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January 14, 2011

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Chalco eyes bonds

ALUMINUM Corp of China Ltd plans to more than double its short-and-medium-term bond sales to 47 billion yuan (US$7.1 billion) by June 2012 to fund its business expansion.

Chalco, as the company is better known, is waiting for its shareholders to approve the plan, it said in a stock exchange filing yesterday.

 

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