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Chinalco may build aluminium smelter in Gansu

Wednesday, Dec 30, 2009
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HONG KONG, Dec 30 - Aluminum Corp of China , the country's top aluminium producer, may build a greenfield aluminium smelter in Qingyang city, Gansu province, a senior executive said on Wednesday. " intend to use the energy resources in Qingyang for the aluminium smelter," vice-president Lu Youqing said in a faxed statement to Reuters. An industry official at Qingyang told Reuters the city government and Chinalco had signed a framework agreement last week to build a 500,000 tonne-per-year aluminium smelter and develop a coal mine. The state-owned company is the parent of Chalco <2600.HK> <601600.SS>, which operates Chinalco's aluminium and alumina capacity.

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