Zhongfu Industrial Invests 363.1M Yuan in 250K mt/year Secondary Aluminum Project

Published: Apr 24, 2026 15:07

Save

[SMM Aluminum News Flash]Zhongfu Industrial announced on April 21 that, to further expand the company's diversified and low-carbon aluminum industry layout, broaden market reach, and strengthen overall market competitiveness, its wholly-owned third-tier subsidiary Qingchuan Zhongfu Secondary Aluminum Alloy Co., Ltd. planned to invest in a secondary aluminum alloy project with an annual capacity of 250,000 mt. The total investment of the project was reportedly 363.1 million yuan. The project was designed to produce 250,000 mt of secondary aluminum annually, including 130,000 mt of 3104 alloy secondary aluminum liquid (ingot) and 120,000 mt of aluminum and aluminum alloy round casting ingots. The construction mainly comprised a scrap pretreatment workshop and a melting and casting workshop.

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 to learn 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

48 mins ago

Domestic Ports See 170,000 mt Rise in Bauxite Inventory

【SMM Port Inventory of Imported Bauxite】According to SMM's statistics on April 24, the total bauxite inventory at ten domestic ports increased by 170,000 mt from the previous week.

48 mins ago

1 hour ago

Data: SHFE, DCE market movement (Apr 24)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 24 Apr , 2026

1 hour ago

2 hours ago

Deepal Aims for 480,000 Sales in 2026, Chairman Expects Growth Outside China Amid Domestic Market Decline

According to reports, on April 24, Deng Chenghao, Chairman of Deepal, stated at the 2026 Beijing International Auto Show that the company's full-year sales target is 480,000 units, including 340,000 units in China and 140,000 units outside China. The growth rate ex-China will increase significantly YoY, but he predicted that the domestic auto market may experience a slight decline this year. Deepal must accept this reality and, while maintaining quality service, seek more opportunities in globalization.

2 hours ago