Laibin aluminum strip and primary aluminum supporting project report passed review

The reporter learned from relevant departments in Guangxi that the feasibility study report of the 500,000 tons aluminum project of the guests by the previous 250,000 tons/year aluminum strip and primary aluminum supporting projects has now passed the expert review.
The project plans to invest a total investment of 433.89 million yuan, of which construction investment is 332.75 million yuan and current capital is 850 million yuan. The annual sales income of the product is 4,290.17 million yuan, and the total annual profit is 788.791 million yuan, and the annual added value added tax is 218.98 million yuan.
This project intends to use the direct power supply of the Guangxi Qiaoyuan Electric Power Co., Ltd.'s own Qiaogong Hydropower Station and Laibin A Power Plant and Guangxi Domestic Investment Group's own domestic production of high-quality sand alumina with low production cost, combined with domestic advanced mature Electrolytic aluminum production technology and the international level of aluminum processing production technology, the aluminum liquid produced in the electrolysis workshop, directly sent to the aluminum processing plant processed into high value-added continuous casting and rolling aluminum strip products.
Since ordinary aluminum ingots are not produced, the loss and fuel consumption of remelting of aluminum ingots will be avoided, and the consumption of raw materials for production of aluminum strip products will be reduced to a low level, which is equivalent to the international average production cost. Therefore, the aluminum strip products of this project will have extremely strong market competitiveness, and at the same time, it can also be extended downward to develop higher value-added aluminum deep processing industries.

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