A few days ago, Guangxin Yixiang (Sanmenxia) Aluminum Co., Ltd. built a project with an annual output of 1 million tons of aluminum deep processing, and the first phase of 500,000 tons was approved by the Provincial Development and Reform Commission.
This project is one of the major projects signed by the Central China Expo, and is a successful cooperation between Guangdong Guangxin Foreign Trade Group and Yiyi Coal Group relying on Yixiang Coal Group Yixiang Aluminum to achieve a win-win situation. After the project was signed, the relevant staff of the Municipal Development and Reform Commission worked overtime to obtain the support of the Provincial Development and Reform Commission and made the project pass the Provincial Development and Reform Commission for record.
The project is planned to be built in the Sanmenxia Industrial Park, with a planned investment of 12 billion yuan in the first phase. The main products will have an annual output of 200,000 tons of aluminum profiles and an annual output of 300,000 tons of aluminum plates, strips, and foils. After the completion of the project, it is estimated that an annual profit and tax of 2.5 billion yuan will be realized.