Chinalco to Reject Up to $2 Billion U.S. Dollar to Double Aluminum Processing Capacity

Foreign Times quoted Li Dongguang, director of the market and trade department of China Aluminum Corporation, that China Aluminum Corporation said it would invest up to two billion U.S. dollars by 2010 to nearly double the capacity of aluminum processing materials.

The report quoted Li Dongguang as saying that Chinalco hopes to increase its alumina production capacity to 13 million tons by 2010 and electrolytic aluminium production capacity to 5 million tons.

Chinalco is the parent company of China Aluminum Corporation, a listed company.