China Aluminum International Engineering (HKG:2068, SHA:601068), or Chalieco, said a consortium led by its Shenyang Aluminum & Magnesium Design Institute has won the engineering, procurement and construction contract for Shanxi Zhaofeng's new electrolytic aluminum project.
The phase one development, with a planned capacity of 294,000 tons per year, is valued at 3.03 billion yuan, according to a filing with the Shanghai bourse.
The project aims to reach energization readiness by September 2026.
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