Workers ride on an motor rickshaw through an aluminium ingots depot in Wuxi, Jiangsu province in this September 26, 2012 file photo. China's aluminium and nickel producers have asked Beijing to buy up surplus metal, sources said, the first coordinated effort since 2009 to revive prices suffering their worst rout since the global financial crisis. Photo: Reuters

Citic Group extends US$1.02 billion financial lifeline to world’s largest aluminium smelter

Hongqiao agrees to sell 806.6 million new shares and US$320m of convertible bonds to Citic and the conglomerate’s unit CNCB (Hong Kong) Investment

Topic |   Aluminium

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Workers ride on an motor rickshaw through an aluminium ingots depot in Wuxi, Jiangsu province in this September 26, 2012 file photo. China's aluminium and nickel producers have asked Beijing to buy up surplus metal, sources said, the first coordinated effort since 2009 to revive prices suffering their worst rout since the global financial crisis. Photo: Reuters
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