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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

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