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[Ferro-Alloys.com] 

   Inner Mongolia Xintaiyuan New Material Co., Ltd was invested by Xinganglian and TISCO group jointly, which was also the TISCO group’s production base of stainless steel ferrochrome raw materials. Founded in March 2019, its registered capital was 300 million yuan. The project’s total investment was 2.5 billion yuan, producing 0.8 million tons of high-carbon ferrochrome and 0.3million tons of ferronickel, with a total production capacity of 1.1 million tons and an annual output value of 8 billion yuan. It adopted the world advanced PHS process technology, the highest production efficiency and the best comprehensive utilization of resources to build an automatic and intelligent environmentally-friendly factory, developed by model enterprises in ferrochrome industry. 

  The phase I started construction in July 2019 and would put into operation on November 20, 2020, with the total investment being 1.6 billion yuan. Four sets of 36000kKVA high-carbon chromite furnaces and supporting facilities would be built, its annual production capacity and annual output value were 0.5 million tons and 4 billion yuan, respectively. 

• [Editor:Catherine Ren]