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Yunhai Metal: Subsidiary plans to invest in the construction of a magnesium-aluminum alloy innovation research and development center project
- China Aluminium Network
- Post Time: 2022/11/25
- Click Amount: 698
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【Aluminum Road Network】
On November 24, Yunhai Metal announced that its subsidiary Wutai Yunhai Magnesium Industry Co., Ltd. plans to invest in the construction of a project with an annual output of 100,000 tons of magnesium-based light alloy and 50,000 tons of magnesium alloy deep processing, with a total investment of 3.238 billion yuan; the subsidiary Chongqing Boao plans to invest in the construction of an annual production of 15 million magnesium alloys for medium and large-scale auto parts and magnesium alloy innovation research and development center projects. The investment in fixed assets of the project is 646 million yuan; the subsidiary Nanjing Yunhai Precision plans to invest in the construction of an annual production of 30,000 tons For the magnesium alloy die-casting project, the fixed asset investment of the project is 750 million yuan; Tianjin Liuhe Magnesium plans to invest in the construction of a magnesium alloy die-casting project with an annual output of 2.5 million pieces, with a total investment of 80 million yuan. Source:
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