Guizhou Xingren Denggao New Materials company will build a 250,000mt liquid aluminium plant in August 2021. The company is in Xingren, southwestern Guizhou province in China.
The company started production of 248,000mt of molten aluminium, creating an output value of CNY3.5bn. Once the plant is functional, the company will produce 500,000mt of molten aluminium fetching an output value of CNY28bn.
Xingren New Material company is a joint venture of Guizhou Golden Phoenix Industrial Investment Co. and Guizhoous Jinzhou Electric company.
($1= CNY6.36)