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Chalco four subsidiaries injected Yuan 12.6 billion

Abstract:Chalco Shandong, Chalco Zhongzhou, Chalco Baotou and Chalco Mining, all being wholly-owned subsidiaries of Aluminum Corporation of China Limited (Chalco), have managed to convince their eight creditors of debt-for-equity proposal.
Chalco Shandong, Chalco Zhongzhou, Chalco Baotou and Chalco Mining, all being wholly-owned subsidiaries of Aluminum Corporation of China Limited (Chalco), have managed to convince their eight creditors of debt-for-equity proposal, receiving a total of Yuan 12.6 billion ($1.9 billion) of funds, according to a Chalco announcement on December 4. Among the

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