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DJ China Guangxi Aluminum Smelter To Add 250,000 Tons Output In 09
- China Aluminium Network
- Post Time: 2009/5/22
- Click Amount: 443
Guangxi Laibin Yinhai Aluminum Co., a subsidiary of Guangxi Investment Group Co., plans to produce an additional 250,000 metric tons of aluminum this year, a company spokesman said Tuesday.
Some 500,000 tons of new production capacity is to be created by June, but only about half of the new capacity will be utilized this year because the aluminum market is still relatively weak, said Yang Fan, a spokesman.
Yang confirmed the smelter would aim to fully utilize the additional 500,000 tons capacity next year.
Source: Dow Jones Commodities News via Comtex
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