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[Al] Xingfa Aluminum Plans for Aluminum Profile Project

iconJul 20, 2009 00:00

SHANGHAI, July 20 -- Hong Kong Stock Exchange-listed Xingfa Aluminum Holdings Ltd. (Xingfa Aluminum) announced on July 16th that it plans to invest at least RMB 1 billion ($146.39 million) to establish a 50kt/yr aluminum profile processing facility in Yichun City, Jiangxi Province.

    The company has not regulated any legally binding agreement yet, and will make another announcement in the future.

    (Edited by CBI China)

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