Tranvic Group will Invest 2 Billion in Developing Nujiang Lead and Zinc Ore and Creating National Non-ferrous Metal Base
- Categories:Industry News
- Author:
- Origin:China Business News
- Time of issue:2020-12-18
- Views:0
(Summary description)After disclosing its listing plan, Tranvic Group, Sichuan mineral giant, signs a strategic cooperation agreement with Nujiang Government, Yunnan Province officially. In the future 5 years, Tranvic plans to invest 2 billion yuan in developing non-ferrous lead and zinc ores comprehensively in Nujiang and construct an annual output of 100000t lead and zinc smelting plant.
Tranvic Group will Invest 2 Billion in Developing Nujiang Lead and Zinc Ore and Creating National Non-ferrous Metal Base
(Summary description)After disclosing its listing plan, Tranvic Group, Sichuan mineral giant, signs a strategic cooperation agreement with Nujiang Government, Yunnan Province officially. In the future 5 years, Tranvic plans to invest 2 billion yuan in developing non-ferrous lead and zinc ores comprehensively in Nujiang and construct an annual output of 100000t lead and zinc smelting plant.
- Categories:Industry News
- Author:
- Origin:China Business News
- Time of issue:2020-12-18
- Views:0
After disclosing its listing plan, Tranvic Group, Sichuan mineral giant, signs a strategic cooperation agreement with Nujiang Government, Yunnan Province officially. In the future 5 years, Tranvic plans to invest 2 billion yuan in developing non-ferrous lead and zinc ores comprehensively in Nujiang and construct an annual output of 100000t lead and zinc smelting plant.
Tranvic Group is a large manufacturer in Sichuan and its comprehensive strength ranks 308 in China Enterprise Top 500. In recent years, Tranvic implements resource development and processing strategy rapidly in China, with quite scale in steel, iron, cement and other processing industries and rapid development in resource possessing and development. Currently, it has 12 mines such as iron, copper, coal, vanadium-titanium, lead-zinc and limestone both at home and abroad. It has become a large comprehensive group with annual output of 2,900,000t iron, 3,000,000t steel, 3,100,000t steel product and 3,600,000t cement and annual development of 330,000m2 real estate. Wang Jin, President of Tranvic Group, says Tranvic has been generous in mineral resource development field in recent years to start Tranvic listing plan as soon as possible; it signs strategic cooperation agreement with Kuwait lately; it marches Nujiang development mineral product of "Yunnan Treasured Place", marking comprehensive acceleration of mineral development strategy of Tranvic.
Tranvic Group advanced Nujiang, Yunnan for exploration as early as April this year. Nujiang Prefecture, a significant channel for Yunnan advancing Tibet on the north and Myanmar on the west, has global hydraulic power, mineral product, tourism and other resources, and lead-zinc ore resource that is the largest in Asia and the second largest in the world. It is revealed that plans to invest 2 billion yuan in developing non-ferrous lead-zinc ore, constructs an annual output of 100,000t lead-zinc smelting plant and creates Nujiang to a national non-ferrous metal base in the future 5 years.
Asia Aluminum Industrial City further consolidates and improves enterprise strength. It is known that production capability of AAG is expected to be up to 1,000,000t next year to become the largest aluminum processing enterprise in the world.
Editor in charge: Party Committee Office of Group
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