Chinalco could invest $426 million in Suriname bauxite project
If approved by parliament, Chinalco could begin construction by the middle of next year.
The U.S. Commerce Department said on Tuesday it has made a preliminary determination that aluminum sheet imports from China are being subsidized.
The Commerce Department calculated preliminary subsidy margins ranging from 31.20 to 113.30 percent of the value of the imported common alloy aluminum sheet.
In 2016, imports of common alloy aluminum sheet from China were valued at an estimated $600 million, the department said in a statement.
Reporting by Eric Beech and David Lawder; Editing by Mohammad Zargham and Sandra Maler.
