Chinalco Peru Copper Ore May Listing in Hongkong

[China Aluminum Network] October 17, according to foreign media, Chinalco was thinking of listing Peru copper ore in Hongkong in the first half year of 2012, financing may about 1 billion dollars.

It is reported that this copper ore (Toromocho) is in the process of early development, will go into operation and production in 2013 and gain profits in 2014. When reaches the designed yield, annual production of refined copper can reaches 250 thousand tons and small amount of silver and molybdenum.

The report also claims sthat Bank of Paris, CICC and Morgan Stanley will be the fisrt underwriters.

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