On September 10, Weng'an county government and Ningbo Wanrong Special Steel Co., Ltd. held a signing ceremony for the secondary lead alloy and non-ferrous metal comprehensive utilization project.

It is understood that the project has annual capacity of 120,000t for secondary lead alloy and 100,000t of non-ferrous metals, and it is located in Weng'an Qingkeng Industrial Park. With an estimated investment of RMB1 billion (USD0.15 billion), the project will be constructed in two phases. And its output value can reach RMB3 billion (USD0.44 billion) and it would pay tax of RMB200 million (USD29.6 million) annually.