SHANGHAI, Sep. 5 (SMM) – Chalco laid the corner stone for its large-scale aluminum precision processing project in southeast coastal province of Fujian on September 1, cnmn.com reported.

The project, with total investment at 10 billion yuan, has a planned annual capacity of 800,000 tonnes. The first phase of the project is scheduled to complete construction in 2018, the media added.

Chalco Cuts Aluminum Prices in Major Markets on September 5 

The project will mainly target transportation, environmentally friendly packaging, electronics, and high-end printing sectors. 

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