ANL 0.00 Decreased By ▼ -15.34 (-100%)
ASC 13.22 Decreased By ▼ -0.02 (-0.15%)
ASL 17.53 Decreased By ▼ -0.07 (-0.4%)
BOP 8.65 Decreased By ▼ -0.05 (-0.57%)
BYCO 7.29 Increased By ▲ 0.09 (1.25%)
FCCL 19.10 Increased By ▲ 0.66 (3.58%)
FFBL 0.00 Decreased By ▼ -22.95 (-100%)
FFL 0.00 Decreased By ▼ -15.05 (-100%)
FNEL 0.00 Decreased By ▼ -7.09 (-100%)
GGGL 0.00 Decreased By ▼ -16.70 (-100%)
GGL 27.89 Increased By ▲ 0.09 (0.32%)
HUMNL 6.78 Increased By ▲ 0.08 (1.19%)
JSCL 19.25 No Change ▼ 0.00 (0%)
KAPCO 27.25 Increased By ▲ 0.55 (2.06%)
KEL 3.34 Decreased By ▼ -0.08 (-2.34%)
MDTL 0.00 Decreased By ▼ -2.14 (-100%)
MLCF 0.00 Decreased By ▼ -35.30 (-100%)
NETSOL 0.00 Decreased By ▼ -101.20 (-100%)
PACE 0.00 Decreased By ▼ -4.11 (-100%)
PAEL 26.49 Increased By ▲ 0.30 (1.15%)
PIBTL 0.00 Decreased By ▼ -8.14 (-100%)
POWER 0.00 Decreased By ▼ -7.25 (-100%)
PRL 0.00 Decreased By ▼ -16.11 (-100%)
PTC 0.00 Decreased By ▼ -9.04 (-100%)
SILK 0.00 Decreased By ▼ -1.47 (-100%)
SNGP 0.00 Decreased By ▼ -39.97 (-100%)
TELE 0.00 Decreased By ▼ -16.55 (-100%)
TRG 0.00 Decreased By ▼ -126.00 (-100%)
UNITY 29.35 Decreased By ▼ -0.55 (-1.84%)
WTL 0.00 Decreased By ▼ -2.38 (-100%)
BR100 4,733 Increased By ▲ 3.3 (0.07%)
BR30 20,339 Increased By ▲ 22.52 (0.11%)
KSE100 45,544 Decreased By ▼ -34.5 (-0.08%)
KSE30 17,811 Decreased By ▼ -60.87 (-0.34%)

BEIJING: China’s Chongqing Shunbo Aluminum Co, a maker of recycled aluminium products, said on Wednesday it planned to build a 5.6 billion yuan ($868.45 million) production base in the country’s eastern Anhui province.

China, the world’s biggest producer and consumer of aluminium, is seeking to recycle more of the metal to cut its environmental footprint and reduce emissions from the energy-intensive smelting sector. In a filing to the Shenzhen Stock Exchange, Shunbo said it signed an agreement with Bowang district in the city of Maanshan to build a project with annual output of 400,000 tonnes of “green aluminium,” as well as 300,000 tonnes of slab and 200,000 tonnes of aluminium bar. Other aluminium products such as plate and foil can also be processed, it added.

Comments

Comments are closed.