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Results 1 - 6 of 6 for chinalco

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  1. Chinalco prepares to spend big on resources

    Posted Mar 25th 2008, 12:00am by Carol Chan

    ... Carol Chan Non-ferrous metals on the list of potential assets Aluminum Corp of China (Chinalco) plans to spend between 20 billion yuan (HK$22.1 billion) and 30 billion yuan on acquisitions ... in an attempt to prevent a hostile bid for the world's third-biggest mining company by BHP Billiton. 'Resources are the basis of the company's sustainable development,' Chinalco ...

    http://www.scmp.com/article/631140/chinalco-prepares-spend-big-resources
  2. Chinalco eyes HK offering for Peruvian copper mine

    Posted Jan 06th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com Aluminum Corp of China (Chinalco), parent of listed Chalco, plans to list its Peruvian copper mining project in Hong Kong, according to a report. The move may ... to US$1 billion, Thomson Reuters' IFR Markets reported. Chinalco has also appointed CICC and UBS to spin off its construction and machinery division in Hong Kong to raise US$500 million, ...

    http://www.scmp.com/article/989386/chinalco-eyes-hk-offering-peruvian-copper-mine
  3. Chinalco rules out need for funds to buy assets overseas

    Posted Mar 06th 2008, 12:00am by Carol Chan, Eric Ng

    ... Carol Chan and Eric Ng in Beijing Aluminum Corp of China (Chinalco) and a listed unit had no immediate plans to raise money to help fund their overseas acquisitions, the company's top executive said. The world's third-largest alumina producer would continue to seek overseas acquisitions as part of its strategy to transform into a global mining firm, Chinalco president Xiao ...

    http://www.scmp.com/article/628832/chinalco-rules-out-need-funds-buy-assets-overseas
  4. Chinalco weighs options to float non-aluminium business assets

    Posted Mar 20th 2008, 12:00am by Carol Chan

    ... Carol Chan Chinalco, the mainland's largest metals company, is considering floating its non-aluminium business in the stock market either by injecting it into listed flagship Chalco ... 'It's a matter that takes time to study. All options are open and we haven't set a timetable on when to make a decision,' he said yesterday. State-owned Chinalco, which has assets ...

    http://www.scmp.com/article/630579/chinalco-weighs-options-float-non-aluminium-business-assets
  5. Chalco may buy parent's assets in 1.15b yuan deal

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

    ... including Shanghai-listed Baotou Aluminium- in a deal possibly worth about 1.15 billion yuan. Chinalco, Chalco's parent, in January took an 80 per cent stake in Baotou's parent, Baotou ... it had received a notice from Chinalco that the company would be making an 'important announcement' soon. Based on Baotou's total issued shares of 431 million shares ...

    http://www.scmp.com/article/596589/chalco-may-buy-parents-assets-115b-yuan-deal
  6. Chalco shares surge on Baotou takeover plan

    Posted Jul 04th 2007, 12:00am by Carol Chan

    ... shareholders also can choose to sell their shares to Chalco for 21.67 yuan each in cash. Chalco's parent Chinalco indirectly owns 55 per cent of Inner Mongolia-based Baotou. Chalco plans to take ...

    http://www.scmp.com/article/599259/chalco-shares-surge-baotou-takeover-plan

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