CHINALCO plans joint venture for rare metals
2025-08-28 11:53:24 [Print]
China Aluminum Group Co., Ltd. (CHINALCO) plans to establish a joint venture with Aluminum Corporation of China Limited (CHALCO), Yunnan Copper Co., Ltd., Yunnan Chihong Zinc & Germanium Co., Ltd., and Chinalco Capital Holdings Co., Ltd., with a registered capital of RMB1.5 billion (USD210 million). The venture will create an extended industrial platform for rare metals including gallium, germanium, selenium, tellurium, antimony, bismuth, indium, and cadmium. CHINALCO will hold a 25% stake, CHALCO, Yunnan Copper, and Chihong Zinc & Germanium will each hold 20%, and Chinalco Capital will hold 15%.
The joint venture's main business will include high-purity processing, compound production, and development of end-use products for key rare metals; comprehensive recycling and utilization of rare metal materials; R&D, production, and sales of high-purity aluminum and copper products; development, production, and sales of new lightweight structural materials; and distribution of primary rare metal products.
The joint venture's main business will include high-purity processing, compound production, and development of end-use products for key rare metals; comprehensive recycling and utilization of rare metal materials; R&D, production, and sales of high-purity aluminum and copper products; development, production, and sales of new lightweight structural materials; and distribution of primary rare metal products.
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