Chalco's Brazilian Deal Expands Global Reach And Raises Valuation Questions [Yahoo! Finance]
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Yahoo! Finance
Aluminum Corporation of China (SEHK:2600), known as Chalco, and Rio Tinto have jointly acquired a controlling stake in Companhia Brasileira de Alumínio. The deal gives Chalco significant influence over a major Brazilian aluminum producer and marks the company's largest outbound investment to date. This move expands Chalco's overseas footprint and increases its role in the global aluminum supply chain. For investors watching SEHK:2600, this transaction comes with the stock at HK$13.85 and very large 5-year returns, with the share price more than 7x over that period. The company has also posted a 192.7% return over the past year, 265.4% over 3 years, and is up 9.6% year to date, highlighting how closely the market is tracking its corporate actions and international ambitions. This new Brazilian foothold could reshape how Chalco sources and supplies aluminum globally, and it may influence how peers respond to cross-border deals. Investors may want to watch how efficiently the co
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