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China's Yunnan begins 2nd round of nonferrous metals reserve

  China's southwestern Yunnan Province has started the second round of nonferrous metals stockpiling in a bid to ensure steady growth of the local industry, according to a statement of the provincial government's industry and communications commission. The statement said the reserve plan covers copper, aluminum, lead, zinc, tin, germanium and industrial silicon.

  The provincial government earlier in the first round purchased 552,000 tons of nonferrous metals from local nine enterprises in December of last year.

  The nine nonferrous enterprises include Yunnan Aluminium Co. , Yunnan Coal Chemical Industry Group, Yunnan Tin Co. , Yunnan Luoping Zinc & Electricity Co. , Yunnan Chihong Zinc & Germanium Co., Yunnan Jingding Zinc Co., Xiangyun Feilong Co., Yunnan Gejiu Electricity Plant и Yunnan Copper Co.

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