Metals News
60 kt/yr Secondary Aluminum Alloy Project Starts Construction in Shangrao City
industry news
Apr 8,2010

SHANGHAI, Apr. 8 -- According to the Industry and Information Technology Commission of Jiangxi Province, Jiangxi Guangheng Aluminum Company started construction of its 60 kt/yr secondary aluminum alloy materials and castings project in Qianshan Industrial Park, Shangrao city on March 23rd. Total investment in this project is RMB 160 million, with operating revenue expected to reach RMB 1.2 billion, profits and taxes expected to be RMB 200 million after the project comes online, and this project can provide jobs of more than 1,000.

(Edited by SMM)

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