PACIFIC ASIA CHINA ENERGY INC. announced the closing of the plan of arrangement under which Green Dragon Gas (”Green Dragon”), through its wholly-owned direct and indirect subsidiaries, GREKA China Ltd. and GREKA Acquisitions Ltd. (”GREKA”), acquired all of the Company’s outstanding shares at a price of CDN$0.35 per share in cash, for total cash proceeds [...]

PetroChina Ltd. said first-quarter profit plunged 31.5 percent in large part because of government controls that bar it from passing on record crude-oil costs to consumers.
China’s biggest oil company said profit was 28.8 billion yuan ($4.1 billion) for the three months ending March 31. PetroChina is the publicly traded arm of government-owned China National Petroleum [...]

Shares of most aluminum producers rose Monday as prices for the commodity rose, offsetting a warning from a Deutsche Bank analyst.
FBR Capital Markets analyst Amir Arif said in a client note that he is “most concerned about (Pittsburgh-based Alcoa Inc.), not so much on the expected first quarter 2008 results, but on second quarter 2008 [...]

Cape Alumina Pty Ltd., part owned by Chinese aluminium group Chiping Xinfa Huayu Alumina Co Ltd., has gained approval to look further afield for bauxite in Australia, underscoring China’s hunger for the raw aluminium-making material outside its borders.
Cape Alumina is prospecting in Australia’s bauxite-rich Cape York region, where world No.2 miner Rio Tinto Ltd./Plc. also [...]

The Aluminum Corporation of China Ltd. (Chalco) has applied to the National Development and Reform Commission (NDRC) for approval to develop bauxite mines in and around
the Mamou Region of the African country of Guinea, the NDRC announced
today.
Chalco plans to [...]

The Vietnam National Coal-Mineral Industries Group and Aluminium Corp. of China Ltd. , or Chalco, will invest around $1.6 billion in mining bauxite and refining alumina, they said on Wednesday.
The two firms signed a framework agreement on the project last Thursday in Hanoi during a visit by Chinese President Hu Jintao before he attended an [...]

China’s Bose region in southern Guangxi, where two of the world’s largest alumina producers have investments, aims to boost alumina production capacity more than five-fold by 2010, a local government official said on Friday.
The region’s ambition to raise annual capacity to 5 million tonnes from the current 850,000 tonnes may add pressure to world alumina [...]

The Vietnam National Coal-Mineral Industries Group, the country’s top miner, has agreed to mine bauxite and produce alumina jointly with Aluminium Corp. of China Ltd , or Chalco, a company official said on Friday.
The official gave no further details, but the Vietnamese mining group, known as Vinacomin, said in September the project would cost as [...]

China has upgraded one hydropower dam in blackout-prone Guinea, the world’s top exporter of the aluminium ore bauxite, and plans to modernise another, state radio and diplomatic sources said on Wednesday.
China has ramped up investment and diplomatic activity in Africa as it seeks new supplies of energy and raw materials to fuel its fast-growing economy.
State [...]