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Novelis signed an agreement to build a lightweight high-end automotive aluminum sheet project in Zhenjiang, China. The $300 million facility will produce 230,000 tons of cold-rolled aluminum coils annually for automotive customers.
“Novelis lightweight and high-end automotive aluminum sheet project has a total investment of 300 million US dollars, with a planned area of about 400 acres, which will be invested and constructed in three years.”haythink.com
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