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China non-ferrous metals output up 10.6% in 2011

(Xinhua)

14:21, January 24, 2012

BEIJING, Jan. 23 (Xinhua) -- China produced 34.24 million metric tons of 10 major non-ferrous metal products in 2011, up 10.6 percent year-on-year, according to data from the National Development and Reform Commission (NDRC).

The non-ferrous metal output growth decelerated by 6.7 percentage points from the previous year, the NDRC said in a report about the non-ferrous sector on its website.

Among the non-ferrous metals, the electrolytic aluminum output growth slowed by 8.7 percentage points from previous year to 17.56 million metric tons. The output of zinc and aluminum oxide output decelerated by 15.9 percentage points and 7.6 percentage points, respectively.

Meanwhile, the output growth of copper and lead last year accelerated by 2 percentage points and 2.7 percentage points, respectively, according to NDRC data.

The NDRC's latest figures showed profits of the country's non-ferrous metal industry jumped 52.8 percent year-on-year to 211.4 billion yuan (33.5 billion U.S. dollars) in the first 11 months of last year, compared with an upsurge of 80.3 percent in profit in 2010.

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