Chinalco increases stake in Aluminum Corp with loan support

Aluminum Corporation of China (HKEX:2600) announced today that its controlling shareholder, Chinalco, has secured a loan commitment from ICBC Beijing Branch for up to RMB1.8 billion to support an increase in its stake in the company. As of April 14, 2025, Chinalco and its parties acting in concert have increased their shareholdings by 36,671,083 A shares and 41,932,000 H shares, amounting to approximately RMB236 million and HK$173 million respectively (approximately RMB164 million). This increase accounts for approximately 0.46% of the total issued share capital, representing approximately RMB400 million. Following these transactions, Chinalco directly and indirectly holds 5,641,916,048 shares, or 32.89% of the company.