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  1. Business - Commodities - EARNINGS

    Chalieco looks beyond non-ferrous metals sector

    Posted Aug 17th 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Chalieco looks beyond non-ferrous metals sector China Aluminum International Engineering Corporation (Chalieco) said it is seeking to expand outside its core sector and overseas as it posted a 47 per cent fall in interim profit. The non-ferrous metals plant design and construction arm of Aluminum Corporation of China (Chinalco) cited "the ...

  2. Business - Commodities

    Citic Resources mulls bid for Glencore's Peru copper mine

    Posted Sep 04th 2013, 12:00am by BLOOM

    ... miners including Chinalco Mining Corp International and MMG were among companies considering making offers for Las Bambas, sources have said. Glencore, based in Switzerland, is selling the mine ...

  3. 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 ...

  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. ...

  5. 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, ...

  6. Business - Commodities - METALS

    Overcapacity plagues aluminium sector

    Posted Aug 19th 2013, 12:00am by Eric Ng

    ... a temporary cut of 380,000 tonnes of smelting capacity, or 9 per cent of last year's output. It also unveiled various transactions to dispose of loss-making operations to parent firm Chinalco ...

  7. State firm likely to retain stake in miner

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

    ... Kandy Wong and Carol Chan Chinalco is expected to hold on to its Rio Tinto shares and participate in an upcoming rights issue despite the collapse of a tie-up, because the state-owned firm wants to remain the largest shareholder of the Australian mining giant. 'It is worth it [for Chinalco] to hold its Rio Tinto stake, because it is a valuable long-term strategic ...

  8. Old hand named to take helm at Chinalco

    Posted Feb 20th 2009, 12:00am by Kandy Wong

    ... Kandy Wong The country's biggest metal producer, Aluminum Corp of China (Chinalco), has officially announced the appointment of Xiong Weiping to replace Xiao Yaqing as chairman. Seen by industry insiders as a prudent manager, Mr Xiong, a former Chinalco executive, is vice-chairman and general manager of China Travel International Investment Hong Kong. He was appointed to the board ...

  9. Chinalco president stepping down to join State Council

    Posted Feb 10th 2009, 12:00am by Carol Chan

    ... Carol Chan Aluminum Corp of China (Chinalco) president Xiao Yaqing, who oversaw the country's largest overseas acquisition, will step down and be promoted to the State Council, sources said. Xiong Weiping, a former Chinalco executive and a vice-chairman and general manager of China Travel International Investment Hong Kong, will replace Mr Xiao. The appointment of Mr ...

  10. Business - THE INSIDER

    Chairmen dive into property blue-chips but inside buys slide

    Posted Apr 22nd 2013, 12:00am by Robert Halili

    ... purchases by high-level executives in Chinalco Mining, China Rare Earth, and Leoch International Technology following sharp falls in their share prices. Chief financial officer Liang Yunxing recorded the first corporate shareholder trade in non-ferrous and non-aluminium mineral explorer and developer Chinalco Mining since the stock was listed on January 31, with an initial 100,000 ...




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