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Hangzhou Jinjiang Group's general manager Zhang Jianyang, vice general manager Sun Jiabin and their team had attended the SECOND BELT AND ROAD FORUM FOR INTERNATIONAL COOPERATION, they also attended the signing ceremony of comprehensive strateg...
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china aluminum----be an investor with fat economic return.
- China Aluminium Network
- Post Time: 2007/4/20
- Click Amount: 639
China aluminum industry official said the company would go all out, insist further to strengthen and enlarge aluminum industry, and to give investors a better return on their investment.
Some official says that as the world’s second alumina manufacturer and the fourth’s primary aluminum manufacture, the company is also china’s largest alumina and primary aluminum operators, with the registered capital of 11.049 billion yuna.
In recent years, China aluminum has focused to launch the acquisition of electrolytic aluminum. The production of primary aluminum increases from 150 million tons in 2005 to 247 million tons by the end of 2006.The Company further improves the industrial chain. The use of alumina increases from 26% in 2005 to 40% by 2006. Meanwhile, overseas development projects are being carried out steadily. Australia Aurukun, Vietnam agricultural projects, Guinea bauxite exploration project and Brazil project have been achieved initial results. The capacity for sustainable development substantially increases.
Benefited from such a good business situation, the major aluminum products output and profit improve steadily. In 2006, the company's alumina output was 8.83 million tons, an increase of 23%; The output of chemical alumina was 1.1 million tons, an increase of 17%. The primary aluminum output was 1.93 million tons, an increase of 84%. Main operating income was 61.896 billion yuan, a year-on-year growth of 63.63%, with net profit of 11.745 billion yuan
The person in charge of the China Aluminum Industry shows that in 2007, the global and Chinese economy is expected to maintain a relatively high growth rate so that to boost aluminum consumption growth and create more space for development. Companies will go all out, further develop and improve the industrial chain, further establish and perfect the system of bauxite resources and support, adhere to build up and expand aluminum, and to give investors a better return on their investment.
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