Qinghai is another new market in the hardware industry.
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On March 18th, Chinalco and Qinghai Provincial People's Government signed a cooperation framework agreement in Beijing. The two sides decided to carry out comprehensive strategic cooperation in resource exploration and development, aluminum industry and related enterprises in Qinghai. At present, Chinalco's business in Qinghai is mainly concentrated in the aluminum industry. In 2009, Chinalco's aluminum and aluminum alloy production in Qinghai reached 500,000 tons. “The relationship between Chinalco and Qinghai has a long history, and this cooperation has reached a new level,†said Xiong Weiping, general manager of Chinalco. In addition to mineral exploration, the cooperation between Chinalco and Qinghai's local non-ferrous metals companies is also fascinating. Among them, the listed company West Mining (601168), located in Qinghai, seems to be a suitable candidate.
The new plan of Chaidamu: its main content involves the guiding ideology, development ideas, planning period, planning projects, development goals and related policies of the construction of the Qaidam circular economy pilot zone. The "Planning" clearly states that, in accordance with the relevant policies and requirements of the national development of circular economy, under the premise of handling protection and development, in accordance with the ideas of relying on transportation trunks, surrounding advantageous resources, cultivating characteristic industries, and developing circular economy, the first priority is to build one. District Four Parks, relying on the Qinghai-Tibet Railway and Dunge Railway, construct two "industrial corridors" mainly including Golmud, Delingha, Wulan and Dachaidan Industrial Parks, cultivate characteristic advantageous industries, build leading industrial bases, and develop and expand circulation. The economic demonstration core enterprises will stimulate the development of resources in Dulan, Tianjun, Lenghu and Yuya areas, and accelerate the coordinated development of the industrial economy in the experimental area.
The construction of the railway and the abundant aluminum alloy resources provide opportunities for the development of the hardware industry. How to enter Qinghai is a problem that hardware companies should consider. Policy support, rich mineral resources, etc. will open a door for hardware companies.