Amadeusz Juskowiak

Nippon light metal continues aluminium output cut

Nippon Light Metal Co Ltd NLGTT which has annual capacity of 63000 tonnes will continue primary aluminium production at a rate of 35000 tonnes owing to low domestic and world prices and low water supplies at its hydroelectric power plant a company official said

Nippon which has no plans to restore output to the 48000 tonnes a year at which it was working until late 1986 will become Japans only smelter

Ryoka Light Metal Industries Ltd will stop smelting in April owing to high power costs and low prices and Mitsui Aluminium Co Ltd has said it stopped smelting in February

REUTER