Aluminum is "attractive at these levels" with 20 percent of China's production losing money, Goldman Sachs Group Inc said.


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Jul. 4 - Aluminum is &quot;attractive at these levels&quot; with 20 percent of China's production losing money, Goldman Sachs Group Inc said.
Up to 30 percent of aluminum output outside of China is &quot;loss-making&quot;, Goldman Sachs said in a report.
&quot;An expected pick-up in consumption would likely tighten the aluminum balance. This tightening, together with anticipated upside in oil prices, and upside risk surrounding potential Indonesian bauxite export quotas, leave us bullish from here.&quot; 
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