Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
AL CIRCLE

Chinalco pioneers new mining company in Xiongan with whopping RMB 2 billion capital injection

EDITED BY : 1MINS READ

On December 18th, Aluminum Corporation of China (CHINALCO) disclosed its intention to collaboratively invest RMB 2 billion with its controlling shareholder, Chinalco Group, along with subsidiary entities such as China Copper and Chinalco Capital Holdings. The objective was to establish a new entity called Chinalco Xiongan Mining Co., Ltd. With Qu Bo serving as its legal representative, this recently established company boasts a registered capital of RMB 2 billion.

Chinalco pioneers new mining company in Xiongan with whopping RMB 2 billion capital injection

{alcircleadd}

Chinalco Xiongan Mining Co., Ltd. specializes in various activities within the mining sector, including exploration of mineral resources, exploitation in non-coal mines, sales of metal ore, import and export of goods, investment activities using its funds, and project management services.

As per shareholder information, the joint ownership of the company involves significant players in the industry, such as China Aluminum Group Co., Ltd. and its affiliated entities: Aluminum Corporation of China Limited (CHALCO), China Copper Co., Ltd., and Chinalco Capital Holdings Co., Ltd. Chinalco has contributed RMB 600 million in cash and assets, securing a 30 per cent equity stake in the newly formed joint venture company.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : 1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle News App
AL Biz App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.