B · Normal
[Chinalco: Plans to sign EPC general contract for Guinea alumina project, contract price expected to be about 6.556 billion yuan] On November 6, Chinalco (601600.SH) announced that the company's subsidiary Chinalco Guinea plans to sign an EPC general contract with Chinalco International for the construction of a 1.2 million tons alumina project in Guinea, and the contract price is expected to be about 6.556 billion yuan. Chinalco International is a holding subsidiary of Chinalco Group, the company's controlling shareholder. This transaction constitutes a related transaction, which has been reviewed and approved by the board of directors and is yet to be approved by the shareholders' meeting.
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