# Novelis to invest $300M in automotive aluminum and recycling expansion in Zhenjiang, China

Novelis signed an MOU to invest approximately $300 million to expand automotive aluminum capabilities and establish the first automotive closed-loop recycling system at its Zhenjiang plant in Jiangsu, China. The project includes expanding the hot mill, adding a cold mill, and is expected to break ground in mid-2021.

- Type: Expansion
- Announced: 2021-01-01
- Where: Zhenjiang, Jiangsu, China
- Value: $300.0M
- Starts operating: Jan 2021
- Status: announced
- Capacity: 100,000 metric tons per year
- Products: automotive aluminum, aluminum recycling
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Novelis](https://endata.com/companies/2475.md)

## Sources

- [investors.novelis.com](https://investors.novelis.com/news-events/press-releases/detail/1306/novelis-expands-automotive-aluminum-capabilities-and-recycling-operations-with-approximately-300-million-investment-in-china), 2021-02-10: "Novelis signed a memorandum of understanding (MOU) on February 4th with the Zhenjiang Jingkou Industrial Zone, in Zhenjiang City, Jiangsu Province, to invest approximately $300 million USD to expand its automotive aluminum capabilities and recycling operations at its Zhenjiang plant."
- [investors.novelis.com](https://investors.novelis.com/news-events/press-releases/detail/1311/novelis-commits-to-driving-sustainability-goals-with-leading-innovative-solutions-at-the-auto-show-shanghai-2021), 2021-04-23: "Novelis completed the expansion of the Changzhou plant for its new heat treatment line, doubling the capacity to produce automotive aluminum products."

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