Potential merger, which could also involve a local government, would form second-largest company in nation’s heavy rare earth sector

Chinese investors led by Baowu hope to save billions of dollars by reviving long-dormant Simandou project, but face billions in infrastructure costs and high risk of plunging prices

Mining giants move forward on Simandou field after government approves development of other deposits

Aluminum Corp. of China Ltd. raked in $340 million for the year to June

Yu Dehui says goal is to establish clearer, more streamlined management structures and control systems

Losses from poorly performing aluminum business offset by overseas investments, subsidies, asset selloffs, analysts say

Shot in the arm comes amid aluminum oversupply, falling demand and domestic pressure to cut excess capacity

Local government orders owner of China Hongqiao Group to cut what amounts to 650,000 metric tons of output

Metal’s price has slumped on trade war concerns, expected global glut next year

Chinalco’s bid to take greater stake in Simandou stalls, reportedly due to ownership dispute with government

Second-stage construction at Toromocho will expand annual capacity 36% to 300,000 tons of copper by 2020

Chalco plans to invest $164 million in cash to develop Boffa bauxite project as the latest development under a 2016 agreement