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Aluminium prices hit a record after China’s top 20 aluminium smelters announced plans to cut production by as much as 10 per cent from this month because of increasingly serious power supply problems across the country.
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PORT-OF-SPAIN, Trinidad (AP) - China will help build a $400 million aluminum smelter in Trinidad's southern region, according to the leader of the Caribbean island.
more from news.moneycentral.msn.com
Beijing is trying to reduce the country's exports of goods from heavily polluting or energy-intensive industries, especially as it faces recurring power shortages.
more from www.reuters.com
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