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Aluminum Corp Of China Ltd to Sell Assets of Branches


Thursday, 9 May 2013 08:00pm EDT 

Aluminum Corp Of China Ltd announced that it plans to transfer all the assets and debts of its Northwest Aluminum Processing Branch, to Aluminum Corporation of China, at a price of no less than the assessed net asset value of RMB 1,660,053,400. The Company also plans to transfer the alumina production line asset and related assets of Guizhou Branch to Aluminum Corporation of China, at a price of no less than assessed net asset value of RMB 4,429,315,800. 

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