China tightens rules on alumina expansion to tackle overcapacity
Companies won’t be allowed to build new alumina plants in heavily polluted areas, according to an aluminum industry development plan.
Yancoal Australia (ASX: YAL) rejected on Tuesday a $1.8 billion takeover bid from its largest shareholder, saying that both the value and the proposed structure of the deal were not in the best interests of its minority shareholders. China’s Yankuang...
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