Home >> Business >> General

ALUMINUM Corp of China Ltd, the nation's biggest producer of the lightweight metal, is concerned that a takeover by BHP Billion Ltd of Rio Tinto Group would concentrate raw-material supplies and may wield too much pricing power."Yesterday (Tuesday) someone told me that if they combine copper ore and iron ore, prices may double next year," President Luo Jianchuan of Beijing-based Aluminum Corp, also known as Chalco, said yesterday. "It makes us worried."

>> Full Article

Previous: Steel mills expand ties