Jinma Group restored electrolytic aluminum production

Jinma Group yesterday announced its subsidiary company—Meishan Aostar Aluminum Co.,ltd would start 84 electrolyzer production at May 5th, due to the strong demand on electrolytic aluminium, which formed a strong support for aluminum price.

The report said Meishan Aostar Aluminum Co.,ltd owned 168 electrolyzers totally. At present 84 electrolyzers are in the state of production. After the start of production,168 electrolyzers of Meishan Aostar Aluminum Co.,ltd will resume production.

Before the company has announced on April 8th ‘The draft report of significant asset restructure’, and planned to sell 40% share of Meishan Aostar Aluminum Co.,ltd to the subsidiary company ---Jinbei Aluminum of Shandong Lunneng Group Co.,Ltd.

(source form www.alu.com.cn)

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