PanAsialum Holdings is planning to spend 200 million yuan ($33 million) in building an aluminum processing project in Xinjiang, finance.sina.com reported yesterday.
SHANGHAI, Apr. 14 (SMM) –PanAsialum Holdings is planning to spend 200 million yuan ($33 million) in building an aluminum processing project in Xinjiang, finance.sina.com reported yesterday.
The company will build 300,000-tpy high-end aluminum extrusion bar project and 50,000-tpy high-end flat-rolled aluminum project, it added. Construction is scheduled to be completed within one year and a half.
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