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

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.