Capacity of Aluminum Plant in North China to Be Expanded

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Last updated at: (Beijing Time) Tuesday, July 29, 2003

Capacity of Aluminum Plant in North China to Be Expanded

China has begun a 1.18 billion US dollar project to expand the production capacity of an aluminum plant in Shanxi Province, north China.

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China has begun a 1.18 billion US dollar project to expand the production capacity of an aluminum plant in Shanxi Province, north China.

Shanxi Aluminum Plant will increase its capacity by 800,000 tons, and 280,000 tons of electrolytic aluminum, and a power plantwith a designed capacity of 600,000 kilowatts.

The project, which is expected to be completed in two years, will enable the plant to produce 10 varieties of products with high added value.

The project will help the plant increase sales volume by 10 billion yuan (1.21 billion US dollars), bringing about 3 billion yuan (365 million US dollars) in profits and taxes.

Shanxi Aluminum Plant has the capacity to produce 1.4 million tons of aluminum, compared with 120,000 tons in 1983 when it was set up.

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