November 1, 2004
Venezuela CVG aluminum output hits record in October
(Reuters) - "Aluminum production at CVG Venalum, Venezuela's largest state-run smelter, hit a record high of 37,381 tonnes in October compared with 36,982 tonnes a year before, the company said on.

Accumulated production for the first 10 months of the year totalled 365,831 tonnes, an increase of 5,085 tonnes compared to the same period in 2003, the firm said in a statement.

The plant, owned by the state and a group of Japanese companies, expects to produce 441,800 tonnes this year, up from 435,410 tonnes last year.

Venalum has a nominal capacity of 430,000 tonnes a year, but it is planning to add a sixth line by 2007 to help raise production to more than 700,000 tonnes a year".


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