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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