Chalco leapfrogs Rusal as second-biggest listed aluminium producer

China’s Chalco said on Friday it boosted annual aluminium output by 16% in 2018, putting it ahead of Russia’s Rusal as the world’s second-biggest publicly traded producer of the metal.

The increase underscores China’s growing dominance of the global aluminium market, as the world’s biggest producer and consumer of the metal, although weak aluminium prices have already led to some production being shuttered this year.