Chalco to acquire gallium metal assets
2021-08-25 11:16:59 [Print]
Chalco announced that Chalco Mining, its Guangxi Branch and wholly-owned subsidiary, and Zunyi Aluminum, its holding subsidiary, acquired gallium metal assets of Guangxi Gallium Company, Henan Gallium Company and Zunyi Gallium Company under China Rare Earths Co., Ltd. respectively by signing agreements, with a consideration of about RMB392.41 million (USD60.60 million), the estimated value of such assets. The deals will benefit the cooperation of aluminum industry and gallium industry, improve production efficiency and benefits and help with future planning and establishment of high-purity materials business unit.
Gallium Metal 99.99%min FOB China
Unit:USD/kg
China gallium metal producers' sales volume statistics by province by month
Unit: mt
