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Results 1 - 10 of 11 for chinalco

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  1. Chinalco delays 8b yuan bond on Rio stake doubts

    Posted Oct 18th 2008, 12:00am by Eric Ng

    ... Eric Ng Group denies shares may be at risk Aluminum Corp of China (Chinalco), the parent of listed Chalco, has rejected reports that its Rio Tinto shares frozen by the liquidators ... over the outcome have led Chinalco and Chalco to delay the launch of 8 billion yuan (HK$9.08 billion) of corporate bonds. Certain media reports about the 12 per cent Rio Tinto stake ...

  2. Chinalco on radar as Rusal investor

    Posted Oct 09th 2009, 12:00am by Eric Ng, Howard Winn

    ... Eric Ng and Howard Winn Aluminum Corp of China (Chinalco), the mainland's largest aluminium producer, has emerged as a potential investor in debt-laden Russian rival Rusal, which has ... its US$16.8 billion debt burden. According to Russian business newspaper Vedomosti, Chinalco was a possible investor in Rusal. Spokesmen for Rusal, its listing sponsors Credit Suisse and BNP ...

  3. Chinalco confident Rio deal will be approved

    Posted Apr 01st 2009, 12:00am by Eric Ng

    ... Eric Ng Aluminum Corp of China (Chinalco) played down concerns its US$19.5 billion stake acquisition in Rio Tinto Group and its prime mining assets may be rejected by the Australian ... interests and he saw no indications it would be rejected by Canberra. Chinalco was only buying a minority stake in the mining giant that would not hurt the selling prices of Australia's ...

  4. CIC in talks to buy Fortescue stake

    Posted Feb 19th 2009, 12:00am by Eric Ng

    ... of the Chinalco-Rio Tinto Group deal as a benchmark for other deals.' Aluminum Corp of China's (Chinalco) US$19.5 billion bid for stakes in miner Rio and its prime assets sparked a political debate ...

  5. Yanzhou Coal eyes miner in Australia

    Posted Aug 11th 2009, 12:00am by Eric Ng

    ... of Aluminum Corp of China's (Chinalco) US$19.5 billion investment in mining company Rio. This was followed last month by the detention of Rio mainland staff for the alleged theft of state secrets ... mine in the state. Chinalco also said it had held preliminary talks to invest in new mineral projects in Western Australia. Still, analysts warned Yanzhou Coal might risk over-paying for Felix. ...

  6. Sinofert targets Central Asian fertiliser assets

    Posted Mar 30th 2009, 12:00am by Eric Ng

    ... they are short of cash,' he said. 'Possibilities for such talks are much greater now.' He cited Aluminum Corp of China's (Chinalco) proposed investment in Australian mining giant Rio Tinto Group as a case in point, saying the company is very profitable but has huge capital expenditure, and would be able to reduce debt servicing costs with Chinalco's investment. Sinofert ...

  7. Minister says trade figures to be worse than January's

    Posted Mar 04th 2009, 12:00am by Eric Ng

    ... multibillion-dollar deals to obtain oil from Russia, Venezuela and Brazil. The mainland's biggest aluminium producer, Chinalco, also agreed to invest US$19.5 billion in Anglo-Australian miner Rio Tinto ...

  8. Arrests to ratchet up tension in ore talks

    Posted Jul 10th 2009, 12:00am by Carol Chan, Eric Ng

    ... be a ploy by Beijing to influence iron ore negotiations and perhaps to retaliate against Rio Tinto's dumping of plans for Chinalco to raise its stake in the company. But no one can say for sure ...

  9. Chalco profit dives 99.9pc, loss for quarter forecast

    Posted Mar 30th 2009, 12:00am by Eric Ng

    ... not propose a final dividend. The poor result came as uncertainty increased over parent Chinalco's proposed US$19.5 billion acquisition of stakes in mining giant Rio Tinto Group and its prime ...

  10. Mainland mining firms to flood listing market

    Posted Nov 14th 2008, 12:00am by Eric Ng

    ... Loftus-Hills said. Recent issuers include Aluminum Corp of China (Chalco) and its parent Chinalco's 8 billion yuan (HK$9.08 billion) issue, while steel producer Shougang Group issued 9 billion ...




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