China says will limit non-ferrous metals expansion in 5-year plan
Source: www.chinamining.org Citation: Reuters Date: October 19, 2016
China`s government said it would strictly control the expansion of its non-ferrous metals industry, encourage continued consolidation and boost proven ore reserves by 2020 as part of its five-year development plan for the industry.
In a statement released late on Tuesday, the Ministry of Industry and Information Technology (MIIT) said it will limit new production capacity expansions in the copper, aluminium, zinc and lead sectors.
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