AGL 38.50 Increased By ▲ 0.93 (2.48%)
AIRLINK 131.76 Decreased By ▼ -0.74 (-0.56%)
BOP 5.59 Decreased By ▼ -0.05 (-0.89%)
CNERGY 3.84 Increased By ▲ 0.07 (1.86%)
DCL 8.65 Decreased By ▼ -0.22 (-2.48%)
DFML 40.80 Decreased By ▼ -0.20 (-0.49%)
DGKC 89.05 Decreased By ▼ -1.11 (-1.23%)
FCCL 35.25 Increased By ▲ 0.17 (0.48%)
FFBL 66.48 Decreased By ▼ -0.02 (-0.03%)
FFL 10.45 Increased By ▲ 0.30 (2.96%)
HUBC 109.40 Increased By ▲ 3.00 (2.82%)
HUMNL 14.66 Increased By ▲ 1.26 (9.4%)
KEL 4.80 Decreased By ▼ -0.06 (-1.23%)
KOSM 7.07 Increased By ▲ 0.22 (3.21%)
MLCF 42.48 Increased By ▲ 0.68 (1.63%)
NBP 59.49 Increased By ▲ 0.91 (1.55%)
OGDC 183.70 Increased By ▲ 2.45 (1.35%)
PAEL 25.55 Decreased By ▼ -0.15 (-0.58%)
PIBTL 5.91 Increased By ▲ 0.08 (1.37%)
PPL 147.02 Decreased By ▼ -1.38 (-0.93%)
PRL 23.51 Increased By ▲ 0.29 (1.25%)
PTC 16.50 Increased By ▲ 1.26 (8.27%)
SEARL 69.50 Increased By ▲ 0.71 (1.03%)
TELE 7.25 Increased By ▲ 0.01 (0.14%)
TOMCL 35.77 Decreased By ▼ -0.23 (-0.64%)
TPLP 7.51 Increased By ▲ 0.11 (1.49%)
TREET 14.10 Decreased By ▼ -0.14 (-0.98%)
TRG 50.90 Increased By ▲ 0.05 (0.1%)
UNITY 26.87 Increased By ▲ 0.47 (1.78%)
WTL 1.23 Increased By ▲ 0.02 (1.65%)
BR100 9,812 Increased By 43.8 (0.45%)
BR30 29,768 Increased By 368.4 (1.25%)
KSE100 92,329 Increased By 391.3 (0.43%)
KSE30 28,832 Increased By 88.7 (0.31%)

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.