Chinalco may build aluminium smelter in Gansu

Aluminum Corp of China (Chinalco), the country's top aluminium producer, may build a greenfield aluminium smelter in Qingyang city, Gansu province, a senior executive said on Wednesday.

"(We) intend to use the energy resources in Qingyang for the aluminium smelter," vice-president Lu Youqing said in a faxed statement to Reuters.

An industry official at Qingyang told Reuters the city government and Chinalco had signed a framework agreement last week to build a 500,000 tonne-per-year aluminium smelter and develop a coal mine.

The state-owned company is the parent of Chalco (2600.HK) (601600.SS), which operates Chinalco's aluminium and alumina capacity.

Chinalco may build aluminium smelter in Gansu.

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