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Aluminum

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China Zhongwang Holdings updates on proposed spin-off and proposed placement<1333.HK>

Tuesday, 6 Sep 2016 07:01pm EDT

China Zhongwang Holdings Ltd <1333.HK>: Inside information - further announcement on the proposed spin-off and proposed placement <1333.HK> . Says cred holding will not proceed with the proposed placement . Says accordingly, the assets restructuring and the proposed spin-off may or may not take place .

Guangdong Hongtu Technology Holdings to issue shares to buy 11.6 pct stake in Ningbo Siwei Ergongye Company Limited from Ningbo Veken Elite Group

Tuesday, 6 Sep 2016 02:50am EDT

Ningbo Veken Elite Group <600152.SS> and Guangdong Hongtu Technology Holdings <002101.SZ>:Guangdong Hongtu Technology Holdings will issue 8.2 million shares through private placement to Ningbo Veken Elite Group at 18.25 yuan per share, in order to buy 11.6 percent stake in Ningbo Siwei Ergongye Company Limited.

Guangdong Hongtu Technology to buy Ningbo company for 1.6 bln yuan

Friday, 2 Sep 2016 05:29am EDT

Guangdong Hongtu Technology Holdings Co Ltd <002101.SZ> : Says it plans to buy Ningbo Swell Industry Co for 1.6 billion yuan ($239.50 million) via cash, share issue .Says it aims to raise up to 986.8 million yuan in private placement of shares to fund acquisition.

Alumina and Alcoa Inc announces amendments to AWAC Joint Venture

Thursday, 1 Sep 2016 05:30pm EDT

Alumina Ltd : Amendments to AWAC joint venture . Both parties have also agreed to settle and terminate litigation related to Alcoa's separation . Parties to terminate litigation relating to Alcoa's pending separation into two independent, publicly traded cos. . Alcoa Inc remains on track to complete its separation in the second half of 2016 . Says changes to the joint venture agreements are intended to align more closely the partners' interests in AWAC, . Says changes will also simplify AWAC's dividend and cash management policies . Changes will require that awac raise a limited amount of debt to fund future mutually agreed growth . Alcoa and Alumina agreed to make certain changes to the Alcoa world Alumina and chemicals joint venture .

R&I affirms Ryobi's rating at "BBB+" and says stable outlook – R&I

Wednesday, 31 Aug 2016 02:34am EDT

Ryobi Ltd <5851.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+" – R&I .Rating outlook stable– R&I.

Kamensk-Uralsky Metallurgical Works H1 net profit up at RUB 3.67 billion

Tuesday, 30 Aug 2016 05:39am EDT

Kamensk-Uralsky Metallurgical Works : H1 profit for period 3.67 billion roubles ($56.59 million) versus 2.65 billion roubles year ago .H1 revenue 11.62 billion roubles versus 11.55 billion roubles year ago.

Aleris to be acquired by Zhongwang USA LLC

Monday, 29 Aug 2016 08:00am EDT

Aleris Corp : Aleris to be acquired by Zhongwang USA LLC . Aggregate value of Aleris amounts to $2.33 billion, comprising $1.11 billion in cash for equity to be paid by Zhongwang USA, plus $1.22 billion in net debt .Will retain its name and continue to serve its customers with no changes to current operations, contracts or commitments.

Aleris to be acquired by Zhongwang USA LLC

Monday, 29 Aug 2016 08:00am EDT

Aleris Corp : Aleris to be acquired by Zhongwang USA LLC . Aggregate value of Aleris amounts to $2.33 billion, comprising $1.11 billion in cash for equity to be paid by Zhongwang USA, plus $1.22 billion in net debt .Will retain its name and continue to serve its customers with no changes to current operations, contracts or commitments.

Hebei Sitong New Metal Material says H1 2016 div payment

Monday, 29 Aug 2016 01:49am EDT

Hebei Sitong New Metal Material Co Ltd <300428.SZ>:Says it to use additional paid-in capital to distribute 20 new shares for every 10 shares to shareholders as H1 2016 dividend.

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