China will run out of bauxite within ten years if it keeps up its current pace of extraction, Ding Haiyan, vice president of the Aluminum Corporation of China, or Chalco (ACH.NY, 2600.HK, 601600.SH), told the thirteenth World Aluminum Conference. Ding said the country’s reserves account for just 2% of the world’s total while extraction accounts for 10%, China Business News reported. “Aluminum production has grown 28% a year in China since 2001, ten percentage points faster than the world average, and China is ...