Xiong Weiping News
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Aluminum Corp. of China Ltd., the nation’s biggest producer of the lightweight metal, reported a narrower first-quarter loss and sales increased.
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Aluminum Corp. of China Ltd. , the nation’s biggest producer of the metal, posted a loss for the three months ended June, the fourth loss in six quarters, because of rising costs and falling prices.
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Aluminum Corp. of China Ltd. , the nation’s biggest producer of the metal, rose by the most in a year in Shanghai trading after its parent announced a plan to invest at least 10 billion yuan ($1.5 billion) in rare earths.
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Aluminum Corp. of China Ltd. , the nation’s biggest producer of the metal, is increasing bond sales to fund expansion after China’s market rates for loans doubled in a year.
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Rio Tinto Group, the second-biggest mining company, will take about $14 billion of writedowns for failed deals in aluminum and coal led by Chief Executive Officer Tom Albanese, who departs after almost six years in charge.
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Aluminum Corp. of China Ltd., the nation’s biggest producer of the metal, plans to shut 330,000 metric tons of obsolete smelting capacity by 2011, Chairman Xiong Weiping said today.
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Aluminum Corp. of China Ltd. , the nation’s biggest maker of the metal, plans to expand into coal, iron ore, copper and rare earth as rising costs for its smelters led to a second-quarter loss. Shares fell.
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The following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of the last close.
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Shares of the following companies may have unusual moves in China trading . Stock symbols are in parentheses and prices are as of the previous close, unless stated otherwise.
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The following companies may have significant price changes in Hong Kong trading. Stock symbols are in parentheses. Share prices are as of the last close.
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