Regal Metal to construct recycled aluminium project in Shanxi province
According to a Reuters report, Regal Metal announced it will construct a recycled aluminium project in Shanxi province. The plant will have an annual capacity of 300,000 tonnes of secondary aluminium.
The project worth 500 million yuan will be completed in two years with two phases of construction, according to a company statement. The production is likely to start in April 2021 in the first phase. The first phase of the project involves 100,000 tonnes of secondary aluminium capacity.
The plant will manufacture recycled aluminium alloy ingots, high-performance magnesium alloy ingots and other projects. China’s Regal Metal’s project is part of revitalisation of old and abandoned assets, supported by the local government, and building of new assets.
China produced 5.86 million tonnes of aluminium alloy in the first eight months of 2020, according to the National Bureau of Statistics data.
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