Yunnan Aluminum to Expand Capacity through Acquisition-Shanghai Metals Market

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Yunnan Aluminum to Expand Capacity through Acquisition

Industry News 11:04:19AM Aug 31, 2017 Source:SMM

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.  
 
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

Yunnan Aluminum to Expand Capacity through Acquisition

Industry News 11:04:19AM Aug 31, 2017 Source:SMM

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.  
 
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.