Aluminum Wire
Aluminum wiring is a type of electrical wiring for residential construction or houses that uses aluminum electrical conductors. Aluminum provides a better conductivity to weight ratio than copper, and therefore is also used for wiring power grids, including overhead power transmission lines and local power distribution lines, as well as for power wiring of some airplanes.
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RUSAL plans to double its supply of aluminum metal in China this year
Russian aluminum companies are expanding their presence in China. The world's largest aluminum producer, “Russian Aluminum Corporationâ€, signed a mutual understanding memorandum with the Xinshan Aluminum Industrial Park in Guangxi Zhuang Autonomous Region. This industrial park is the most important structure of the Chinese aluminum industry. The document, signed, stipulates that the two parties will cooperate in the entire process from mining raw materials to producing finished products, including working together in a third country. Russia's aluminum giant Russia Aluminum is not a newcomer in the Chinese market. Five years ago, the company acquired a factory in Lingshi, Shanxi Province. This company produces cathodes for metallic aluminum. After the Russian company invested $3 million in the modernization of the company, the plant's ability to produce cathodes increased from 15,000 tons per year to 25,000 tons. In addition, the plant in Shanxi Province has installed electrical filtration equipment that purifies harmful gases that escape into the atmosphere. The concern for improving the ecological status of the province that produces the most coal in China has cost the Russian owner $325,000. In August 2008, Russian Aluminum purchased another stake in another Chinese factory. This is the cathode factory of Taigu County, Shanxi Province. The latter became a branch of the major company mentioned above. The products of the two plants fully guarantee the needs of the Russian aluminum company in the aluminum plant in Siberia. The signing of the memorandum between the Russian aluminum company and the China's Johor Bahru Aluminum Industrial Park marks a further step forward for the company to open up the Chinese market, which consumes more than one-third of the world's total aluminum production. This document also gives partners new prospects for entering third-country markets. What is said here is the new stage of bilateral cooperation in the field of metallurgy. Pryskachevski, chairman of the Russian State Duma Private Property Committee, said: "I think that Russia's aluminum company is competing for the entire Southeast Asian market through China. Russia is a prominent country in the aluminum market. Russia's system Aluminium is one of the most developed aluminum industries in the world. The company can provide foreign partners with advanced processes and modern standards for aluminum production. I hope that the intellectual potential of the Russian company will determine the shares of future joint ventures. Get the evaluation it deserves.†Since last year, the shares of Russian Aluminum Corporation have been listed on the Hong Kong Stock Exchange. It is expected that the company's bonds will be sold in Hong Kong by the end of this year. Russian Aluminum is the first Russian bond company to issue renminbi-denominated bonds. For the Russian aluminum giants who have successfully operated in 19 countries, this will be a complementary advantage in the competition for the rapidly growing Chinese market. By the way, this year Russia Aluminum plans to double the supply of metal aluminum to China to 100,000 tons.