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Results 1 - 10 of 17 for chinalco

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  1. Chalco to buy three smelters from parent firm

    Posted Jan 06th 2007, 12:00am by Carol Chan

    ... for the metal. Chalco said its parent company Chinalco had bought 80 per cent of Baotou Aluminum (Group), which in turn owns 55.06 per cent of Shanghai-listed Baotou Aluminum, from the Inner Mongolian government. 'We [Chalco] have plans to buy Baotou Aluminum from our parent Chinalco after we complete an A-share listing on the Shanghai Stock Exchange, but no timetable has been set yet,' ...

    http://www.scmp.com/article/577699/chalco-buy-three-smelters-parent-firm
  2. Chinalco takes over aluminium plate firm

    Posted Sep 04th 2007, 12:00am by Staff Reporter

    ... Jasmine Wang Chinalco, the mainland's biggest alumina and aluminium producer, said it would expand its aluminium fabrication business by paying 1.2 billion yuan for a 75 per cent ... 400 million yuan for the remaining 25 per cent, the China Securities Journal reported yesterday. The acquisition could help to improve the product structure of Chinalco, the parent of listed ...

    http://www.scmp.com/article/606601/chinalco-takes-over-aluminium-plate-firm
  3. Chinalco to pay 7.5b yuan for 49pc stake in Yunnan Copper

    Posted Nov 01st 2007, 12:00am by Carol Chan

    ... Carol Chan Mainland aluminium firm Chinalco has agreed to pay 7.5 billion yuan for a 49 per cent stake in Yunnan Copper Group, the mainland's third-largest copper producer, as part of its strategy to diversify into other metals. Chinalco, the parent of Hong Kong and Shanghai-listed Aluminum Corp of China (Chalco), will also set aside two billion yuan to develop downstream ...

    http://www.scmp.com/article/613817/chinalco-pay-75b-yuan-49pc-stake-yunnan-copper
  4. Chinalco to buy 49pc stake in Yunnan Copper

    Posted Aug 21st 2007, 12:00am by Carol Chan

    ... Carol Chan Chinalco, the parent of Aluminum Corp of China (Chalco), has agreed to buy a 49 per cent stake in Yunnan Copper Group, the mainland's third-largest copper producer, in a deal reported to be worth at least one billion yuan, as part of a strategy to expand its copper business. Chinalco has signed a letter of intent with the Yunnan provincial government regarding ...

    http://www.scmp.com/article/604958/chinalco-buy-49pc-stake-yunnan-copper
  5. Chinalco earmarks 30b yuan for copper business

    Posted Aug 27th 2007, 12:00am by Carol Chan

    ... Carol Chan Firm sees metal as next major profit contributor Chinalco, the mainland's biggest alumina and aluminium producer, plans to spend more than 30 billion yuan to expand its ... of Chinalco after aluminium,' Mr Xiao told the South China Morning Post. The Beijing-based firm, which just completed an US$860 million takeover of Peru Copper and unveiled its plan to buy a 49 ...

    http://www.scmp.com/article/605696/chinalco-earmarks-30b-yuan-copper-business
  6. Chinalco to buy 49pc stake in Yunnan Copper

    Posted Aug 21st 2007, 12:00am by Carol Chan

    ... Carol Chan Mainland aluminium firm Chinalco has agreed to buy 49 per cent of Yunnan Copper Group, the mainland's third-largest copper producer, in a move to diversify after its listed unit Aluminum Corp of China reported a 5.15 per cent drop in first-half profit. Chinalco has signed a letter of intent with the Yunnan government for the investment in Yunnan Copper Group, ...

    http://www.scmp.com/article/604960/chinalco-buy-49pc-stake-yunnan-copper
  7. Chinalco in C$840m bid for Peru Copper

    Posted Jun 12th 2007, 12:00am by Eric Ng

    ... Eric Ng Deal allows firm to complete diversification Peru Copper has agreed to an C$840 million (HK$6.18 billion) cash takeover offer by Chinalco, the parent of Hong Kong-listed Aluminum Corp of China (Chalco), according to the Canadian company. The deal, the latest attempt by a mainland resource firm to gain control of reserves overseas, will allow Chinalco, the world's ...

    http://www.scmp.com/article/596486/chinalco-c840m-bid-peru-copper
  8. Chalco allocates 16b yuan to expand capacity, buy parent's assets

    Posted Mar 13th 2007, 12:00am by Carol Chan

    ... chairman Xiao Yaqing said. 'Assets injection from our parent Chinalco will speed up after we complete our A-share listing on the Shanghai Stock Exchange,' Mr Xiao said yesterday, a day ... and 13 million tonnes over the next three years, he said. Besides buying smelting plants from Chinalco, Mr Xiao said, Chalco would also acquire downstream aluminium processing plants from its ...

    http://www.scmp.com/article/584792/chalco-allocates-16b-yuan-expand-capacity-buy-parents-assets
  9. Yunnan Copper to sell bonds

    Posted Oct 13th 2007, 12:00am by Carol Chan

    ... parent, Yunnan Copper Group, earlier reaffirmed that its plan to inject its copper mine assets into the listed arm was unchanged by the sale of a strategic stake to Chinalco. Chinalco, the parent ... The stake sale to Chinalco would bring capital, copper resources and technology the firm needed for its copper-processing business, Mr Zou said. Yunnan Copper Group, which owns 7.5 million tonnes ...

    http://www.scmp.com/article/611335/yunnan-copper-sell-bonds
  10. Mainland metals firms bid for Peru company

    Posted Dec 07th 2007, 12:00am by Carol Chan

    ... In August, aluminium firm Chinalco completed a US$860 million takeover of Peru Copper, giving Chinalco total copper reserves of about 20 million tonnes. The NOC deal is Jiangxi Copper's second ...

    http://www.scmp.com/article/618551/mainland-metals-firms-bid-peru-company

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