Chinalco teams up with Rio Tinto

    | BY

    Candice Mak

    Aluminum Corporation of China (Chinalco) has entered into a joint venture (JV) agreement with Australian-British Rio Tinto Group. The Chinese metal producer…

    Aluminum Corporation of China (Chinalco) has entered into a joint venture (JV) agreement with Australian-British Rio Tinto Group.

    The Chinese metal producer will hold a 51% interest in the JV, and Rio Tinto will hold the remaining 49%. The JV will explore new mineral deposits in China, focusing on copper in the beginning and possibly extending its search to coal and potash. The deal is still awaiting regulatory approvals.

    This premium content is reserved for
    China Law & Practice Subscribers.

    • A database of over 3,000 essential documents including key PRC legislation translated into English
    • A choice of newsletters to alert you to changes affecting your business including sector specific updates
    • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
    For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]