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  1. Bold Chinalco in powerful position

    Posted Feb 05th 2008, 12:00am by Tom Holland

    ... Tom Holland Speaking to reporters yesterday in Sydney, Chinalco boss Xiao Yaqing explained that his purchase of US$13 billion worth of shares in international mining giant Rio Tinto was driven solely by financial considerations. Chinalco bought the stake purely in the hope of making a decent return on the investment, he insisted. Few believed him. Even though US aluminium maker ...

    http://www.scmp.com/article/625534/bold-chinalco-powerful-position
  2. Chinalco takes over aluminium plate firm

    Posted Sep 04th 2007, 12:00am by Staff Reporter

    ... Jasmine Wang Chinalco, the mainland's biggest alumina and aluminium producer, said it would expand its aluminium fabrication business by paying 1.2 billion yuan for a 75 per cent ... 400 million yuan for the remaining 25 per cent, the China Securities Journal reported yesterday. The acquisition could help to improve the product structure of Chinalco, the parent of listed ...

    http://www.scmp.com/article/606601/chinalco-takes-over-aluminium-plate-firm
  3. News - World - MINING

    Chinese copper mine halts operations in Peru over pollution claim

    Posted Mar 30th 2014, 03:41pm by Reuters

    ... Reuters in Lima Chinese mine halts operations over pollution claim Chinalco Mining has shut down operations at its Toromocho copper mine in Peru after the country's environmental ... by government workers appeared to show yellowish water running down a hillside into a blue lake. Chinalco Mining controls the Toromocho Project in the centre of the South American country, one ...

    http://www.scmp.com/news/world/article/1460977/peru-orders-chinalco-mining-giant-stop-waste-dumps-after-detecting
  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's engineering arm braves difficult market

    Posted Jun 21st 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com China Aluminum International Engineering, the engineering and construction unit of state-owned Aluminum Corporation of China (Chinalco), is going where only ... opportunities for smelter construction, Tang said Chinalco's diversification into nonferrous metals such as copper and rare earths would bring in additional business opportunities for its ...

    http://www.scmp.com/article/1004552/chinalcos-engineering-arm-braves-difficult-market
  6. 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
  7. 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. ...

    http://www.scmp.com/business/commodities/article/1423467/china-minmetals-near-us5b-deal-acquire-glencore-copper-mine
  8. 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 ...

    http://www.scmp.com/article/627844/australian-competition-watchdog-gives-chinalcos-rio-deal-all-clear
  9. Chinalco to pay 7.5b yuan for 49pc stake in Yunnan Copper

    Posted Nov 01st 2007, 12:00am by Carol Chan

    ... Carol Chan Mainland aluminium firm Chinalco has agreed to pay 7.5 billion yuan for a 49 per cent stake in Yunnan Copper Group, the mainland's third-largest copper producer, as part of its strategy to diversify into other metals. Chinalco, the parent of Hong Kong and Shanghai-listed Aluminum Corp of China (Chalco), will also set aside two billion yuan to develop downstream ...

    http://www.scmp.com/article/613817/chinalco-pay-75b-yuan-49pc-stake-yunnan-copper
  10. Chinalco keeps vision of mining global resources

    Posted Jun 06th 2009, 12:00am by Carol Chan

    ... Carol Chan State-owned Aluminum Corp of China (Chinalco) will keep its dream of developing into a leading global diversified resources company alive despite the failure of its US$19.5 billion tie-up with Rio Tinto. Rio yesterday scrapped the deal with Chinalco, its largest shareholder, choosing instead to raise US$15.2 billion in a rights issue and set up a joint venture ...

    http://www.scmp.com/article/682810/chinalco-keeps-vision-mining-global-resources

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