chinalco

The state-owned miner captures more than $8 billion of orders, highlighting investors' continuing hunt for yield.

Chinalco’s Peru unit draws strong demand, leading the retail tranche to be about 25 times covered, while cornerstone investors take up 60% of the deal.

Chinalco’s Peru unit starts the roadshow for an offering of up to $435 million, making it one of only a handful of companies set to list in Hong Kong before Chinese New Year.

Amid weak market sentiment, Chalieco draws lacklustre demand from retail investors and fixes the price at the bottom of the range.

The Hong Kong offering comes armed with six cornerstone investors and enough anchor demand to cover the entire base deal at launch. Separately, China Nonferrous Mining will resume its IPO today after securing a similar level of demand.

Australian mining company Rio Tinto courts the Chinese once again, forming joint ventures with Chinalco and Sinosteel soon after its proposed tie-up with BHP Billiton fails.

Fear of worldwide protectionism grows, but ChinaÆs anti-monopoly law might lead to more transparent commercial practices.

By taking its full rights entitlement, the Chinese company shows that it remains committed to Rio Tinto, for now.

Minmetals' enhanced $1.4 billion offer for identified Oz Minerals assets finds favour with the company's shareholders who approve the deal.