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Construction kicks off on 100,000-ton secondary aluminum facility in Henan
- China Aluminium Network
- Post Time: 2007/9/22
- Click Amount: 598
Shanghai. September 20. INTERFAX-CHINA - Huilong Aluminum Co. Ltd., a Henen-based aluminum smelter, has commenced construction on a 100,000-ton secondary aluminum smelting facility in the city of Xingyang in Henan Province, a municipal government official told Interfax today. Huilong Aluminum's new facility will recycle scrap aluminum from Shanghai, Hong Kong and New York-listed Aluminum Corporation of China Co. Ltd.'s (Chalco) Henan branch, which has a facility near Xingyang in the city of Zhengzhou," a Xingyang investment promotion bureau official, surnamed Chen, said. Chen declined to further comment on the new smelting facility. The 100,000-ton aluminum smelting facility requires a total investment of RMB 280 million ($37.25 million). The first phase of the facility has a designed annual capacity of 15,000 tons of aluminum strip, which will require an investment of RMB 60 million and take approximately eightmonths to complete, according to a Zhengzhou municipal government announcement released on Monday.
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