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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 ...

  2. Australian competition watchdog gives Chinalco's Rio deal all-clear

    Posted Feb 28th 2008, 12:00am by Carol Chan

    ... Carol Chan Australia's competition body says it will not block the US$14 billion purchase of a stake in mining giant Rio Tinto by Aluminum Corp of China (Chinalco) and Alcoa, easing fears the deal could face regulatory hurdles. The Australian Competition and Consumer Commission began an informal review into the 12 per cent stake purchased in Rio by Chinalco and Alcoa ...

  3. US$14b Rio deal loads up Chinalco portfolio

    Posted Feb 02nd 2008, 12:00am by Staff Reporter

    ... overseas acquisition but transforms Chinalco into a diversified mining company. 'Rio is just not about iron ore,' Everbright mining analyst Wayne Fung said. 'Chinalco is transforming from a pure aluminium play into other metals like copper, tin, titanium and other kinds of production.' Chinalco in August last year completed an US$860 million takeover of Peru Copper, ...

  4. Lai See

    Posted Feb 16th 2008, 12:00am by Ben Kwok

    ... Ben Kwok Chinalco's ore inspiring Rio move is blessed by the stars Will Chinalco and Alcoa succeed in blocking BHP Billiton's attempt to acquire Rio Tinto? We consulted ... and Chinalco as 'Cancer.' So how would the two stars get along? According to Astrology.com, they will be a perfect match for a long-lasting relationship. 'Cancer makes Scorpio feel ...

  5. Mainland forays hit protectionist wall in Australia

    Posted Apr 26th 2008, 12:00am by Tom Miller

    ... Australian government under Prime Minister Kevin Rudd moved to tighten regulations on foreign acquisitions of Australian companies in February after state-owned Aluminum Corp of China (Chinalco ... Chinalco bought its stake in Rio Tinto, BHP has been running around Canberra lobbying intensely and being nationalistic, saying we cannot sell out,' said a source familiar with the situation. ...

  6. Bidders consider trio of Rio Tinto options

    Posted Dec 24th 2007, 12:00am by Staff Reporter

    ... tie-up, faces formidable roadblocks. 'It still requires a consortium, and the question is can you get everyone to unite? Does Shenhua want to lead it? Does Chinalco lead it? How do you break ... to a report in the Sunday Telegraph at the time. CDB denied the move. Spokespeople at Baosteel, Shougang, Chinalco and Shenhua could not be reached for comment. ...



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