China Jiaozuo Wanfang Aluminium cuts smelting capacity

SHANGHAI Oct 19 (Reuters) - China's Jiaozuo Wanfang Aluminium (000612.SZ: Quote) said on Tuesday it would cut its aluminium smelting capacity by one-third due to a shortage of electricity.

The company, which owns an annual aluminium smelting capacity of 420,000 tonnes, said it will reduce its capacity by 140,000 tonnes per year, effective immediately. (Reporting by Ruby Lian and Soo Ai Peng; Editing by Ken Wills)

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