Chinalco to Build New Foil Plant

Chinalco, the Chinese state parent of national aluminium favourite Chalco, said it is planning to invest 3.7 billion yuan (around US$520m) to build a new aluminium foil plant in the province of Sichuan.

The plant, to be located in the city of Chengdu, will have a capacity of 100,000tpy, Chinalco said without providing further details.

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