Major minerals output hits new high

Resource gains: Cranes load containers from China into a ship in the port of Aktau. China’s major listed mining companies have established a complete industrial chain of exploration, mining, selection and smelting. — The New York Times

SHANGHAI: China’s output of key mineral resources hit a new high last year with the extraction of 10 major nonferrous metals reaching a peak of 72.288 million tonnes in the first 11 months of 2024 – a 4.4% year-on-year (y-o-y) increase, according to the China Mining Association.

The trade body estimated annual total output of the 10 major nonferrous metals, such as copper and aluminium, to reach 78.8 million tonnes this year.