China's Chalco to close 380,000 tonnes of aluminum capacity
LONDON, June 5
LONDON, June 5 (Reuters) - The Aluminum Corp of China Ltd (Chalco) , the country's top aluminum maker, has decided to temporarily close 380,000 tonnes of capacity due to market conditions.
Chalco said in a statement on Wednesday that it had decided on a "flexible" production strategy, "which involves a temporary shutdown of production capacity of approximately 380,000 tonnes of aluminum".
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