Aluminum Corp. of China signed a framework agreement with the local government of Erdos in Inner Mongolia region to build an integrated 500,000 metric ton aluminum project, the Erdos Daily reported on Feb. 11.
The company, known as Chinalco, will invest 30 billion yuan ($4.76 billion) to build a coal mine with an annual capacity of 10 million tons, three 350 mega-watt power units, along with the primary aluminum plant, according to the newspaper.
The report didn’t provide details on when the projects will be completed. Two calls to the press office of Beijing-based Chinalco were not answered.
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