China may slap 5% export tax on aluminium alloy-China Mining

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China may slap 5% export tax on aluminium alloy

(AGENCIES)
Updated: 2008-08-04 13:42
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China is considering imposing a 5 percent tax on exports of unwrought aluminium alloy as early as in September to reduce exports of the energy-intensive metal, industry sources said on Friday.

China, the world's top aluminium producer, exported 395,961 tonnes of aluminium alloy in the first half, up 131 percent from a year earlier.

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