Chalieco Signs Deal for $267 Million Mining Project in Guinea; Hong Kong Shares Up 4%

MT Newswires Live

2025/06/25

China Aluminum International Engineering (HKG:2068, SHA:601068) or Chalieco signed a $267 million deal for the mining operations and maintenance of the Simandou project in Guinea, according to a Wednesday filing on the Shanghai bourse.

The Chinese construction engineering company will construct the project for mine developer SimFer within 60 months.

Chalieco's Hong Kong shares jumped 4% and Shanghai shares rose 2% in recent trade.

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