China Aluminum Industry (601600.SH): plans to invest approximately 1 billion US dollars to construct an aluminum oxide project in Guinea.

Wisdom Financial APP News, Aluminum Corporation of China (601600.SH) announced that on June 26, 2025, the first meeting of the Ninth Board of Directors of the company approved the "Proposal on Investment in the Construction of Guinea Alumina Project by Aluminum Corporation of China Hong Kong Limited". The company agreed to allow its wholly-owned subsidiary, Aluminum Corporation of China Hong Kong Limited (referred to as "Chinalco Hong Kong"), to invest in and construct a 1.2 million ton alumina project in Guinea (referred to as the "Guinea Alumina Project"). Since the Board of Directors of the company approved the above proposal at a critical stage of the project negotiations, disclosing this matter may have a negative impact on the project progress. Therefore, in accordance with the regulations of the China Securities Regulatory Commission on the temporary postponement and exemption of information disclosure for listed companies, the company has temporarily postponed the disclosure of this matter.