IKD advances new magnesium alloy precision die-casting project
2026-03-27 15:13:46 [Print]
IKD Co., Ltd. announced that it will allocate approximately RMB558 million (USD80.73 million) of surplus raised funds to invest in a new project with annual capacity of 4.5 million magnesium alloy precision die-cast components.
The project, undertaken by IKD (Anhui) New Energy Technology Co., Ltd., is scheduled for completion by February 2029, with full production expected in 2030.
The project, undertaken by IKD (Anhui) New Energy Technology Co., Ltd., is scheduled for completion by February 2029, with full production expected in 2030.

