Aluminum Mining Industry in China, 2008
Aluminum is the third-best performing industrial metal in the world.
Aluminum price is rising because of a supply shortage. High demand growth for primary alumina in China will be a key support for prices going forward.
The supply is tight and the demand is higher than ever. China is the world's largest aluminum producer. On the demand side, China has become the world's largest aluminum products maker and consumer. Chinese demand this year will be about 14.9 million tons, a 24 percent rise from 2007. The country will account for 35% of total demand by 2020 from 13% in 2000.
Aluminum is an invaluable asset for anyone who wants to invest in the aluminum mining and dressing industries, to import into China, to partner with one of the key Chinese corporations, or to compete in the segment.
Article Sources:
http://www.marketresearch.com/product/display.asp?productid=1737404&SID=41561730-413965944-450277626