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Yunnan Aluminum to Expand Capacity through Acquisition

iconAug 31, 2017 11:04
Source:SMM
Yunnan Aluminum Co. will expand its aluminum capacity via acquisition.

SHANGHAI, Aug. 31 (SMM) –Yunnan Aluminum Co. will expand its aluminum capacity via acquisition.

The company announced it planned to buy a 94.35% stake in Qujing Aluminum Co., which has 380,000 tonnes/year of legal aluminum capacity, for 35 million yuan.

The deal will expand Yunnan Aluminum’s total capacity to 1.6 million tonnes/year.  
 
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