Aluminum of China Ends Asset Transfer Plans

Aluminum of China (HK:2600) has released an update.

Aluminum Corporation of China Limited has decided to terminate its planned transfer of assets and equity interests in subsidiaries to Chinalco High-end Manufacturing. The decision aligns with the company’s strategy to focus on building a green and low-carbon aluminum industry, utilizing existing resources to enhance recycling and production capabilities. This move highlights the company’s commitment to sustainable growth and transformation in the aluminum sector.

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