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Yunhai Metal, together with Baosteel Metal, plans to invest 10.4 billion yuan in a 300,000-ton-per-year high-performance magnesium-based light alloy and deep processing project in Qingyang County, Anhui Province.
“公司、公司第二大股东宝钢金属与安徽青阳县政府,经过充分沟通和友好协商,拟共同投建年产30万吨高性能镁基轻合金及深加工项目,项目固定资产投资为104亿元人民币。”gelonghui.com
Summarized from public sources; check the original articles before acting on it.