Xinjiang Joinworld to increase funds to 2.4Mtpa alumina project
2025-05-12 15:36:11 [Print]
Xinjiang Joinworld Co
. , Ltd . , in line with its strategic planning and operational needs, intends to reallocate approximately 357 million yuan (49 . 4 US million dollars) in surplus funds raised from its 2022 issuance of convertible corporate bonds to finance its alumina project with an annual capacity of 2 . 4 million tonnes . The funds will be invested through actual capital contributions to Fangchenggang Zhongsi Road New Materials Technology Co . , Ltd . , which acts as the operator of the project.