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China's Zhejiang Yongjin Metal Technology Co will invest 1.81 billion yuan ($276 million) to build a precision stainless steel processing project in Yangjiang, Guangdong province. The project is scheduled to launch by end of 2020 with annual capacity of 680,000 tonnes.
“The new capacity will be close to our major market of Foshan city in Guangdong, and also close to our raw material supplier.”mining.com
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