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在线翻译:
szdaily -> Markets -> 
Jiangxi Copper halts output after pollution order
    2017-12-28  08:53    Shenzhen Daily

JIANGXI Copper, China’s largest copper producer, is halting all output in Jiangxi Province after the local government ordered curbs for reducing pollution, a company official said Tuesday.

The smelter received the order Monday evening to stop production for at least a week before a further assessment based on local pollution levels, the official said.

The Hong Kong and Shanghai-listed firm, which has 1.02 million metric tons of annual capacity in the province, remains in talks with the government to halt only smelting and not refining operations to minimize losses, according to the official.

China is intensifying its campaign against air pollution by extending its winter manufacturing curbs in 28 northern cities to other provinces.

Tongling Nonferrous Metals Group Co., the nation’s second-largest copper producer, said earlier this month that it is halting as much as 30 percent of smelting capacity at its main production hub in Anhui Province after a similar order.

The cuts come as China’s smelters plan to resume talks with overseas miners on 2018 processing fees next month. The output curbs would reduce smelters’ demand for concentrate and support their position in the annual negotiations.

(SD-Agencies)

 

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