Minglida breaks ground on second phase of Mg-Al alloy precision parts project
2025-02-24 15:03:04 [Print]
On February 22, construction kicked off for the phase two of Minglida's high-end automotive magnesium-aluminum alloys precision structural parts project in Tongliang, Chongqing.
With a total investment of RMB200 million (USD27.61 million), the second phase will add production capacity of 20,000tpa of aluminum profiles and is expected to achieve an annual sales revenue of more than RMB1 billion (USD138 million).
Minglida is a Chinese high-tech enterprise specializing in production of lightweight precision structural parts.
With a total investment of RMB200 million (USD27.61 million), the second phase will add production capacity of 20,000tpa of aluminum profiles and is expected to achieve an annual sales revenue of more than RMB1 billion (USD138 million).
Minglida is a Chinese high-tech enterprise specializing in production of lightweight precision structural parts.
Aluminum Alloy ADC12 FOB China
Unit:USD/mt
China secondary aluminum alloy producers' sales to production ratio statistics by province by month
Unit: %
