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From January to November, the nonferrous metals industry maintained growth in value added, output, and fixed-asset investment.
2025-12-19
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 continued to expand at a steady pace.
In November, the value added of the nonferrous metals industry above designated size increased by 5.0% 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 November, the value added of this sector rose by 7.1% year on year in real terms, a pace 0.3 percentage points lower than that from January to October but 1.1 percentage points higher than the growth rate of value added for industries above designated size as a whole.
By industry, in November, the nonferrous metal mining and dressing sector recorded a year-on-year real increase of 6.1% in industrial value added, while the nonferrous metal smelting and rolling processing sector grew by 4.8%. From January to November, the nonferrous metal mining and dressing sector expanded by 7.6%, with the growth rate narrowing by 0.1 percentage point compared to the January–October period, and the nonferrous metal smelting and rolling processing sector grew by 7.1%, with its growth rate declining by 0.2 percentage points from January to October.
By product, in November, the output of ten major nonferrous metals totaled 6.992 million tonnes, up 4.7% year on year; among them, primary aluminum (electrolytic aluminum) reached 3.792 million tonnes, an increase of 2.5%. From January to November, the combined output of these ten nonferrous metals amounted to 74.474 million tonnes, up 3.8% year on year—a growth rate that expanded by 0.7 percentage points compared with the January–October period. Specifically, primary aluminum (electrolytic aluminum) totaled 41.165 million tonnes, up 2.6%.
From January to November, nationwide industrial fixed‑asset investment increased by 4.0% year on year; investment in the nonferrous metals industry rose by 6.4%, outpacing the overall national industrial investment growth rate by 2.4 percentage points. Specifically, investment in the nonferrous metal mining and beneficiation sector surged by 40.3%, while investment in the nonferrous metal smelting and rolling processing sector declined by 2.2%.
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