China Aluminum's Northwest Aluminum Processing Base Project Progresses Smoothly

China Aluminum's Northwest Aluminum Processing Base project has a total investment of 3.78 billion yuan. Since the foundation was laid on April 6 last year, various efforts have been carried out to complete all the preliminary work of the project. The formal construction began on March 1. At present, two construction companies in China, Six Metallurgical and 12 Smelt, are participating in the construction and are stepping up construction.


According to the person in charge of the Ministry of Infrastructure Projects, Chinalco's Northwest Aluminum Processing Base Project is currently the city's largest industrial construction project, with a total of 368 mu of land for the entire project. The project is divided into two phases. The first-phase project, with an annual output of 50,000 tons of aluminum foil, will be completed and put into production by the end of 2009. The project will invest 1.5 billion yuan, of which the construction investment will be 1.34 billion yuan (including foreign exchange 8.38871 million US dollars); the second phase will have an annual output of 20 The 10,000-ton strip project is being demonstrated and is expected to be completed and put into operation by the end of 2010. Three years later, the production capacity of Northwest Aluminum Processing Company will be expanded from the current 100,000 tons to 300,000 tons. The fixed assets of the company will be increased from the current 1.4 billion to 5 billion.