Nanshan Aluminum to build 40,000-tpy high-precision aluminum foil project

Longkou Nanshan Aluminum Rolling New Materials Co. is planning to build a 40,000-tpy high-precision multi-functional aluminum foil project in Longkou, Shandong.

The project will take three years to construct, Shandong Nanshan Aluminum Co. – its parent company – said in its report filed to the Shanghai Stock Exchange today.

The 772.77 million yuan ($ 125.34 million) facility will yield 825.64 million yuan in revenues and 42.46 million yuan in profits annually, it added.

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