The groundbreaking ceremony of Gansu Jiatang Aluminum's 6 MTPA alumina project was held in Jiayuguan, Gansu province on Feb 11. The total investment of the project is 6.1 billion yuan. The project will be built in two phases. The first phase includes two 1.2 mtpa production lines, and the second phase has three 1.2 mtpa production lines.
Jiayuguan government, JISCO and Hebei Wenfeng Group signed a strategic cooperation agreement in September 2022, which will help Wenfeng Group transfer capacity, and also help JISCO ensure a secure supply of raw material, improve products quality and reduce production cost. This greenfield alumina project will further extend the aluminum value chain of Jiayuguan city to the upstream, completing the value chain from alumina to deep processing.
JISOC owns 1.7 mtpa aluminum capacity and 60 ktpa aluminum processing capacity. Wenfeng Group's alumina project in Hebei has been put into operatation in 2022, and its total capacity has reached 3.6 mtpa as of Jan 2023 after the third production line being commissioned.