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THINK ALUMINIUM THINK AL CIRCLE
According to the performance statement provided by Shenhuo Shares, the Shenlong Baoding Phase II project, which involves the production of 60,000 tonnes of new energy battery aluminium foil, is progressing actively.
The installation of the rolling mill has already commenced, and it is anticipated that production will commence in early 2024, with full-scale production expected in the second half of the same year.
Furthermore, the company intends to augment the procurement of premium resources, such as coal, through equity acquisition and alternative methods. It aims to expand the advanced capacity of electrolytic aluminium in regions with notable cost benefits by acquiring production capacity indicators, thereby achieving cost-effective expansion.
Additionally, the company seeks to foster the growth and enlargement of its primary industry, thereby bolstering its capacity for sustainable development.
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