Chinalco Planned to Produce 13020 Thousand Tons of Metallurgy Alumina

(China Aluminium Network) Chinalco announced the business target for 2014, the company planned to produce 13020 thousand tons of metallurgy alumina and 3210 thousand tons of electrolytic aluminium.

The company planned to issue financing tool, develop bond and bank financing products and overseas market development equity financing to raise fund and ensure smooth capital flow.

The company pointed out will cost 0.765 billion Yuan to research and develop new cathode steel bar structure and electrolytic cell magnetofluid, spend about 0.144 billion Yuan to research and develop 600KA ultra-large capacity aluminium cell technology and 0.399 billion Yuan for other expenditure.

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