Australia declares end to China tensions

Australia declared an end to diplomatic tensions with China on Monday despite differences over the arrest of a Rio Tinto mining executive, and urged Beijing to stay calm when disagreements flare in the media. Australia’s ties with China have been tense for several months after China’s state-owned metals firm Chinalco failed in a bid to [...]

Chinalco eyes RUSAL’s Australian plant stake – sources

Chinese metals conglomerate Chinalco wants to buy UC RUSAL’s stake in an alumina refinery in Australia, but is less interested in buying into the indebted Russian company’s Hong Kong share issue, two sources familiar with the situation said on Tuesday. However, state-owned Chinalco, may be obliged to subscribe to the share issue and take a [...]

Chinalco wants RUSAL’s Australian alumina refinery stake

But, the Chinese company hopes to avoid the Russian firm’s Hong Kong share ipo Read more….

NALCO gets a new chairman

C.R. Pradhan has retired as head of the India,n, state-run aluminum company. Read more….

NALCO to resume full mining after attack

Workers agreed to resume late shift after being assured of their safety in a meeting on Monday. Read more….

NALCO sells aluminium ingots at premium

It was sold to Nobel Resources and the shipment would be in phases within six months from May. Read more….