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ACH
Aluminum Corporation of China Ltd

5/27/2012, 2:42 PM ET
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ACH Market Currents more »
  • April 24 Chalco (ACH +1.5%) takes another stab at acquiring Mongolian coal, saying it will buy a 29.9% stake in Winsway Holdings for $308M. The company is keen to have its own source of energy as the cost of such makes up about 1/3 the cost of aluminum production. Another attempt - the purchase of SouthGobi Resources - has stalled as the Mongolian government has a look. [Global & FX, Commodities]
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Company Description
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Industry: Aluminum
Country: China