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Chinalco raises Chalco stake to 34.01% with $98m share purchase
13 Aug 20262MINS
Primary AL
Chinalco has increased its stake in Aluminum Corporation of China Limited, known as Chalco, after purchasing shares worth CNY 659 million (USD 97.7 million). According to a Hong Kong filing dated August 11, 2026, Chinalco and parties acting in concert acquired 77.4 million Chalco shares, comprising 47.6 million A-shares and 29.8 million H-shares. Following the purchase, Chinalco and its affiliated parties held approximately 5.83 billion shares, representing 34.01 per cent of Chalco’s total i ...
EU approves €84m Danish scheme to boost clean-tech and critical raw material production
12 Aug 20263MINS
SupplementAL
The European Commission has approved a EUR 84 million Danish state aid scheme to expand clean-tech manufacturing and support the production of new and recovered critical raw materials.  The European Union is stepping up efforts to strengthen its domestic clean-tech manufacturing base, with the European Commission approving a EUR 84 million (USD 96.87 million) aid scheme for Denmark.  The scheme will provide direct grants to companies investing in additional manufacturing capacity for net-zer ...

12 Aug 20263MINS
End User
Packfine (Yantai Zhuyuan Environmental Tech Co., Ltd.)'s aluminium slim cans are aimed at Saudi Arabia's growing demand for innovative beverage packaging, particularly for juice and other non-alcoholic drinks. The company supplies 180ml and 250ml slim cans designed to meet both the design and performance needs of beverage producers in the Middle Eastern market. The packaging format is also being considered as brands look for lighter, more distinctive containers for an increasingly competitive ...
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