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Chinalco says the company has not increased its share of investment in Jiang Tungsten Holdings

Source: Internet
Author: User
Keywords Aluminum industry
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NetEase Financial September 29 in the aluminum company in September 26 with the Jiangxi Sasac signed the "Jiangxi Rare Metals Tungsten Holding Group Co., Ltd. increase capital expansion agreement."　　According to the agreement, after the approval of the Jiangxi provincial government, Chinalco will increase its share of capital to invest in Jiang Tungsten Holding group, become its controlling shareholder. The company's board hereby declares that the company is not a party to the transaction. As at the date of this announcement, the company did not participate in the above mentioned rare earth development matters plan.

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