# 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.

- Type: Partnership
- Announced: 2020-04-02
- Where: Jiangsu, China
- Value: $11.3B (80.0B CNY)
- Status: announced
- Products: aluminum car parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mitsubishi Aluminum](https://endata.com/companies/8628.md) (partner)
- [Jiangsu Asia-Pacific Light Alloy Technology](https://endata.com/companies/46289.md) (partner)

## Sources

- [www2.yicaiglobal.com](https://www2.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 in Apalt's home province of Jiangsu."

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