Alcan group injected US $million into Qingtongxia

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Alcan group injected US $30 million into Qingtongxia Aluminum

Alcan Group signed a joint venture contract with Ningxia Qingtongxia Aluminum Group and Ningxia electric power investment company on July 29, and injected US $30 million into Qingtongxia Aluminum Group to support the development and construction of cooperative projects. This is the first time that the group has invested in Ningxia

Alcan group is currently the largest enterprise group in the global aluminum industry and has the world's leading technical level in the deep processing of aluminum products. In 2002, the group learned during its investigation in Ningxia that Ningxia has good conditions for the development of aluminum and electricity industry, obvious comparative advantages of coal and electricity resources, and has the advantage that the development of non combustible inorganic materials of coal and electricity aluminum and aluminum alloy will also melt and deep processing integration. Therefore, it decided to take Ningxia as the group's aluminum electrical base in Southeast Asia

according to Qingtongxia Aluminum Group, by adopting the integrated mode of deep processing of coal, electricity and aluminum alloy, the joint venture will develop into a world super large aluminum smelting enterprise with an annual output of 650000 tons of electrolytic aluminum in 4 or 5 years

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