Wednesday, March 26, 2008

China 2007 nonferrous metals output ranks world No.1

China's 10 types of nonferrous metals output surged 23.44% to hit 23.6052 million tons in 2007, ranked the world's No.1 for the sixth consecutive year, according to the new report from the press conference held by the China Nonferrous Metal Industry Association on Tuesday.

Among those nonferrous metals, the output of electrolyse aluminum increased to 3.2 million tons in 2007, accounting for 72% of the total output.

In 2006, the total output of 10 varieties of non-ferrous metals surged 17.48% year-on-year to 19.17 million tons, including 2.99 million tons of copper, 2.74 million tons of lead, 3.15 million tons of zinc and 3.95 million tons of electrolytic aluminum. The profits of the non-ferrous enterprises reached RMB 110.03 billion.

China aims to realize the annual output of non-ferrous metals of over 30 million tons by 2010.

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