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| Jinzhou Nichiden Ferroalloy Commences Its Operation On Substantial Scale From 1st April |
| = To Produce 35,000 Tons Of Silico-Manganese In 2006 |
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Jinzhou Nichiden Ferroalloy Co., Ltd., as a joint venture company established by Nippon Denko of Japan and Jinzhou Ferroalloy Works of China, is scheduled to start the production of silico-manganese from the 1st April of this year. Its test run is commenced in March and the operation on a substantial scale is expected to start from April. This joint venture company has planned to produce 35,000 tons of silico-manganese in 2006. This new plant has possessed two 16.5 MVA electric furnaces, which are able to produce 50,000 tons per annum of silico-manganese, and plans to sell the whole quantity to be produced in the market of Japan. This plant started its construction from July of 2005 and the amount of CNY 212.5 million ( corresponding to approximately Yen 2,900 million ) was invested in this construction. For a reference, the budget announced in September of 2004 was Yen 1,600 million. Jinzhou Nichiden Ferroalloy has planned to hold an inauguration in June of this year. Manganese ore as raw material for production of silico-manganese is scheduled to purchase from BHP Billiton ( to import from Australia and South Africa ) and to procure low grade ore from local mines. In addition, manganese slag ( containing about 25% of Mn ) generated at the Tokushima plant of Nippon Denko in the course of producing ferro-manganese is planned to be used. Also, this joint venture company is considering an operational strategy, which produces high carbon ferro-manganese in the future for sales in China. |
| last modified : Mon 27 Feb, 2006 [10:40] |
