Report: Chalco to own 51% stake in Yunnan Metallurgical Group

Published: Nov 14, 2018 11:06

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SASAC of the State Council would control Yunnan Metallurgical Group after the gratuitous stake transfer

State-owned Assets Supervision and Administration Commission (SASAC) of Yunnan plans to transfer its 51% stake in Yunnan Metallurgical Group to China Copper, a subsidiary of the Aluminum Corp of China (Chalco), announced Yunnan Aluminum earlier this week.

The SASAC of the State Council would control Yunnan Metallurgical after the transfer.

Aluminium

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