On June 19, with the official discharge of system current, Qinghai Yellow River Hydropower Regeneration Aluminum Co., Ltd. marked a total investment of 8.6 billion yuan in renewable aluminum projects in the Ganhe Industrial Park in Xining Economic Development Zone.
The completion and production of this project has injected stamina into the development of Ganhe Industrial Park under the special circumstances of the financial crisis.
Qinghai Yellow River Hydropower Recycled Aluminum Project was established in March 2008. Qinghai Yellow River Hydropower Recycled Aluminum Industry Co., Ltd. is a large company composed of China Aluminum Corporation and Beijing Xinheng Group Co., Ltd., which invested in the Ganhe Industrial Park. The regenerated aluminum-based alloy project has a total investment of 8.6 billion yuan and a construction scale of 650,000 tons of green recycling recycled aluminum-based alloy. After the project is put into production, it can realize an annual output value of 9.7 billion yuan and a tax of 800 million yuan.