Yunnan Aluminium gets approval for 210,000 tonnes second phase at Heqing smelter

The board of directors of Yunnan Aluminium on 26th December’19 has collectively declared the consent of building a 210,000 tonnes/year second phase in its aluminium smelting project at Heqing county, Yunnan province of southwest China.

It is the same company that commissioned the phase one of the identical capacities earlier this year, commented during filing at the Shenzhen Stock Exchange, and also declared they would be investing RMB 1.3 billion ($155.8 million) in this project.

The Chinese state-owned Chinalco, which governs Yunnan Aluminium, presently, has an aluminium production capacity of 2.1 million tonnes and generally, hydropower has been in usage for the energy-intensive smelting process.

The company projected an annual net profit of RMB 96.2 million though they did not convey any timespan during filing for the execution of construction and production of the second phase.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.wokk1.com). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.wokk1.com)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.