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From January to August, the nonferrous metals industry maintained growth in value added, output, and fixed-asset investment.
2025-12-17
According to the Information and Statistics Department of the China Nonferrous Metals Industry Association, overall production in the nonferrous metals sector has maintained moderate growth, while fixed-asset investment has expanded at a double-digit rate.
In August, the value added of the nonferrous metals industry above designated size increased by 9.0% year on year in real terms (all growth rates of value added are real growth rates adjusted for price factors; the same applies hereinafter). From January to August, the value added of this sector rose by 7.8% year on year in real terms, a pace 0.2 percentage points higher than that from January to July and 1.6 percentage points higher than the growth rate of value added for industries above designated size as a whole.
By industry, in August, the nonferrous metal mining and dressing sector recorded a year-on-year real increase of 8.5% in industrial value added, while the nonferrous metal smelting and rolling processing sector grew by 9.1%. From January to August, the nonferrous metal mining and dressing sector expanded by 8.6%, with the growth rate narrowing by 0.1 percentage point compared to the January–July period, whereas the nonferrous metal smelting and rolling processing sector grew by 7.7%, its growth rate expanding by 0.3 percentage points over the same period.
By product, in August, the output of ten major nonferrous metals totaled 6.978 million tonnes, up 3.8% year on year; among them, primary aluminum (electrolytic aluminum) reached 3.800 million tonnes, down 0.5%. From January to August, the combined output of these ten nonferrous metals stood at 54.317 million tonnes, an increase of 3.1% year on year—0.3 percentage points higher than the growth rate recorded from January to July. Specifically, primary aluminum (electrolytic aluminum) amounted to 30.138 million tonnes, up 2.2%.
From January to August, nationwide industrial fixed-asset investment increased by 7.7% year on year; investment in the nonferrous metals industry rose by 10.9%, outpacing the overall national industrial investment growth rate for the same period by 3.2 percentage points. Specifically, investment in the nonferrous metal mining and beneficiation sector grew by 47.2%, while investment in the nonferrous metal smelting and rolling processing industries expanded by 2.2%.
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