China likely to export more aluminium despite low prices

Melbourne

CHINA is likely to sell more aluminium onto world markets by offering its struggling smelters cheaper power prices to keep them operating, adding to growing trade tensions with rival producers in countries such as the United States and Russia.

The world's top aluminium producer is making far more than it needs with record amounts of the metal being exported, adding to a global glut that has sent prices to six-year lows.