08
Sep
08:59
Tinci Materials to expand investment to improve iron phosphate project
Shenzhen-listed Tinci Materials’s board of directors decided to increase investment in its iron phosphate project to CNY 1.28 billion ($174.35m) to refine production processes, Kallanish learns.
The plan is to improve the second phase of the 300,000 tonnes/year iron phosphate project in Yichang, Hubei Province. Total investment was originally set at CNY 1 billion. The company explains the main reason for the investment upgrade is that the first ph…
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Anonymous
Very good overview of the weekly steel market.
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