Guangyuan Signed Annual Production 500,000 tons Hydroelectric Aluminum Integrated project

(Aluminium Network) Henan Zhongfu Industrial Co., Ltd and Linzhou LinFeng Aluminum Electric Co., Ltd jointly invest and establish a hydroelectric aluminum integrated project with annual production of 500,000 tons was signed agreement at Wanda Realm Hotel. Thirst phase will invest 2.3 billion Yuan, constructs 250,000 tons electrolytic aluminium project and assort with with 200,000 tons alloy bars and 50,000 tons cast rolling plate project. The electrolytic aluminium project may invest 1.8 billion Yuan, support project invest 0.5 billion Yuan. In November the first phase project will start construction and finish in next September. After completion the project can achieve sales revenue 6 billion Yuan, annually tax revenue 0.15 billion Yuan and provide 700 jobs.

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