Bairin Right Banner and Ningbang Supply Chain Sign $1.25B Investment Deal for Aluminum Project
Recently, the People's Government of Bairin Right Banner and Inner Mongolia Ningbang Supply Chain Technology Co., Ltd. signed an investment agreement. The project will be located in the Bairin Right Industrial Park, with a total investment of 1.25 billion yuan and fixed asset investment of 1.05 billion yuan. The first phase of the project will cover an area of 100 mu, with an additional 200 mu reserved for supporting facilities. It will build 10 intelligent secondary aluminum melting and refining production lines, with an annual output of 300,000 mt of high-grade secondary aluminum alloy ingots, and simultaneously construct rare and precious metal extraction and environmental protection facilities.