# Chalco to set up joint venture with Chinalco for green aluminium slab lines

Aluminum Corporation of China (Chalco) announced it will invest CNY 288 million to form a joint venture with Chinalco High-End Manufacturing to build slab casting lines for green aluminium downstream utilization.

- Type: Investment
- Announced: 2024-01-26
- Where: China
- Value: $40.0M (288.0M CNY)
- Status: announced
- Products: green aluminium slab
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Aluminum Corporation of China](https://endata.com/companies/20411.md)
- [Chinalco High-End Manufacturing Co., Ltd.](https://endata.com/companies/75274.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1062144.html), 2024-01-26: "公司本次与中铝高端制造设立合资公司，拟共同布局、投资扁锭生产线，是为合理规划公司绿色铝的下游利用。"

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