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Results 1 - 8 of 8 for chinalco

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  1. Chinalco worst performer among state firms with 7.25b yuan loss

    Posted Aug 24th 2010, 12:00am by Eric Ng

    ... Eric Ng Chinalco, the parent of listed Aluminum Corp of China (Chalco), has been named the weakest-performing of 108 state-owned enterprises last year, although Chalco yesterday posted a profit for the first half of this year. Chinalco recorded a loss of 7.25 billion yuan (HK$8.29 billion) last year, ranking it below Sichuan province-based steel-maker Pangang Group's 1.64 ...

  2. Chinalco and Rio Tinto to jointly develop giant Guinea ore reserve

    Posted Mar 20th 2010, 12:00am by Howard Winn

    ... Howard Winn Rio Tinto has signed a US$1.35 billion deal with the mainland's largest aluminium company, Chinalco, to develop the huge Simandou iron ore project in Guinea. Under the terms of a non-binding memorandum of understanding, Rio Tinto, which owns 95 per cent of the project, said it would transfer its holding into a joint venture with Chinalco, with the mainland ...

  3. Stern who? Rio's China relations move on

    Posted Aug 21st 2010, 12:00am by Howard Winn

    ... aluminum producer Chinalco in Rio Tinto. The collapse of that deal infuriated the Chinese, but Hu's guilty plea was acutely embarrassing to Rio Tinto. At the same time there were tensions over ... with China. As an example of this new approach to China, he pointed to the recent agreement with Chinalco to establish a joint venture covering the development and operation of the Simandou iron ore ...

  4. China and Australia seal A$10b deals to boost ties

    Posted Jun 22nd 2010, 12:00am by Howard Winn

    ... Chinalco-Rio Tinto deal, the jailing of four Rio Tinto executives, and the row over the surge in iron ore prices. Despite the chill in relations, Australia's exports to China rose 45 per cent last ... resources deals. In the past, China sought to buy equity stakes of mining companies with access to resources. This tactic on occasions blew up spectacularly, as with Chinalco's attempt ...

  5. Chalco quits bauxite project in Australia

    Posted Jul 02nd 2010, 12:00am by Eric Ng

    ... the president of parent company Chinalco, reportedly said it had no plans to pull out and had not discussed doing so even though the Australian government had proposed a 40 per cent tax on mining ...

  6. Lai See

    Posted Jan 09th 2010, 12:00am by Howard Winn

    ... Kong-listed arm of Chinalco, China's biggest aluminium company, pays its directors 240,000 yuan (HK$272,640), while HSBC pays its directors GBP65,000 a year. An offer we can refuse While surfing ...

  7. Lai See

    Posted Aug 21st 2010, 12:00am by Howard Winn

    ... of Rio Tinto, had been lined up as keynote speaker. That seemed a good choice until things went awry between Rio and the Beijing officials. So, after the Chinalco deal collapsed in June last ...

  8. Getting to the bottom of the Rio Tinto bribery trial

    Posted Mar 30th 2010, 12:00am by Tom Holland

    ... stake to Chinese aluminium giant Aluminum Corp of China (Chinalco). And at least one analyst suggested that Chinese officials had ordered Hu banged up in a fit of pique after Rio pipped ...



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