Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Aluminum Corp of China (Chinalco), the country’s top aluminium producer, hopes to develop bauxite mines in Guinea, the world’s top of exporter of the raw material. Luo Jianchuan, a senior official at Chinalco and president of Chinalco’s listed unit,