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Xinfa Group Denies Rumor of Illegal 1.1 Mln-tpy Aluminum Project, SMM Reports

iconJul 11, 2017 14:25
Source:SMM
Xinfa Group denied the rumor of one 1.1 million-tpy of illegal aluminum project.

SHANGHAI, Jul. 11 (SMM) – It rumors that environmental protection team has found 1.1 million-tpy of illegal aluminum capacities at Shandong Xinfa Group, which has not been approved by China’s National Development & Reform Commission and Ministry of Environmental Protection. Shandong Xinfa Group is one of China’s largest aluminum producers.

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Person familiar with the matter says that the illegal aluminum capacity may be closed down, or replaced.

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However, Xinfa Group has denied the rumor, SMM learns.

Attention should be on audit result by local development & reform commission.

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