Yunnan Aluminium Holdings increase capital in Runxin Aluminium

According to Yunnan Aluminium Holdings, it is going to increase capital of no more than 0.15 billion yuan in Runxin Aluminium to support the 0.1 million aluminium strip project.

Through capital increase, said Yuannan Aluminium Holdings, registered capital of Runxin Aluminium raised to 626.332.000 yuan from 417,632,000 yuan.

Besides, electric price of production use for ten industries including aluminium, copper, tin, lead, zinc, steel, iron, etc is reduced 0.06 yuan, which means electric cost of each ton aluminium is 800 yuan lower. However, this can not ease the substantial fall of aluminium price in the market

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