Norsk Hydro has agreed to sell its aluminum rolling mill in Malaysia have been $ 2,000 sold to Nippon Foil Co., Ltd., the two sides have reached an agreement.

Hydro’s rolled products business, executive vice president OliverBell said the sale of the plant will be more conducive to the Japanese in the Asian region.

The transaction is expected to be completed by the end of this year.

Factories existing 170 employees, annual production capacity of 12,000 tons of aluminum products.

Norsk Hydro aluminum beneficiation mining processing 1000tph capability:
Aluminum beneficiation production line which including the aluminum beneficiation jaw crusher, aluminum impact crusher pfw, aluminum beneficiation ball mill machines, aluminum beneficiation cone crusher hpc400, aluminum beneficiation mobile crushing plant.

Slowing growth, along with a recent slump in prices, has sparked a string of deferrals and defaults on coal and iron ore deliveries to China and seen stocks of the minerals pile up in the country’s ports.

Aluminium prices have joined a general slump for commodities, with London Metal Exchange metal down 15 percent from the year high hit in early March.