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Results 1 - 10 of 17 for chinalco

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  1. Chinalco rules out bigger Rio Tinto stake after US$14b deal

    Posted Feb 05th 2008, 12:00am by Denise Tsang

    ... Denise Tsang The president of state-owned Aluminum Corp of China (Chinalco) yesterday ruled out any plans to raise the company's stake in Rio Tinto after its US$14 billion share purchase last week threatened to kill BHP Billiton's bid for the global mining giant. Describing the investment as strategic, Chinalco president Xiao Yaqin said yesterday in Sydney ...

    http://www.scmp.com/article/625545/chinalco-rules-out-bigger-rio-tinto-stake-after-us14b-deal
  2. News - World - PERU

    Chinese mining giant Chinalco to raze Peruvian peak, town of Morococha

    Posted Dec 22nd 2012, 12:00am by GDN

    ... The Guardian in Lima Chinese giant raises the bar for mining firms by seeking consensual relocation of a town, and razing of a peak, but hasn't satisfied everyone Chinalco moves ... Chinalco will start scraping the land next year, having bought it for US$860 million and invested US$2.2 billion. The town will be swallowed by the mine's crater, from which will be taken ...

    http://www.scmp.com/news/world/article/1110049/chinese-mining-giant-chinalco-raze-peruvian-peak-town-morococha
  3. 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
  4. Chinalco seeks US$1b HK I.P.O.

    Posted May 12th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com Chinalco Mining, a unit of the world's third-largest aluminium producer, Aluminum Corporation of China (Chinalco), is poised to launch an up to US$1 billion ... as soon as next week, a person familiar with the situation said. Chinalco and the deal's arrangers BNP Paribas, China International Capital Corp (CICC), and Morgan Stanley, would not comment. ...

    http://www.scmp.com/article/1000724/chinalco-seeks-us1b-hk-ipo
  5. 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
  6. Chinalco stymied on Rio Tinto bid

    Posted Feb 18th 2008, 12:00am by Staff Reporter

    ... at the time of the acquisition that it had no intention of doing so. The statement now binds the company to a half-year 'quiet period', according to a source. 'When Chinalco talked ... are persons working in concert with them, for six months. Chinalco, as Aluminum Corp is known, and US partner Alcoa had agreed to buy as much as a 14.9 per cent stake in Rio Tinto, according ...

    http://www.scmp.com/article/626635/chinalco-stymied-rio-tinto-bid
  7. 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
  8. 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, ...

    http://www.scmp.com/article/625201/us14b-rio-deal-loads-chinalco-portfolio
  9. Chalco to bid for parent's five aluminium fabrication plants

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

    ... to take over from its state-owned parent, Chinalco, five aluminium fabrication plants with annual capacity of 1.09 million tonnes and an aluminium smelter with an annual capacity of 232,000 tonnes ... of Chalco's long-term vision of becoming a more integrated, global and diversified aluminium play. On completion of the acquisition, Chalco would have bought most of Chinalco's aluminium ...

    http://www.scmp.com/article/631132/chalco-bid-parents-five-aluminium-fabrication-plants
  10. 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 ...

    http://www.scmp.com/article/626420/lai-see

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