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jonbarnes on 2008-05-29In late-May, two further large metal recycling projects have been announced in China as the country seeks to satisfy its burgeoning need for scrap metal given its shortfall in mineral resources. The Wuzhou Resource Recycling project has been approved to be constructed in Cangwu county in Guangxi province. The total investment in the project is 15bn Yuan. The construction is planned to cover an area of 667 hectares, divided into three stages, and will eventually create 40,000 new jobs. Separately, the Zhonghong recycling industrial park in Shenyang, Liaoning province has been completed and is to open in early June. The industrial park covers an area of 3 square kilometres and has cost 5bn Yuan to develop. It will create 10,000 employment opportunities and has dismantling capacity of 1 million metric tonnes per year.
jonbarnes on 2008-05-29China to boost scrap recovery for smelters and fabricators