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Chinalco States Aluminum Price Close to Production Costs
- China Aluminium Network
- Post Time: 2011/10/25
- Click Amount: 524
(China Aluminum Network) October 25, Luo Jianchuan, the CEO of Chinalco stated that aluminum price has already close to production costs. Before this, aluminum price suffered heavy defeats among commodity market.
This statement shows that Chinalco will faces financial crisis if China continues to take tight monetary policy, and parts of its company may suffered cash shortage.
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