Hailiang Copper Announces $288M Investment in Morocco's New Material Technology Industrial Park

Published: Sep 23, 2024 09:24

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[Hailiang Copper: Plans to Invest in the Construction of a New Material Technology Industrial Park in Morocco] Hailiang Copper issued an announcement on the record of investor relations activities, stating that the company plans to invest in the construction of Hailiang (Morocco) New Material Technology Industrial Park in Morocco, with an estimated construction period of 36 months. The project includes the construction of new production lines for 50,000 tons per year of wrought-free rolled copper and copper alloy materials, 35,000 tons per year of copper tubes, 40,000 tons per year of precision brass bars, 150 million precision copper alloy pipe fittings per year, and 25,000 tons per year of lithium battery copper foil and other new energy materials, with a total investment of US$288 million.

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