Chalco to invest on self generation of electricity

On Sep. 2nd, Chalco said in the mid-term press conference that it would cut capital expenditure by 20-30 pct in mainland China.

Xiao Yaqing, Board Chairman and CEO of Chalco, indicated that the company had adopted different strategies to encounter the high cost, including investing coal projects in Henan and Gansu, and strengthening self generation of electricity, to which 20 pct would be added. There are, by now, several projects of electric plant under discussion.

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