Chinalco, the largest shareholder of Chalco, expressed their intension to acquire the Guangxi-based Liuzhou China Tin Co., Ltd (Liuzhou China Tin), the second largest tin producer by output in China.
Now several Chinese enterprises including China Minmetals Group Co., Ltd. and Hunan Nonferrous Metals Group Co., Ltd. were negotiating with Guangxi Prefecture Government on the acquisition.