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DashboardDatabaseProReportsEventsConsulting(Bloomberg)--Chinalco signed an agreement with a Laotian government company on March 30 to jointly develop mineral resources in Laos’s south, Shanghai Daily said, citing a statement from the Chinese company.
The metals producer’s Hong Kong unit will buy a stake in the Laotian company, the English-language newspaper said today. Talks on completing details of the investment are underway, the newspaper said, citing an unidentified Chinalco spokesman.
Chinalco, or Aluminum Corp. of China, is the state-owned parent of Hong Kong-listed Aluminum Corp. of China Ltd., or Chalco.
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