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  • November 28, 2014
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Results 1 - 10 of 30 for chinalco

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  1. Business - Commodities

    Chinalco appoints mayor of Chengdu as new chairman

    Posted Oct 22nd 2014, 05:28am by Bloomberg

    ... Bloomberg Chengdu mayor to take charge of Chinalco Aluminum Corp of China has turned to a politician who has been out of the industry for more than a decade to head up the nation's biggest producer, naming the mayor of Chengdu as its chairman. Ge Honglin replaces Xiong Weiping, whose five-year tenure as head of the state-run company known as Chinalco ends with a top ...

  2. Business - Companies

    Rio Tinto rejects merger approach from Glencore

    Posted Oct 07th 2014, 01:20pm by Reuters

    ... had talked to Rio’s top shareholder, Chinese state-owned Aluminum Corp of China (Chinalco), to gauge its interest in a deal. The report, citing people familiar with the situation, said talks with Chinalco took place in recent weeks, and Glencore was also testing the waters with other Rio shareholders, studying financial and regulatory obstacles as it weighed its next steps. Any bid for Rio ...

  3. Business - China Business - CORRUPTION

    Chalco vice-chairman Sun Zhaoxue resigns amid graft probe

    Posted Sep 17th 2014, 05:39am by Eric Ng

    ... of the company." Sun was president of Chalco's parent company, Chinalco. There was no announcement on the Chinalco website whether he had resigned from the position, but his name is no longer listed ... worked in various aluminium units under Chinalco for 22 years until late 2005, when he became chairman of a copper unit of the company. He was appointed president and party secretary ...

  4. Business - Commodities - EQUITIES

    Chalco shares soar as parent wins nod for rare earth firm

    Posted Aug 06th 2014, 07:16pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of Aluminum Corp of China (Chalco), the mainland’s largest smelter of the industrial metal, surged yesterday on speculation that its parent, Chinalco, has ... in Hong Kong and jumped the daily limit of 10 per cent in the early afternoon in Shanghai to 4.07 yuan (HK$5.12) before trading was halted for the day. Chinalco has received written approval from ...

  5. Business - Commodities - ACQUISITIONS

    Chinalco Mining sets sights on copper projects in Latin America

    Posted Apr 25th 2014, 12:45am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Metal unit keen on copper projects in Peru with its huge potential and friendly environment Chinalco sets sights on Latin America Chinalco Mining, the non-ferrous and non-aluminium metals unit of aluminium giant Chinalco, is seeking acquisition opportunities in Latin America for copper projects with long-term return rates of more than 10 per cent. ...

  6. Business - Commodities - ACQUISITIONS

    China Minmetals near US$5b deal to acquire Glencore copper mine in Peru

    Posted Feb 08th 2014, 05:12am by Bloomberg

    ... (Chinalco) abandoned its offer in November. Chinalco, which has a Hong Kong-listed unit that operates the US$3.5 billion Toromocho copper mine in Peru with annual output capacity of 300,000 tonnes, ... purchase of a stake in Rio Tinto Group completed by Chinalco in partnership with Alcoa in 2008. ...

  7. Business - Commodities - ACQUISITIONS

    Chinalco mulls buying copper mines in Peru

    Posted Aug 16th 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Mainland metals firm eyes US$5 billion project Glencore Xstrata is selling under merger deal Chinalco mulls buying copper mines in Peru Chinalco Mining is considering acquiring Glencore Xstrata's copper mines in Peru, according to the head of the non-ferrous and non-aluminium metals unit of state-backed aluminium giant Chinalco. "We ...

  8. Business - Commodities - LISTINGS

    Chinalco Mining plans to raise US$400m in Hong Kong

    Posted Jan 18th 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Firm to offer 1.76b shares at an indicative price range of HK$1.52 to HK$1.91; five cornerstone investors commit to buy 62pc of the shares Chinalco Mining plans to raise US$400 m in HK Chinalco Mining Corporation International, an overseas unit of aluminium major Chinalco, aims to raise US$400 million to fund the construction of its copper mine in Peru. ...

  9. Business - Companies

    Chinalco arm, MMG said to pursue Glencore’s US$5b Peru copper mines

    Posted Jun 04th 2013, 03:02pm by Reuters

    ... with the matter said. A successful bid by either Chinalco Mining or Hong Kong-listed MMG group would mean the Peruvian assets end up in the hands of a buyer linked to China – the country that forced ... US$35 billion takeover of Xstrata earlier this year. It also agreed to allow the ministry to approve the buyer. People familiar with the matter say Chinalco Mining, a unit of China’s state-run ...

  10. Business - Commodities

    Minmetals submits bid for Peru mine

    Posted Oct 04th 2013, 10:57am by Reuters

    ... company said last month that Chinese suitors might be allowed to compete against each other in the race for the mine, given strong interest. Chinalco Mining and Jiangxi Copper were among ... with Chinalco. Peru's Mines Minister Jorge Merino said on Thursday that firms from several countries had expressed interest. ...




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