Guangxi pingguo Aluminum Resources Co., Ltd. has an annual output of 600000 tons of recycled aluminum production project.

Published: Apr 30, 2021 11:57
Source: Guangxi pingguo Aluminum Resources Co., Ltd.

April 27th, Guangxi pingguo Aluminum Resources Co., Ltd. annual output of 600000 tons of recycled aluminum production project held a launching ceremony. Luo Cheng, mayor of the municipal people's government, Li Huacong, member of the standing committee of the municipal party committee and vice mayor of the municipal people's government, and Xing Junjie, chairman of Guangxi pingguo Aluminum Resources Co., Ltd.

It is understood that Guangxi pingguo Aluminum Resources Co., Ltd. has an annual output of 600000 tons of recycled aluminum production project, with a total planned investment of 850 million yuan. After reaching production, it is estimated that the tax revenue will be 350 million yuan and about 900 jobs can be arranged.

Pingguo City has an annual output of 5 million tons of recycled aluminum circular economy industry project with a total investment of 9.84 billion yuan. Three sub-projects have been started, with a capacity of 1.6 million tons of recycled aluminum, with a total investment of 3.542 billion yuan. It is planned to invest more than 1 billion yuan in 2021. This project is a key project of "Industrial strong Guangxi" laid out by the autonomous regional government in Baise. After all the projects have reached production, the production capacity of electrolytic aluminum (recycled aluminum) in Baise will reach 7.5 million tons, which will comprehensively enhance the agglomeration effect of aluminum intensive and deep processing industry. it will inject a strong driving force for the transformation and upgrading of the 100 billion yuan aluminum industry, and lay a solid foundation for energy saving, emission reduction and sustainable development of the Baise ecological aluminum industry demonstration base.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Major Players Hold Prices Firm with Active Trading [SMM South China Spot Aluminum Daily Review]
8 mins ago
Major Players Hold Prices Firm with Active Trading [SMM South China Spot Aluminum Daily Review]
Read More
Major Players Hold Prices Firm with Active Trading [SMM South China Spot Aluminum Daily Review]
Major Players Hold Prices Firm with Active Trading [SMM South China Spot Aluminum Daily Review]
8 mins ago
[SMM Aluminum Flash News] US, EU, Canada and Japan Aluminium Associations Raise Concerns Over China’s Subsidy Support
1 hour ago
[SMM Aluminum Flash News] US, EU, Canada and Japan Aluminium Associations Raise Concerns Over China’s Subsidy Support
Read More
[SMM Aluminum Flash News] US, EU, Canada and Japan Aluminium Associations Raise Concerns Over China’s Subsidy Support
[SMM Aluminum Flash News] US, EU, Canada and Japan Aluminium Associations Raise Concerns Over China’s Subsidy Support
Aluminum associations from the United States, Europe, Canada and Japan highlighted OECD data showing that global aluminum-sector subsidies totaled USD118.3 billion during 2005-2024, with China accounting for USD101.4 billion, or 86% of the total. In 2024 alone, China received USD10.2 billion of the sector’s USD11.1 billion global subsidies. Industry groups noted that China’s share of global primary aluminum output has risen from 11% to 61% over the past two decades, with subsidy-supported growth extending into downstream processing and recycling. The associations called for coordinated measures, including import monitoring systems, tariff alignment and potential scrap export restrictions, to strengthen supply-chain security and support fair competition.
1 hour ago
[SMM Aluminum Flash News] ALFED Launches 2026-2027 Strategic Framework to Strengthen UK Aluminum Industry
1 hour ago
[SMM Aluminum Flash News] ALFED Launches 2026-2027 Strategic Framework to Strengthen UK Aluminum Industry
Read More
[SMM Aluminum Flash News] ALFED Launches 2026-2027 Strategic Framework to Strengthen UK Aluminum Industry
[SMM Aluminum Flash News] ALFED Launches 2026-2027 Strategic Framework to Strengthen UK Aluminum Industry
The Aluminum Federation (ALFED) launched its 2026-2027 Positions & Strategic Priorities Framework during a House of Lords reception in London. Discussions focused on energy competitiveness, recycling and remelting capacity, circular economy development, CBAM alignment and supply-chain resilience. UK Industry Minister Chris McDonald highlighted the importance of expanding domestic aluminum processing, recycling and value-added manufacturing. ALFED noted that the UK aluminum industry supports more than 108,000 jobs and contributes around £9.4 billion in GVA, while continuing to face challenges from high energy costs, investment pressures and evolving trade dynamics. Industry participants called for stronger policy support to enhance long-term competitiveness and resilience.
1 hour ago