Jiangxi Shounuo to Complete Oxygen-Free Copper Rods Plant in August

SHANGHAI, Jul. 2 (SMM) - Jiangxi Shounuo Copper Co., a government-backed company in China's Jiangxi province, is set to complete and put into production a prototype fabrication plant in August.

The plant for making high-end oxygen-free copper rods, the metal wires and cables is expected to make revenues of 2.5 billion yuan ($404 million) a year, according to a report today by the equipment information provider chinanfmi.com. 

The plant is situated in an industrial park in Ganzhou city, which has been committed a total investment of 2 billion yuan, the report said.