RSSNewsletterSiteMapFeedback

Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Metals Tools: Save | Print | E-mail | Most Read | Comment
China, Australia set up light alloy research center
Adjust font size:

A Chinese aluminium company and an Australian university signed an agreement Saturday to set up an international light alloy research center.

 

The research center to be set up by Aluminium Corporation of China Ltd, also known as Chalco, and Monash University of Australia, will focus on design, processing, performance analysis, promotion and application of light alloys as well as talent training.

 

The establishment will provide strong technology and research support for Chalco and other Chinese companies who plan to have long-term investment in Australia, sources from the company said.

 

Chalco, China's largest aluminum maker, won the bid for Australia's Aurukun bauxite project in March this year after edging out BHP Billiton, Xstrata, Comalco Aluminium, and Alcoa and Alcan.

 

The project, with a construction cost of 3 billion Australian dollars (about US$2.41 billion), is designed to extract 7.5 million tons of bauxite and refine 2.1 million tons alumina annually.

 

Chalco is listed in New York Stock Exchange, Hong Kong Stock Exchange and Shanghai Stock Exchange. Its market value exceeds US$80 billion.

 

(Xinhua News Agency September 30, 2007)

 

Tools: Save | Print | E-mail | Most Read

Comment
Username   Password   Anonymous
 
China Archives
Related >>
Most Viewed >>
-China set to hit the brakes on rising yuan
-Macao's gaming market expands further
-Snow's economic toll temporary: economist
-Power to resume shortly in worst-hit area by snow
-Online operators are on top of the game

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © China.org.cn. All Rights Reserved E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP证 040089号