# 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.

- Type: Partnership
- Announced: 2020-03-31
- Where: Jiangsu, China
- Value: $11.3B (80.0B CNY)
- Status: announced
- Products: aluminum automotive parts, high-performance aluminum extrusions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mitsubishi Aluminum](https://endata.com/companies/8628.md) (partner)
- [Apalt](https://endata.com/companies/46287.md) (partner)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/apalt-mitsubishi-aluminum-plan-china-jv), 2020-04-02: "The pair agreed on March 31 to set up a unit with CNY80 billion in registered capital"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.