Aluminum Corporation of China Limited (Chalco) has officially created a joint venture with Chinalco, Yunnan Copper, Chihong Zinc & Germanium, and Chinalco Capital through a capital contribution agreement. These partners are each taking different equity stakes.
The new entity will operate independently and will not be a subsidiary of Chalco, meaning its financial results won't be included in the company’s consolidated accounts.
As a connected transaction under Hong Kong Listing Rules, the formation requires reporting and public announcement, but doesn’t need approvals from independent shareholders.
Chalco establishes new industry joint venture
27 Oct 2025 15:06 reported by Joy Liu
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