Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

China-based Mingtai Aluminium plans to make Henan Yirui New Material Technology its wholly-owned subsidiary, according to local media reports. Mingtai will invest CNY250mn for the company in Gongyi City in Henan province.


Henan Yirui is involved in the development, design, manufacture, and sales of aluminum plate, strip & foils, automobile aluminum plate, new energy aluminum plate, battery foil, electrode foil; development and promotion services of new aluminum alloy materials and technologies.


Mingtai plans to expand the company’s production scale and increase the proportion of high value-added products such as automotive aluminum sheets, new energy aluminum materials, battery foils, and electrode foils. 



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