China to push consolidation in non-ferrous sector


SHANGHAI, Feb 25 (Reuters) - China will encourage consolidation among its non-ferrous metal industry, part of a series of measures to help a slowing economy, the Shanghai Securities News reported, citing unidentified sources. China expects to see three to five major non-ferrous metal groups that will account for 90 percent, 70 percent and 60 percent, respectively, of the country's production of copper, aluminum and zinc by 2011, the newspaper said. The government will encourage ...

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