Apalt and Mitsubishi Aluminum to form JV for aluminum car parts in China

Jiangsu Asia-Pacific Light Alloy Technology (Apalt) and Japan's Mitsubishi Aluminum agreed on March 31, 2020 to set up a joint venture with CNY80 billion registered capital in Jiangsu, China, to make aluminum car parts. Details to be finalized by June and registration by August 2020.

“The pair agreed on March 31 to set up a unit with CNY80 billion in registered capital in Apalt's home province of Jiangsu.”www2.yicaiglobal.com

• 1 source
• www2.yicaiglobal.comApalt, Mitsubishi Aluminum Plan China JVTang ShihuaApr 2, 2020

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