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Chinalco, Rio Tinto JV Likely To Start Exploration Next Month -Chinalco, Rio JV Executive

TIANJIN, China -(Dow Jones)- Chinalco Rio Tinto Exploration Co. will likely start exploration operations next month after it obtained approvals from relevant government authorities, a company executive said Monday. The company, a joint venture between Aluminum Corp. of China, or Chinalco, and Rio Tinto PLC (RIO) "got approval for company establishment last week," Chief Executive Andrew Cole said during an industry conference. The JV will start mineral exploration and seek investment opportunities once the company is formally established, Cole said. -Yajun Zhang contributed to this article; Dow Jones Newswires; (8621) 6120 1200; yajun. zhang@dowjones.com

Stock News for Aluminum China (ACH)
DateTimeHeadline
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