SHANGHAI, Aug 22 (SMM) – Shandong Hongchuang Aluminum Industry Holding said on late Wednesday August 21 that it will build a secondary aluminium project with annual capacity of 200,000 mt to improve its supply chain.
The two-stage project requires about 150 million yuan of investment and locates in Binzhou of Shandong province.
Construction of the first stage of 100,000 mt of capacity will begin in November and last for three months.
![Middle East Trade Chain for Aluminum Foil Disrupted by Geopolitical Conflicts, Down 0.74% YoY in Jan-Feb [SMM Analysis]](https://imgqn.smm.cn/production/admin/votes/imagesGTuRV20240308170025.png)
![Aluminum Plate/Sheet and Strip Exports Face Dual Pressure Despite 16.6% YoY Growth in Jan-Feb [SMM Analysis]](https://imgqn.smm.cn/usercenter/GEsWk20251217171650.jpg)

