CHINA ALUMINIUM

BY KEITH NUTHALLTHE INTERNATIONAL Finance Corporation, of the World Bank, is lending US$12 million to China's Southern Aluminium Industry Company (SAIC) to partially finance the installation of an aluminium hot rolling mill and improve the operation of SAIC's existing cold rolling and foil mills. As a result, said an IFC note, the company's production capacity will increase by 300 per cent to reach 40,000 tons of aluminium sheet and 10,000 tons of foil per year. The products will be supplied to the transportation, construction, kitchenware and packaging ...


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