On the morning of March 3 at Jiujiang, Guangdong, the U.S.-based Allied Mineral Products held a cornerstone laying ceremony for its refractory material project.

The project has a total planned investment of over RMB100 million (USD15.36 million) and will be solely owned by Allied Mineral Products. It will occupy a land area of about 40 Mu (2.67 hectares) in the Jiujiang Lingang International Industrial Zone and is expected to contribute a total taxation of no lower than RMB36.40 million (USD5.59 million) during the years from 2025 to 2027.

The project will focus on production of refractory materials and auxiliary products, consisting of five advanced compound production lines introduced from abroad. When it goes into operation, it is expected to have an annual production capacity of around 50,000t, able to cater to demand from South China and Southeast Asia for high-quality refractory materials.