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From January to November, the value-added, product output, and fixed-asset investment in the nonferrous metals industry continued to grow.
2025-12-19
According to the Information and Statistics Department of the China Nonferrous Metals Industry Association, the nonferrous metals industry as a whole continues to maintain reasonable growth, and fixed-asset investment remains on a steady upward trend.
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 after剔除price factors; the same applies hereinafter). From January to November, the value-added of the nonferrous metals industry above designated size rose by 7.1% year-on-year in real terms—a growth rate that was 0.3 percentage points lower than the figure for 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 industrial value-added of the nonferrous metal mining and beneficiation sector increased by 6.1% year-on-year in real terms, while the nonferrous metal smelting and rolling processing sector grew by 4.8%. From January to November, the nonferrous metal mining and beneficiation sector expanded by 7.6%, with the growth rate narrowing by 0.1 percentage point compared to the period from January to October. The nonferrous metal smelting and rolling processing sector grew by 7.1%, with the growth rate narrowing by 0.2 percentage points compared to the period from January to October.
By product, in November, the output of ten non-ferrous metals reached 6.992 million tons, an increase of 4.7% year-on-year. Among them, primary aluminum (electrolytic aluminum) output was 3.792 million tons, up 2.5%. From January to November, the output of ten non-ferrous metals totaled 74.474 million tons, representing a year-on-year increase of 3.8%. The growth rate expanded by 0.7 percentage points compared to the period from January to October. Of this total, primary aluminum (electrolytic aluminum) output reached 4.1165 million tons, up 2.6%.
From January to November, nationwide fixed-asset investment in the industrial sector increased by 4.0% year-on-year. Investment in the nonferrous metals industry rose by 6.4%, 2.4 percentage points higher than the growth rate of the nation’s overall industrial investment during the same period. Specifically, investment in the nonferrous metal mining and beneficiation sector surged by 40.3%, while investment in the nonferrous metal smelting and rolling processing industry declined by 2.2%.
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