# Aluminum Corporation of China approves two internal acquisitions

Aluminum Corporation of China Limited (Chalco) board approved on December 28, 2017, two acquisitions: Zhongal Shandong Co. to acquire 100% of Zhongal Qingdao Light Metal Co., and Shanxi New Materials Co. to acquire part of the assets of Zhongal Shanxi Aluminum Co.

- Type: Acquisition
- Announced: 2017-12-28
- Where: China
- Status: announced
- Products: aluminum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Aluminum Corporation of China](https://endata.com/companies/20411.md) (acquirer)
- [Zhongal Shandong Co.](https://endata.com/companies/29054.md) (acquirer)
- [Zhongal Qingdao Light Metal Co.](https://endata.com/companies/29055.md) (target)
- [Shanxi New Materials Co.](https://endata.com/companies/29056.md) (acquirer)
- [Zhongal Shanxi Aluminum Co.](https://endata.com/companies/29057.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/98572.html), 2017-12-28: "2017年12月28日,该公司董事会审议批准关于中铝山东有限公司拟收购中铝青岛轻金属有限公司100%股权的议案及关于山西新材料有限公司拟收购中铝山西铝业有限公司部分资产的议案。"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.