China Nickel Resources complete the acquisition project Lianyungang nickel-iron alloy
China's nickel resources, announced that the Group has completed the acquisition of Lianyungang project and the project's groundbreaking ceremony was held engineering, such as the works progress satisfactory, the project company is expected to start production in the second half of 2010, the project is completed annual nickel production to a maximum the level of up to 320,000 tons.
Of nickel resources, Dong Shu-tong, chairman and CEO, said the project is not just for Lianyungang, China's stainless steel tube industry, iron-making technology, high-efficiency green set a new standard, the Group also obviate the inland transportation and non-focus technology, a great savings in production costs is expected after the project was commissioned to create significant benefits for the group
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