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Jie Yu aluminum>>Chinalco will hold Rio Tinto shares sold to BHP Billiton is unlikely
Chinalco will hold Rio Tinto shares sold to BHP Billiton is unlikely
Chalco, general manager of Chalco, said on April 4 that Alcoa's acquisition of a stake in Rio Tinto was a strategic investment but that the company would consider selling its Rio Tinto stake to BHP Billiton . However, according to the planning of China Aluminum, Guotai Junan, an industry analyst claimed that China Aluminum will sell the shares of the possibility is minimal. In fact, China Aluminum Group Vice President Lu Youqing had said before the aluminum internationalization of polymetallic mining company's strategic positioning has been identified, the acquisition is the aluminum company with the development strategy of enterprises, based on long-term development, in accordance with International practice. And Xiao Yaqing aluminum in this year's annual report on the work of the meeting has said that resources are the basis for sustainable development of enterprises, do not have the upper reaches of resources, the right to speak, will lose the initiative in the downstream discourse, in the context of economic globalization, participation in the global Resource allocation, the development of aluminum companies to become the inevitable choice. As resources, energy is the bottleneck restricting the development of domestic non-ferrous metals, as the central enterprises must respond to national call, take the initiative to take responsibility, and actively implement the "going out" strategy to achieve industrial energy and energy-rich areas to shift in the international market to seek greater Of the development of space and more profit growth source. Therefore, although in Australia, Xiao Yaqing was asked whether Chalco would consider selling its Rio Tinto stake to BHP Billiton, which is interested in bidding for Rio Tinto, Xiao said, as long as it can make money on the line. However, analysts believe that the acquisition of Rio Tinto is not simply the behavior of aluminum, even if one day in the hands of aluminum will be transferred to BHP Billiton, it is also a number of central enterprises overseas after the layout of things.