Chalco Shuts 10% of Aluminum Output Capacity on Energy Curbs, Analysts Say

Bloomberg.com reports that due to the imposition of local government’s power restrictions, Aluminum China Corp has shut 10% of it’s aluminum producing capacity.

The story quotes as:

Smelting plants with a combined capacity of at least 400,000 metric tons were closed as local governments limit power use for industrial producers, Heng Kun, a Shanghai-based analyst at Essence Securities Co., said by phone today. The plants are in Henan, Guangxi, Guizhou and Shanxi, he said.

To access the full story, click here.