Foundry Daily News

China leads world

in nonferrous metals output

<font size="2" face="arial, geneva, helvetica">China has led the world in nonferrous metals output for five years in a row, said sources with the China Nonferrous Metals Industry Association (CNMIA) on Thursday.<br><br>The country's output of ten main nonferrous metals, including copper, aluminum, nickel, lead, zinc and magnesium, surged 17.48 percent year-on-year to 19.17 million tons in 2006.</font>

<font size="2" face="arial, geneva, helvetica">The country produced three million tons of copper, 9.35 million tons of electrolytic aluminum, 2.74 million tons of lead and 3.15 million tons of zinc.</font>

<font size="2" face="arial, geneva, helvetica">Output of nine nonferrous metals - excluding nickel - topped the world.</font>

<font size="2" face="arial, geneva, helvetica">Profits of the country's main nonferrous metals companies soared 99.5 percent to 110 billion yuan (14.1 billion U.S. dollars) last year.</font>

<font size="2" face="arial, geneva, helvetica">In 2007, the country's nonferrous metals output will increase rapidly, with prices remaining at a high level due to rising demand, said Kang Yi, the CNMIA chairman.</font>

Youtube Linkedin Xing