Two Chinalco units to list in HK

(China Aluminium Network) Chinalco plans to list its engineering unit in Hong Kong.

China Aluminum International Engineering Corporation aims to raise up to HK$3.9 billion in March or April.

It is mainly involved in infrastructure construction and engineering in the mainland. Chinalco is also preparing to spin off its Peru copper mining project in the third quarter, eyeing HK$7.8 billion. The project, in central Peru, is due to start by the end of next year. Annual output is estimated at 250,000 tonnes.

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