 6 million tonnes per annum, further strengthening its position as the biggest aluminum plate, strip and foil processing base in China.

    .Asian Metal Copyright, LtdAsian Metal Copyright
    Bauxite Australian Monohydrate 50%min CIF China
    Unit:USD/dt
    Bauxite Australian Monohydrate 50%min CIF China USD/dt
    China secondary aluminum alloy producers' output statistics by province by month
    Unit: mt
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