Nanshan Aluminium Purchase Natural Gas Capital of Nansan Group

Nanshan Aluminium announces that it has signed ¡°Capital Transfer Agreement¡± with Nanshan Group to transfer related capital of natural gas project invested by Nanshan Group, which was completed in September 2005 with estimated value of 0.11 billion yuan.

The company shows that natural gas is an important energy for production and smelting of alumina as well as the key tache in aluminium industry chain. The procurement will obviously decrease production cost and further reduce deals with Nanshan Group, which is beneficial for normative and sound development of the whole company.

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