Xiong Wei ping: Chinalco eyes the exploration and development in West Australia ores

Yesterday, XIONG Wei Ping diliever his points at the mining resources and infrastructure investment of West Australia seminar he indicates that Chinalco have spent 1.5 billion U.S. dollars to complete the allotment of Rio Tinto, and it is still the  largest shareholder of Rio Tinto. He also stressed that Chinalco will explore and develop the non-ferrous metal ores in Western Australia exclusively or with joint partners

XIONG Wei-ping said that the copper project in Peru will be invested 2.1 billion U.S. dollars, which is scheduled for production in 2012. Now, the project is in the final secret recipe approval stage, and it will start to construct soon. For acquisition of the South African's mining giant Anglo American Corporation, he said that this commercial acquisition will be in Chinalco's attention.

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