Shandong Innovation Group plans to invest 600 million yuan ($91 million) to build a carbon plant with an annual output of 300,000 tons in Huolinguole City, Inner Mongolia, to fill the shortage of anodes in the local market.

Located in Zouping Economic and Technological Development Zone, Shandong Innovation Group is one of the largest aluminum fabricators in China, with a total production capacity of more than 5 million tons.

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