The National Development and Reform Commission (NDRC) has approved a 700,000-ton per year alumina expansion project of Zhongzhou Branch of China Aluminum Co. Ltd, a subsidiary of the company. The project will enhance coal mining efficiency, reduce alumina cost of the subsidiary to form economies of scale, and meet the domestic demand for alumina.

In addition, in June 2008, the NDRC also approved of an 800,000-ton per year alumina project in Yunnan that is jointly invested by Yunnan Aluminium Co. Ltd, Wenshan Municipal and Rural Development Investment Co. Ltd, Yunnan Metallurgical Group, and Wenshan Dounan Manganese Industry Co. Ltd. The project will advance the industrial structural organisation in Yunnan Province and meet the domestic demand for alumina.

Source: China Securities Journal

Date: 7 Jul 2008

CN01/NW/MZ/AR/WH