A bright future predicted for aluminium producers supplying China’s demand

Aluminum demand in China is expected to grow by 15% in 2010 on the back of revivals in the construction and automobile sectors, www.chinamining.org reports. According to reports, aluminium’s long-term prospects are good as China is still heavily into urbanisation and its metal intensive growth is likely to continue for many years to come. About 65% of aluminum consumption is in the east and mid south of China. The urbanisation of the northwest and the southwest has great potential for aluminum demand. (more…)