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With a weak share price ruling out an equity raise, Aluminum Corporation of China (ACH +2.46%)...

With a weak share price ruling out an equity raise, Aluminum Corporation of China (ACH +2.46%) will double its short term debt to diversity into iron ore, coal, and rare earths, as overcapacity in the domestic aluminum market shrinks profit margins in its core business.
Comments (1)
  • Tom Au, CFA
    , contributor
    Comments (6774) | Send Message
     
    This company (and others), should heed the signal given by its weak stock price, that end-market demand is likely to be weak.
    12 Jan 2011, 04:25 PM Reply Like
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