It is reported that Grupo Villar Mir has signed an agreement with Sichuan Kangding Tibetan Autonomous Prefecture government on April 29th that Grupo Villar Mir's subsidiary Ferroatlantica Company will totally invest EUR 820 million to build the global largest silicon metal plant in Kangding Tibetan Autonomous Prefecture, Sichuan, a southwest province in China.
Mr Juan Miguel Villar Mir president of Grupo Villar Mir said the plant will start construction in this September and finish in 2013. It will churn out 100,000 tonnes of chemical grade silicon metal and 50,000 tonnes of Solar Grade Silicon every year when it is on stream.
Mr Juan Miguel Villar Mir added that this new plant is designed with the most advanced technology, and all the solid, liquid and gaseous products will be transported by seal pipe, so the plant will not pollute atmosphere and environment.
Ferroatlantica Company is the largest silicon metal producer in the world.
(Sourced from.Mysteel.net)
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