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Aluminum Corp of China Ltd

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  • Those are the sort of prizes Chinese aluminium firm Chinalco, the top shareholder in Rio Tinto, is likely to be looking for as trading giant Glencore weighs up a fresh takeover approach for the Anglo-Australian miner, people familiar with Chinalco's strategy said. Rio Tinto rebuffed an approach from Glencore in August that would have created a $160 billion...

  • *Glencore approached Rio Tinto about a merger in July. *Rio says no talks with Glencore after rejecting bid. MELBOURNE/ LONDON, Oct 7- Rio Tinto has rejected a takeover approach from smaller rival Glencore Plc, snubbing a blockbuster deal that would have created a $160 billion mining and commodities trading giant.

  • *Glencore approached Rio Tinto about a merger in July. *No further talks with Glencore after rejecting bid-Rio. MELBOURNE, Oct 7- Rio Tinto rejected a merger approach from smaller rival Glencore Plc to create a $160 billion mining and trading giant in August just as the price of its most profitable product, iron ore, slid toward a five-year low.

  • *Glencore approached Rio Tinto about a merger in July. *No further talks with Glencore after rejecting bid-Rio. MELBOURNE, Oct 7- Rio Tinto rejected a merger approach from smaller rival Glencore Plc to create a $160 billion mining and trading giant in August just as the price of its most profitable product, iron ore, hit a five-year low.

  • METALS-Copper steadies on U.S. growth; nickel slips Friday, 19 Sep 2014 | 1:03 PM ET

    *Copper eyes flat week after 3 weeks of falls. LONDON, Sept 19- Copper steadied on Friday and ended the week flat, breaking a string of three straight weekly declines, as some investors bet a recovering U.S. economy would boost metals demand.

  • *Copper eyes flat week after 3 weeks of falls. LONDON, Sept 19- Copper steadied on Friday and was on track to end the week flat, breaking a string of three straight weekly declines, as some investors bet a recovering U.S. economy would boost metals demand.

  • *Copper eyes flat week after 3 weeks of falls. LONDON, Sept 19- Copper prices inched lower on Friday and were on track to end the week flat, weighed by a strong dollar as a drop in U.S. jobless claims reinforced the view that the Federal Reserve could raise interest rates sooner than had been expected.

  • *Copper to target $6,800 again soon- Triland. *Next week's flash HSBC PMI for China in focus. MELBOURNE, Sept 19- London copper prices were on track to extend their losing streak to a fourth straight week on Friday, hurt by concerns over slowing economic growth in top consumer China and a looming increase in U.S. interest rates.

  • MELBOURNE, Sept 19- London copper was set to end the week flat on Friday as concerns simmered over the timing of a possible U.S. rate hike, while signs of slowing growth in top metals user China also dragged. *The most-traded November copper contract on the Shanghai Futures Exchange fell 0.9 percent overnight to 48,800 yuan a tonne.

  • MELBOURNE, Sept 19- London metal contracts were set to end the week flat on Friday as concerns simmered over the timing of a possible U.S. rate hike, while signs of slowing growth in top metals user China also dragged. *The most-traded November copper contract on the Shanghai Futures Exchange fell 0.9 percent overnight to 48,800 yuan a tonne.

  • HONG KONG, Aug 29- China shares rose on Friday, buoyed by banks and outperforming aviation counters, while the Hong Kong market slipped again on profit-taking and lackluster earnings. The Hang Seng Index, which has declined the past three days, slipped 0.3 percent to a two-week low at 24,678.14 points.

  • Glencore in talks to mine huge Australian bauxite deposit Thursday, 28 Aug 2014 | 12:18 AM ET

    SYDNEY, Aug 28- Glencore will hold talks with the government of the Australian state of Queensland over developing vast bauxite reserves that have remained untapped for decades despite a series of attempts by mining companies to get a project off the ground.

  • HONG KONG, Aug 8- China shares produced their fourth straight weekly gain, thanks to a small advance on Friday rooted in stronger-than-expected Chinese exports in July. Poly Real Estate sank 2.4 percent and China Vanke 0.8 percent on Friday.

  • *Rare earth firms down after China loses appeal at WTO. HONG KONG, Aug 8- China shares eked out slim gains in choppy trade on Friday, buoyed by better-than-expected Chinese export growth that helped offset concern about the cooling housing market, while Hong Kong pared its early morning losses.

  • HONG KONG, Aug 7- China shares slid on Thursday as the country's large banks and oil firms extended a retreat from recent highs, while a weaker Macau gambling sector hurt by disappointing revenues weighed on Hong Kong markets. The Hang Seng Index and the China Enterprises Index of the top Chinese listings in Hong Kong each slipped 0.5 percent.

  • China shares pare losses as metal stocks jump Wednesday, 6 Aug 2014 | 3:06 AM ET

    HONG KONG, Aug 6- China shares fell on Wednesday but ended off early lows as solid gains in metal counters helped offset weakness in banking and energy large caps. PetroChina was the main drag on the index in Shanghai, slipping 0.6 percent. China Eastern Airlines, Air China and China Southern Airlines all added over 1 percent.

  • HONG KONG, July 22- Hong Kong's benchmark index reached its highest level in more than seven months early on Tuesday, leading gains in Asia, as recent fund inflows pushed up the territory's blue-chip stocks. Also pushing up the index were moves by investors to cover their short positions in the absence of negative news from China.

  • Asian Shares Cheer Strong China Trade Data Thursday, 10 Jan 2013 | 5:10 AM ET

    Asian shares ended higher on Thursday as much stronger-than-expected Chinese trade data magnified positive momentum from global markets overnight, strengthening signs of recovery in the world's second-largest economy.

  • Nov 5- Coal miner SouthGobi Resources Ltd said Chief Financial Officer Matthew O'Kane has resigned, months after the company fired its chief executive after Aluminum Corp of China Ltd dropped a $926 million bid.

  • TIANJIN, China, Nov 5- Aluminum Corp of China Ltd is willing to get involved in the Oyu Tolgoi copper project in Mongolia, owned by Turquoise Hill Resources Ltd, the firm's senior vice president Liu Xiangmin said on Monday. Turquoise Hill, previously know as Ivanhoe Mines Ltd, is controlled by Rio Tinto Ltd.