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Chalco to buy power company from parent |
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Written by Administrator
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Wednesday, 31 October 2007 |
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BEIJING, Oct. 30 (InfoChina) – Aluminum Corp of China (ACH.NYSE, 601600.SH, 2600.HK) reportedly plans to buy a power company from its parent company Chinalco to guarantee power supply for its subsidiary Lanzhou Aluminum. |
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Chalco unit’s 260,000 t/y electrolytic aluminum project to start operation by year end |
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Written by Administrator
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Tuesday, 23 October 2007 |
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BEIJING, Oct. 22 (InfoChina) – Lanzhou Aluminum, a subsidiary of Chalco (ACH.NYSE, 2600.HK, 601600.SH), is scheduled to put its new electrolytic aluminum project involving a total investment of 3.752 billion yuan into operation by end-2007. |
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Hearsay on Chinalco’s acquisition of Minmetals Development denied |
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Written by Administrator
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Wednesday, 17 October 2007 |
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BEIJING, Oct. 16 (InfoChina) – Both Chinalco and China Minmetals Corporation denied Tuesday recent hearsay that Chinalco would acquire Minmetals group’s subsidiary Minmetals Development (600058.SH). |
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Baotou Aluminum sees 62 pct net rise in Q3 |
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Written by Administrator
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Monday, 15 October 2007 |
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BEIJING, Oct. 15 (InfoChina) – Baotou Aluminum (600472.SH), the to-be subsidiary of Aluminum Corp of China (ACH.NYSE, 2600.HK, 601600.SH), announced on Oct. 15 that its net profit soared 62 percent year on year in the third quarter on high electrolytic aluminum prices. |
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Chinalco to restructure Chinanmc |
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Written by Administrator
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Monday, 15 October 2007 |
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BEIJING, Oct. 15 (InfoChina) – Chinalco, the parent of Aluminum Corp of China (ACH.NYSE, 2600.HK, 601600.SH), will acquire shares of China Nonferrous New Material Co., Ltd. (Chinanmc) from Liuzhou China Tin Group Co., Ltd. |
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