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Chalco 2019 aluminium output falls 9% after smelter shutdowns


BEIJING (Reuters) - Chalco, China’s biggest state-run aluminium producer, churned out 9% less metal in 2019 as it shut two uncompetitive smelters and barely eked out a profit in the fourth quarter, while it played down the impact of the coronavirus on the industry.

Chalco, or Aluminum Corp of China Ltd, produced 3.79 million tonnes, according to its presentation to analysts reviewed by Reuters - just managing to retain its spot as the world’s No.2 listed aluminium producer ahead of rival Rusal’s 3.76 million tonnes.

Top producer China Hongqiao last week reported an 11.3% drop ...


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