100,000 tons of aluminum alloy rod wire settled down Guangxi Shuangli Aluminium

On August 31st, the signiture ceremony of annual productive capacity of 100,000 tons aluminum alloy rod wire project of Guangxi Shuangli Aluminium Co.Ltd was held in overseas Chinese industrial park in Qianjiang.

It was reported that with a total investment capital of 300 million yuan, this aluminum alloy rod wire project of Guangxi Shuangli Aluminium Co.Ltd was established during two phases. The first phase investment was 150 million Yuan to built annual production capacity of 50,000 tons, which was expected to put into operation in April 2011 with yearly profit of 720 million Yuan. The second phase investment reached 150 million Yuan. It was expected to start in October, 2011 and finished in June 2012. After completion of these two phases, the annual profit would reach 1.8 billion Yuan.

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