China metals company Aluminum Corp of China (ACH) is investing as much as $1.5B in rare earth...

|About: Aluminum Corporation ... (ACH)|By:, SA News Editor

China metals company Aluminum Corp of China (ACH) is investing as much as $1.5B in rare earth minerals. Chalco will take a majority stake in Jiangxi Rare Earth and Rare Metals Tungsten Group. The move follows an announcement by China earlier this month that it will encourage M&A in the rare-earth sector.