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Results 1 - 2 of 2 for chinalco

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  1. 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 ...

  2. Chinalco pays US$19.5b for bonds and mines to boost Rio Tinto stake

    Posted Feb 13th 2009, 12:00am by Carol Chan

    ... Carol Chan State-owned Aluminum Corp of China (Chinalco) has agreed to invest US$19.5 billion in debt-laden Rio Tinto Group, gaining access to global mining resources ... yesterday. The bonds, with a 60-year maturity and a coupon rate of 9 to 9.5 per cent if converted, will lift Chinalco's stake in the world's third-biggest miner to 18 per cent from ...



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