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Pechiney boosts stake in Newcastle smelter

FRANCE'S Pechiney has boosted its aluminium production by 6% after striking a deal to raise its h...

MiningNews.Net

Pechiney said it has agreed to pay AMP Life US$220 million for its 15.5% stake in the smelter. The move, raising Pechiney's stake to 51.55% from 36.05%, will increase the production capacity under Pechiney's...

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