China aims to increase annual output of non-ferrous metals by 5 pct

BEIJING, Aug. 28 (Xinhua) — China aims to maintain steady growth in the output of non-ferrous metals for the current year and next year, according to the Ministry of Industry and Information Technology.↳

   The production of 10 types of non-ferrous metals will grow at a rate of about 5 percent annually from 2023 to 2024, the ministry said.↳

   Progress will be made in the development of domestic non-ferrous metal resources such as copper and lithium, and supply and demand will basically achieve a dynamic balance during the period.↳

   China will strive to increase the added value of the non-ferrous metal industry by about 5.5 percent year on year in 2023 and over 5.5 percent in 2024, the ministry said.