Queshan County Advances with New 8,000 MT Annual Aluminum Alloy Production Project

The Chongqing Wencan NEV Parts Smart Manufacturing Project, located in Qingfeng Sci-Tech Innovation City in Shapingba District, was completed and is expected to enter the equipment commissioning stage in April this year. Two sets of the world’s largest 12000T die-casting machines will also be installed subsequently, helping the project achieve breakthroughs in capacity and technological upgrades. The project was invested in and built by Wencan Co., Ltd., with a total investment of about 800 million yuan, covering 128 mu and with a total gross floor area of about 69,000 m². It will create a smart factory integrating die-casting, machining, post-processing, and assembly processes, mainly producing lightweight integrated auto body structural parts and power system parts for NEVs.

According to foreign media reports, as the ongoing escalation of geopolitical conflict in the Middle East disrupted navigation through the Strait of Hormuz, shipments of aluminum products in the region had “stalled.” Mercuria Energy Group, the world’s largest independent integrated energy and commodities trading house, was expected to urgently withdraw nearly 100,000 mt of aluminum from London Metal Exchange (LME) warehousing facilities to ease the supply gap in European and US markets. Three sources familiar with the matter revealed that Switzerland-based Mercuria had on Monday canceled warrants for, or earmarked for delivery, nearly 100,000 mt of aluminum stored in LME-approved warehouses at Port Klang. Mercuria has so far declined to comment on the move.

On March 11, Tianjin Xiangyu Aluminum Co., Ltd., a subsidiary of Liaoning Xiangyu Aluminum Co., Ltd., officially signed a strategic cooperation agreement with Beijing Jiu Tian Xing Ge Aerospace Technology Co., Ltd. Feng Yao, Deputy Secretary of the Party Committee and General Manager of Liaoning Xiangyu Aluminum Co., Ltd. and Chairman of Tianjin Xiangyu Aluminum Co., Ltd., and Wang Zhifeng, Chairman of Beijing Jiu Tian Xing Ge Aerospace Technology Co., Ltd., signed the agreement on behalf of the two parties, respectively. As a leading enterprise in the manufacturing of core components for China’s commercial aerospace sector, Jiu Tian Xing Ge focuses on the R&D and production of key components such as rocket propellant tanks and rocket body structures.