[Rare Earth] Chalco Plans to Inject $64 Mln into China Rare Earth

Published: Aug 04, 2015 11:13 (GMT+8)

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Aluminum Corporation of China (Chalco) plans to inject 400 million yuan ($64 million) into China Rare Earth Co., it said in a statement filed to the Shanghai Stock Exchange today.

SHANGHAI, Aug. 4 (SMM) – Aluminum Corporation of China (Chalco) plans to inject 400 million yuan ($64 million) into China Rare Earth Co., it said in a statement filed to the Shanghai Stock Exchange today.

China Rare Earth Co., dedicated to rare earth exploring, smelting and processing, belongs to one of Chalco’s three major businesses.

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rare earh Chalco China Rare Earth Co.

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