Spheroidizing agent project near completion in Baotou

A spheroidizing agent project owned by Sino-Glory Metal Industrial (Baotou) Ltd (SG Alloy for short) is currently in the device installation stage in Baotou, North China’s Inner Mongolia autonomous region, and is scheduled to be completed by mid-April, reports Baotou Daily.

Located in Inner Mongolia New Materials Industrial Park, the project features enhanced product quality with the addition of rare earth metals, increasing tensile properties and other mechanical properties of the castings.

After the project begins production, it is estimated that the annual operating revenue will exceed 400 million yuan ($59.05 million), with profit and tax over 10 million yuan.

A spheroidizing agent project owned by Sino-Glory Metal Industrial (Baotou) Ltd is currently in the device installation stage in Baotou, North China’s Inner Mongolia autonomous region. [Photo/Baotou Daily]