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Opinion on Aluminum Corp. of China Ltd. (ACH) Sector: Basic Materials > Industry: Metal Mining
ACH a BUY

Feb 06, 2008 09:00 AM GMT

gunning

Return	Risk
-31.42%	MID

Sr. Analyst

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ACH with AA recently took 9% stake in Rio Tinto. BHP offer for Rio was announced today.

As much as serving Beijing's desire is to prevent one company from controlling over a quarter of the world's iron ore, the Rio deal fits Chinalco President Xiao Yaqing's ambitions to turn his aluminum-focused company into a diversified global giant.

ACH: This call was made on 02/06/08 @ $39.89

Rating:	$39.89 (02/06/08)
Closed:	10/22/2008 @ $10.17 (-74.50% in 259 days)
Target:	$43.00 (+7.80%) in < two weeks

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Aluminum Corp. of China Ltd. (ACH)

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Opinion on Aluminum Corp. of China Ltd. (ACH) Sector: Basic Materials > Industry: Metal Mining ACH a BUY

Opinion on Aluminum Corp. of China Ltd. (ACH) Sector: Basic Materials > Industry: Metal Mining
ACH a BUY