THE US$180mil (RM684mil) magnesium plant to be located in the K-munting industrial estate near Tai-ping is expected to begin its first production for the world market in Oc-tober next year.
According to Perak State Industrial and Entrepreneurship Development and Information Committee chairman Datuk Ramly Zahari, New World Alloys Ltd has confirmed with the Perak state government that it would establish the plant following numerous negotiations and studies showing that the project is technically and economically feasible.
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