China’s Chalco expects return to profit in Q1
On Sunday, it was reported that Aluminum Corp of China (601600.SS)(2600.HK) would post a profit in the first quarter of this year.
Archive for March, 2010
Anglo Aluminum Acquires Mamou-Dalaba Bauxite Project
Anglo Aluminum Corp. (TSX VENTURE:ALU) reported the acquisition of the Mamou-Dalaba bauxite property in Guinea, West Africa.
Aluminum Stocks
Gurufocus.com reported on Aluminum Stocks: As Another Contango Begins, Here’s the Best Way to Play It:
NALCO ups India aluminium price by $43.9/T-
Indian state-run National Aluminium Co Ltd (NALU.BO) reported that it has increased prices of its aluminium products for the domestic market by 2,000 rupees ($43.9) per tonne.
Confident Chinalco sees deals in 2010
Aluminum Corp of China (Chinalco), the top aluminum group in the country, reported that the company will further expand into overseas resources, and its confidence remains undimmed by the failure to raise its stake in Rio Tinto.
Vedanta plans to spin off Aluminum Division
Indian-focused mining group Vedanta (VED.L) reported that the company is planning to spin off its aluminium division with an announcement regarding a demerger due as early as this week.
RUSAL eyes major Chinese aluminum deals
UC RUSAL (0486.HK), the world’s largest aluminum producer, is reported to have plans to secure between five and eight major Chinese buyers on long-term contracts to carve a larger share of the world’s biggest market for the metal.
Timminco reports Schedule for Fourth Quarter
Timminco Limited (TSX:TIM) reported that the company will host a conference call on Tuesday, March 16, 2010 at 5:00 pm ET to discuss its financial results for the fourth quarter and year ended December 31, 2009.
