On Thursday, the state-run parent of Aluminum Corp of China Ltd. (2600.HK) formalised a joint venture with Rio Tinto (RIO.AX) to develop iron ore in Africa, bringing the listed Chalco into the project as it moves to diversify beyond its core aluminum business.
Read the full article: "China’s Chinalco, Chalco formalise..."
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Thursday, July 29, 2010