Chinalco gets board’s nod on $1.32B project expansion
Jun 18, 2013 | 10:21 AM
| Claire Hack
LONDON Aluminum Corp. of China Ltd. (Chinalco) will spend about $1.32 billion to expand the Toromocho copper project in Peru, the company said.
The expansion, which aims to optimize and increase the projects capacity, was approved by the companys board June 17.
The approval is still subject to any potential amendments, finalization details and/or shareholder approval.....
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