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China aluminium capacity to rise 60 percent by 2015.
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China's annual production capacity of primary aluminium may rise by 60 percent in the next four years as smelters build new facilities in resource-rich provinces, a director at a state-backed industry association said on Wednesday. Hu Changping of the China Nonferrous Metals Industry Association said capacity would jump above 40 million tonnes by 2015 from 25 million tonnes forecast for the end of 2011. China, the world's top producer and consumer of aluminium, may see annual demand grow by an average 8.7 percent between 2011 and 2015, down from 17.3 percent in the past five years, Hu told an industry conference in Zhuhai city, Guangdong province. The transport and building sectors would remain the major driving forces for aluminium consumption growth in the coming four years, he added. China has completed the building of 2.75 million tonnes of new aluminium smelting capacity so far this year of which about one million tonnes has started commercial production, Hu said. In 2012, about 4 million tonnes of new capacity is due to kick off production and the bulk will come from the resource-rich western provinces, especially Xinjiang, boosting the annual capacity to 30 million tonnes, Hu told the conference.
Source: Aluplanet
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