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http://www.marketwatch.com/story/chinas-chinalco-plows-15-bln-into-rare-earths-2010-09-27?siteid=rss&rss=1
Sept. 27, 2010, 9:33 p.m. EDT
By Myra P. Saefong, MarketWatch
TOKYO (MarketWatch) — Aluminum Corp. of China said Monday it plans to take
on a majority stake in Jiangxi Rare Earth and Rare Metals Tungsten Group for
an investment of “not less than” 10 billion yuan ($1.5 billion).
Under the agreement between the two companies, signed Sunday at the Expo
Central China 2010, Chinalco /quotes/coms
Sept. 27, 2010, 9:33 p.m. EDT
By Myra P. Saefong, MarketWatch
TOKYO (MarketWatch) — Aluminum Corp. of China said Monday it plans to take
on a majority stake in Jiangxi Rare Earth and Rare Metals Tungsten Group for
an investment of “not less than” 10 billion yuan ($1.5 billion).
Under the agreement between the two companies, signed Sunday at the Expo
Central China 2010, Chinalco /quotes/coms