【SMM Aluminum Flash News】Chihong Zinc & Germanium Joins Chinalco, Chalco to Form Rare Metals Platform Chalco Qianxing

Published: Jul 28, 2026 17:12

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Chihong Zinc & Germanium stated on its investor interaction platform that the company, together with Chinalco Group, Aluminum Corporation of China (Chalco), Yunnan Copper, and Chalco Capital, jointly established Chalco Qianxing to create a rare metals industry chain extension platform. Chalco Qianxing's daily operations will strictly adhere to the basic principle of "equal shares, equal rights, and equal responsibilities." All investors will enjoy equal dividend rights according to their respective shareholding ratios, and will also enjoy priority subscription rights for corresponding proportions of capital increases in accordance with laws and regulations. Leveraging strategic synergy and resource complementarity with Chalco Qianxing, the company can sustainably consolidate its core competitive position in the upstream of the germanium industry chain. Simultaneously, by holding a 20% stake in Chalco Qianxing, the company can sustainably share in the operating income and equity appreciation of Chalco Group's various rare metals extending to high-value-added downstream sectors, and accelerate its entry into other strategic metals besides germanium, leveraging and sharing the advantages of group-based operations and the synergistic advantages of different rare metal materials industries.

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