Friday, March 28, 2008

Chalco wins nod to build an 800,000-ton capacity plant

Aluminum Corp of China Ltd (Chalco)<601600><2600>, the nation's largest aluminum producer, has won government approval to build an alumina plant with an annual capacity of 800,000 tons in Xing Xian County, Shanxi Province.

China's State Asset Supervision and Administration Commission made the remarks on its website without giving any details on the construction time and investment size.

The plant will fully utilize the rich bauxite resources in Xing Xian County where the proved bauxite resources are about 130 million, the commission said.

Alumina which could be developed from bauxite is a key material for the production of aluminum.

Aluminum Corporation of China is a manufacturer and operator of aluminum. The Company is principally engaged in the mining, refining and smelting of aluminum.

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