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Minerals Resources decided to withdraw investment in the Qinghai electrolytic aluminium project
- China Aluminium Network
- Post Time: 2008/12/3
- Click Amount: 451
Minerals Resources which specializes in processing of alumina and nonferrous metals decided to withdraw investment in the Qinghai electrolytic aluminium project due to Adverse market condition.
Minerals Resources Limited owns 20% of Qinghai Investment’s stake by purchasing of October last year.
Minerals Resources declared that withdraw of investment was in the benefits of the company and of all shareholders as this capital would be put in other uses. Minerals Resources closed high by 1.15% at 0.88 HK dollars.
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