China’s Dowell starts building Henan magnesium wheel plant

摘要

China’s Dowell Science AndTechnology has started building its 1 millionunits/year magnesium alloy auto wheel report on its website on June 14.A total investment of Yuan 500million ($75 million) is required for theproject, of which Yuan 400 million willcome from the producer and theremainder Yuan 100 million from banks,according to the Industrial SpecialResources Protection Office of thePeople’s Government of Liaoning.