BIZCHINA / Overseas Investment

Nickel producer to build new plant
(China Daily)
Updated: 2006-05-19 10:44

Canada's Inco Ltd, the world's second largest nickel producer, recently announced it would build a new plant in Dalian, Northeast China's Liaoning Province, to produce nickel products for stainless steel manufacturers in the rapidly growing Chinese market.

Inco will spend US$63 million on its fifth processing plant in China, which will have an annual capacity of 32,000 tons. Construction will start in the third quarter of this year.

(For more biz stories, please visit Industry Updates)