China-based coal operation company Inner Mongolia Mengtai Group Co. Ltd. has reportedly started constructing its high-end aluminium alloy project, which will have a production capacity of 200,000 tonnes per year. The news came after local news media reported at Dalad Banner Economic Development Zone in Inner Mongolia on June 18.
This is a subproject under Mengtai Group’s 900,000 tonnes per year aluminium plate and strip project. The total amount of investment required for this project is about RMB 2 billion.
Phase-one capacity of the project is expected to come online in 2020, with a capacity of 100,000 tonnes. It is designed with eight melting and casting lines.
With molten aluminium produced by the Group as feedstock, the subproject will produce high-end aluminium alloy materials that could be used as alternatives for imports and widely applied in automobile manufacturing, rail transport, as well as in electronic, military, and aviation fields.
Once the full production will start at the subproject, it will have a production value exceeding RMB 5 billion.
On the other hand, East China’s Anhui province will reportedly add three major aluminium processing projects in 2019, which are estimated to consume a total of 280,000 tonnes of aluminium in a year.
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