Shandong Weiqiao-backed 1.9 mln t/y primary aluminum project in Yunnan starts production

Yunnan Honghe New Materials Co., Ltd., a subsidiary of Shandong Weiqiao Pioneering Group, on July 9 opened the first batch production lines of its 1.93 million tonnes/year low-carbon primary aluminum project in Luxi county, Honghe autonomous prefecture, Southwest China's Yunnan province, according to local media. Shandong Weiqiao Pioneering Group is also the parent company of Chinese aluminum giant China Hongqiao Group, Mysteel Global notes.

The entire 1.93 million t/y production capacity has been transferred to Yunnan from Shandong Weiqiao's six aluminum projects in Binzhou city, East China's Shandong province, through a capacity swap, publicly available information shows. The initial batch brought online on Wednesday is expected to contribute over140,000 t/y, Mysteel Global has