Chinalco Official: Plan To Sign $19.5 Billion Deal With Rio Tinto
February 11 2009 - 7:52PM
Dow Jones News
Aluminum Corp. Of China, or Chinalco, will soon sign a $19.5
billion deal with Rio Tinto Ltd. (RTP) to raise its stake in the
miner, Chinalco Deputy General Manager Lu Youqing told Dow Jones
Newswires Thursday.
"We will hold a joint press briefing with Rio later today in
Australia," he said.
Lu declined to provide further details on the deal.
Chinalco is the parent of Hong Kong-listed Aluminum Corp. Of
China Ltd. (2600.HK).
-Chen Juan contributed to this story, Dow Jones Newswires;
86-21-6120-1200; juan.chen@dowjones.com