Mengli (Baotou) Ferroalloy Company will invest 250 million yuan to build a 300,000 tpy ferroalloy plant in Damaoqi, Baotou, along with a 200,000 tpy pellet plant, a 500,000 tpy sintering plant, a 60,000 tpy lime mill, a 250,000 tpy cement plant, a 200,000 tpy coking plant and a 12,000 kilowatts TRT unit. The project will generate a production value of 600 million yuan, offer job opportunities for 1,500 people and levy 60 million yuan in taxes per year.