Guangyin Aluminum Extended Chain of 500 Thousand Tons Aluminum Processing Project Put Trial Production

(China Aluminum Network) Recently, 500 thousand tons of aluminum project of Guangyin Aluminum put into trial production. The first stage is 200 thousand tons.
It is the core project of Guangxi Investment Group; it is to plan 3 billion Yuan; first stage investment is 1.6 billion Yuan. After production, the annual income is 5 billion Yuan and tax of 650 million Yuan. The project extended the chain of Guangxi aluminum production in order to cast an integrative eco-aluminum chain of bauxite, alumina, electrolytic aluminum, aluminum profiles, renewable aluminum using, and aluminum processing supporting industries. This project could upgrade aluminum industries of Guangxi, set up the new flag of reducing cost and improving quality; and it is significant to the healthy and sustainable development of Guangxi eco-aluminum industries.
It is said that Baise Xinshan Aluminum park plans an areas of 13.68 sqm with total investment of 25 billion Yuan. After completion of project, yearly output will reach 27 billion Yuan and tax of 2.1 billion Yuan, and it could add 6500 jobs. Since the construction has been formally started, adopting “co-management of city and town governments and two shared financial” and constructed through guideline of government, market operating self-management, and social participation. Currently, the park has Guangyin Aluminum, Zhongjin Company, Fencheng Machinery, Shuocheng Paper, Guangxi Suyuan Investment Company, etc. Baise Xinshan Aluminum has already been listed as an industrial park and there are ten enterprises which were classified as the major projects of autonomous regions.

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