Bairin Right Banner and Ningbang Supply Chain Sign $1.25B Investment Deal for Aluminum Project

Published: Jul 11, 2026 14:30
Recently, the People's Government of Bairin Right Banner and Inner Mongolia Ningbang Supply Chain Technology Co., Ltd. signed an investment agreement. The project will be located in the Bairin Right Industrial Park, with a total investment of 1.25 billion yuan and fixed asset investment of 1.05 billion yuan. The first phase of the project will cover an area of 100 mu, with an additional 200 mu reserved for supporting facilities. It will build 10 intelligent secondary aluminum melting and refining production lines, with an annual output of 300,000 mt of high-grade secondary aluminum alloy ingots, and simultaneously construct rare and precious metal extraction and environmental protection facilities.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Approaching the Weekend, Prices Rise Again, Spot Aluminum Pressure Intensifies [SMM South China Spot Aluminum Daily Review]
Common.Time.hoursAgo
Approaching the Weekend, Prices Rise Again, Spot Aluminum Pressure Intensifies [SMM South China Spot Aluminum Daily Review]
Read More
Approaching the Weekend, Prices Rise Again, Spot Aluminum Pressure Intensifies [SMM South China Spot Aluminum Daily Review]
Approaching the Weekend, Prices Rise Again, Spot Aluminum Pressure Intensifies [SMM South China Spot Aluminum Daily Review]
Common.Time.hoursAgo
Zhongfu Industrial Forecasts 154%-176% Net Profit Growth in H1 2026, Crediting Cost Reduction and High Aluminum Prices
Common.Time.hoursAgo
Zhongfu Industrial Forecasts 154%-176% Net Profit Growth in H1 2026, Crediting Cost Reduction and High Aluminum Prices
Read More
Zhongfu Industrial Forecasts 154%-176% Net Profit Growth in H1 2026, Crediting Cost Reduction and High Aluminum Prices
Zhongfu Industrial Forecasts 154%-176% Net Profit Growth in H1 2026, Crediting Cost Reduction and High Aluminum Prices
On July 8, Zhongfu Industrial announced that it expected its net profit attributable to the parent company's owners for the first half of 2026 to be between 1.8 billion yuan and 1.95 billion yuan, up 154.42% to 175.62% YoY. The performance growth was mainly attributable to cost reduction through collaboration across the upstream and downstream industry chains, aluminum prices fluctuating at highs, development of high-value-added aluminum deep-processing products, and the advancement of energy-saving technological transformation projects.
Common.Time.hoursAgo
Chongqing Aluminum Firm Plans 10,000 mt/year Recycling Project with $50M Investment
Common.Time.hoursAgo
Chongqing Aluminum Firm Plans 10,000 mt/year Recycling Project with $50M Investment
Read More
Chongqing Aluminum Firm Plans 10,000 mt/year Recycling Project with $50M Investment
Chongqing Aluminum Firm Plans 10,000 mt/year Recycling Project with $50M Investment
Chongqing Jinjiufeng Aluminum Co., Ltd. plans to build a secondary aluminum processing project with an annual capacity of 10,000 mt. The project is currently in the environmental impact assessment information disclosure stage. The total investment is 50 million yuan, mainly for constructing one secondary aluminum alloy ingot production line, along with supporting utility, auxiliary, storage and transportation, and environmental protection works. The secondary aluminum alloy ingot production line will be equipped with an aluminum scrap pretreatment system, a smelting/refining/casting ingot system, and an aluminum dross treatment system. The main equipment of the aluminum scrap pretreatment system includes one crushing and screening machine, one magnetic-eddy current separator, and one paint stripping furnace; the main equipment of the smelting/refining/casting ingot system includes one 35 mt double-chamber smelting furnace, one 20 mt smelting furnace, and one casting ingot line; the main equipment of the aluminum dross treatment system includes two dross stirring machines, one dross cooling machine, and one ball mill screening machine.
Common.Time.hoursAgo