Guanglu financing 3 billion Guizhou to build China's western aluminum industry base

On July 6, Guanglu Group signed a loan agreement with China Construction Bank, Huaxia Bank and Guangzhou Bank Syndicate to raise RMB 3 billion to build and develop the mining project of Guizhou Group's alumina and supporting bauxite mines.
It is understood that Guizhou Guang Aluminum Co., Ltd. is a large-scale aluminum smelting and aluminum processing enterprise that closely develops around the aluminum industry chain. The company's production base is located in Jie Street Town, Qingzhen City, and is a key investment attraction enterprise in Guizhou Province. The first phase of the investment project is an annual output of 800,000 tons of alumina and a supporting 1.36 million tons of bauxite mining project. It has been listed as a key construction project in Guizhou Province, with a total investment of 4.2 billion yuan in the first phase.
According to the construction plan, the above-mentioned project of Guanglu Group is the largest investment project in Guangzhou to the western region, and it is also one of the actions to respond to the developed areas of the country to help the economically underdeveloped regions. After the completion of the first phase of the project, the annual output value will be about 5 billion yuan, and the total annual tax payment will reach 500 million yuan, driving nearly 10,000 direct and related employment personnel. After the completion of the project and supporting mine projects, it will become an aluminum industry base in western China.
Founded in 1993, Guangdong Guanglu Group Co., Ltd. is a leader in the research, development, production, sales and decoration of aluminum profiles. It is the leader in China's aluminum profiles, aluminum products deep processing and aluminum engineering installation industry, and gradually The world's only comprehensive professional aluminum product manufacturing enterprise with bauxite mining, alumina manufacturing, electrolytic aluminum smelting, aluminum sheet and foil production, aluminum product deep processing and aluminum engineering installation complete industrial chain. At present, Guanglu Group has more than ten subordinate enterprises, several modern production bases and dozens of internationally advanced production lines.

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