Ningbang Supply Chain's secondary aluminum circular industry project lands in Balin Right Banner

Recently, the People's Government of Balin Right Banner signed an investment agreement with Inner Mongolia Ningbang Supply Chain Technology Co., Ltd.

The signed project will be located in the Balin Right Industrial Park, with a total investment of RMB1.25 billion (USD184.40 million), of which RMB1.05 billion (USD154.90 million) is allocated for fixed assets. The first phase of the project will occupy 100 mu (approximately 6.67 hectares) of land, with an additional 200 mu (approximately 13.34 hectares) reserved for supporting facilities. The development will include the construction of 10 intelligent secondary aluminum smelting and refining production lines, capable of producing 300,000tpy of high-quality secondary aluminum alloy ingot. The facility will also be equipped with supporting systems for extracting precious and rare metals as well as environmental protection infrastructure.