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FACTBOX-China's metal smelters H1 production

Wednesday, Aug 26, 2009
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SHANGHAI, Aug 25 (Reuters) - China's metal smelters have started to announce production details for the first half of 2009, with more expected this month. Aluminum Corp of China Ltd (Chalco), the world's No. 3 alumina producer and China's top aluminium producer, said on Tuesday its alumina output in the first half tumbled 31.6 percent to 3.2 million tonnes. Chalco produced 1.61 million tonnes of aluminium, up 5.9 percent from a year earlier, the company said in a filing to the Shanghai Stock Exchange. Chalco expected its 2009 alumina output to fall 11 percent from a year earlier to 8 million tonnes, and its aluminium output to rise 5 percent. Jiangxi Copper Co, China's top integrated copper producer, said its copper cathode output in the first half of the year rose 1.37 percent from a year earlier. Jiangxi Copper expects the global economy to recover slowly, pushing up copper demand. As the dollar is likely to remain weak and the possibility of inflation grows due to excessive liquidity, copper prices are unlikely to fall deeply, the company said in its interim report. The list shows smelters that have already reported output figures, in tonnes, and those that are expected to announce production details soon. Code Producer Metal H1 Change* Aluminum Corp of China Aluminium 1,610,000 5.9 Alumina 3,200,000 -31.6 Jiangxi Copper Copper 370,000 1.37 Gold 10.013 39.07 Silver 239 19.50 Tongling Nonferrous Copper N/A Yunnan Copper Copper 122,800 -35.08 Gold 2.84 -55.92 Silver 140.24 -16.64 Yunnan Aluminium Aluminium 193,412 0.7 Jien Nickel Nickel N/A Henan Yuguang Lead 151,400 -1.17 Gold 1.04 2.66 Silver 314.257 28.34 Huludao Zinc Zinc 155,000 -11.82 Lead 8,350 1.11 Zhuzhou Smelter Zinc & Lead 260,800 8.87 Yunnan Tin Tin products 11,213 -39 * Percentage change on year Source: Company statements

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