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Aluminum Corporation of China Ltd.

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Miners the bright spot as volatility batters punters

03.07.09
Stock-market investors might have wished for a better start to the second half of the year. As it is they’ve taken something of a battering, with the prospect of further volatility to come ... more

Punters battered by volatile market buoyed by miners

03.07.09
Stock market investors might have wished for a better start to the second half of the year. As it is they've taken something of a battering, with the prospect of further volatility to come ... more

Rio Tinto £9 billion issue gets the thumbs-up from London

02.07.09
Mining giant Rio Tinto's $15.2 billion (£9.2 billion) rights issue has received strong backing from London shareholders... more

Rio Tinto on the rise after Chinese take up new shares

29.06.09
Mining giant Rio Tinto rallied from an opening fall to trade 41½p dearer at 2101½p today after 12% shareholder Aluminum Corporation of China (Chinalco) indicated that it will be taking up its entitlement to the group’s £8 billion 21-for-40 rights issue at 1400p... more

BG jumps as Shell takeover rumour sweeps the City

19.06.09
Shares in oil and gas giants BG Group, up 30p at 1057p, and Royal Dutch Shell, 26p better at 1603p, were the subject of a burst of takeover speculation... more

Rio Tinto plunges as the effects of £8.8bn rights issue kick in

17.06.09
Trading got under way in Rio Tinto's nil-paid shares today after its announcement a couple of weeks ago that it would raise £8.8 billion by way of a 21-for-40 rights issue at 1400p. ... more

Rio Tinto's peace offering rejected by angry Chinalco

11.06.09
China's spurned Chinalco metals giant has rejected an olive branch from Rio Tinto chief executive after the London-listed mining giant pulled out of the pair's alliance, it emerged today... more

Rio Tinto ditches Chinalco in favour of share issue

05.06.09
Rio Tinto was forced into a giveaway corporate fundraising after the collapse of its highly controversial $19.5 billion (£12.2 billion) deal with the Chinese ... more

Rio plunges £2 on talk it is about to ditch China deal

04.06.09
It has been a day to remember for two of the Square Mile’s big-hitters, Citigroup and JPMorgan Cazenove, which were busily placing the rump of two recent rights issues ... more

Rio has rethink on fundraising tactics

03.06.09
Rio Tinto was today considering opening its planned $19.5 billion (£11.7 billion) fundraising with Chinese investor Chinalco to all its shareholders ... more

Credit Suisse is backing the pub chains despite closures

20.05.09
Six pubs close every day across the country, but that has not stopped the combined stock-market capitalisation of the UK’s pub chain operators soaring 95% since January ... more

Rio Tinto £13bn deal with Chinalco set for go-ahead

15.05.09
Rio Tinto's cash-for-mines-and-shares sell-out to Chinalco of China looked close to completion after it received important US clearances ... more

Banks rally still has further to go, says Morgan Stanley

14.05.09
Some fund managers believe the banks have started to run ahead of events following their recent strong rally. But Morgan Stanley reckons there may still be something to go for... ... more

Rio Tinto plummets as it counts cost of fund-raising

15.04.09
Who said money was cheap? Shares in Rio Tinto tumbled 114p to 2386p — making it one of the biggest blue-chip fallers — after it discovered the real cost to its coffers of raising extra funds... more

Aviva takes a tumble after L&G moves to save £120m

25.03.09
Life assurer Aviva’s generous dividend policy was back in the spotlight today after one of its fiercest rivals, Legal & General, decided to cut its payout to shareholders in order to conserve £120 million of cash.... more

New man in the Rio chair after China rift walkout

17.03.09
Rio Tinto has made a second stab at appointing a new chairman, promoting cigarette man Jan du Plessis to the £1 million-a-year role... more

Chinalco deal still riles top Rio shareholder

04.03.09
Major investors in Rio Tinto have rejected suggestions that support for the Chinalco deal is growing, with one top 10 investor saying shareholders were still "deeply unhappy" with the deal... more

Rio may offer notes to all shareholders

23.02.09
Mining: Debt-laden miner Rio Tinto may try to persuade irate shareholders to back a $19.5 billion tie-up with Chinalco by offering them bonds on the same terms as the Chinese company... more

Rio may offer notes to all shareholders

23.02.09
Mining: Debt-laden miner Rio Tinto may try to persuade irate shareholders to back a $19.5 billion tie-up with Chinalco by offering them bonds on the same terms as the Chinese company... more

New blow for Rio Tinto's China deal

18.02.09
Mining: Rio Tinto's attempt to ram through a sale of up to 18% of the company to the Chinese was dealt another hammer blow... more

Rio Tinto's fundraising deal with Chinalco sparks fury

12.02.09
Mining: The Chinese government has been handed a seat at the mining industry's top table by a desperate Rio Tinto which was forced to sell prized assets to state-owned Chinalco in a exchange for an injection of nearly $20 billion cash... more

Banks feel the chill as US rescue plan deepens fears

11.02.09
Bank shares came under the hammer again today following a big sell-off of bank shares on Wall Street overnight, where investors are fretting about their wholesale nationalisation in the wake of the US Treasury's $2 trillion bank rescue scheme... more

Chinalco poised to pour £14bn into Rio

11.02.09
Mining: Aluminium Corp of China, (Chinalco) is expected to invest up to $20 billion in Rio Tinto to gain more access to commodities... more

Rio shares head downhill in wake of boardroom rift

10.02.09
Rio Tinto dropped 55p to 1865p today as the miner remained locked in talks with its biggest shareholder Aluminium Corporation of China (Chinalco) about a massive cash injection... more

BA shares look ready for take-off now, says Merrill

10.02.09
Merrill Lynch has taken the bold step of calling the bottom of the market in shares of British Airways, which was flying high among blue-chips today with a rise of 9.5p at 148.8p... more

Rio shares surge over Chinese deal

02.02.09
Mining: Shares in Rio Tinto soared more than 7% as the miner confirmed it had bowed to pressure to seek a deal with its biggest shareholder for more cash... more

Rule-breaking is out of order

02.02.09
Peter Chambers, who as head of the investment arm of Legal & General is one of the most influential shareholders in the country, told the Treasury Select Committee last week how difficult it was to get boards and chief executives of companies to listen to the concerns of shareholders and act upon them... more

Market report: Rio Tinto makes gains on talk of swoop by big holder

19.01.09
There are still pockets of interest for stock-market investors, despite the gloom surrounding the banking sector at present... more

Chinalco freeze on £255m bonds

17.10.08
Mining: China's biggest aluminium group, Chinalco, suspends a three billion yuan (£254.9 million) bond issue as doubts grow over its $8 billion stake in Anglo-Australian miner Rio Tinto... more

Chinalco may up its stake in Rio Tinto

01.09.08
Chinese aluminium manufacturer Chinalco today said it may increase its stake in Anglo-Australian mining giant Rio Tinto... more

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