Apalt and Mitsubishi Aluminum plan joint venture for aluminum car parts in China

Jiangsu Asia-Pacific Light Alloy Technology (Apalt) and Mitsubishi Aluminum agreed on March 31 to set up a joint venture with CNY 80 billion registered capital in Jiangsu province to make aluminum automotive parts.

“The pair agreed on March 31 to set up a unit with CNY80 billion in registered capital”yicaiglobal.com

• 1 source
• yicaiglobal.comApalt, Mitsubishi Aluminum Plan China JVTang ShihuaApr 2, 2020

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