Aluminum Corp of China’s Update
Aluminum Corp of China (SHA:601600), the country's top aluminium producer which is expanding to other metals, will take a majority stake in Jiangxi Rare Earth and Rare Metals Tungsten Group.
Aluminum Corp of China (SHA:601600), the country's top aluminium producer which is expanding to other metals, will take a majority stake in Jiangxi Rare Earth and Rare Metals Tungsten Group.
On Tuesday, Russia's United Company RUSAL (HKG:0486), the world's top aluminium producer, reported that it returned to the black in the second quarter, thanks to higher output and better prices of the lightweight metal.
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