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    aluminum investing

    Alcoa, China Development Bank to Collaborate

    Investing News Network
    May. 13, 2011 12:56PM PST
    Market News

    Reuters reports on Friday, Alcoa Inc (NYSE:AA) signs an agreement with the China Development Bank to collaborate on projects in China and abroad.

    Reuters reports on Friday, Alcoa Inc (NYSE:AA) signs an agreement with the China Development Bank to collaborate on projects in China and abroad.

    The press release is quoted as saying:

    It said the arrangement would focus on Alcoa partnering with Chinese companies on global expansion projects and developing China’s domestic aluminum industry. The agreement was signed in Beijing by Alcoa Chairman and Chief Executive Officer Klaus Kleinfeld and CDB Governor Jiang Chaoliang.

    Click here to access the entire press release

    nyse:aachinaaluminum investing
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