Zhongde Group invests $42M in aluminum-magnesium alloy project

Shanxi Zhongde Investment Group plans to invest 300 million yuan (approx. $42 million) in a second-phase project to produce 2.6 million aluminum-magnesium alloy parts annually for new energy vehicles and general aviation, at its existing site in Changzhi, Shanxi.

“山西中德投资集团有限公司拟在现有厂址内新建2个车间，并改造利用现有1个车间，投资30000万元，实施中德新能源汽车轻量化铝镁合金（通航配套）二期项目”al.iyunhui.com

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• al.iyunhui.com中德新能源汽车轻量化铝镁合金（通航配套）二期项目-铝业资讯Apr 29, 2020

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