Business Services Industry
Alcoa Signs Memorandum of Understanding With China State Nonferrous Metals Industry Administration
Business Wire, Oct 9, 1998
PITTSBURGH, Pa., and BEIJING, China--(BUSINESS WIRE)--Oct. 9, 1998--Alcoa (NYSE:AA) and the China State Nonferrous Metals Industry Administration announced today that they have signed a memorandum of understanding to study the feasibility of Alcoa and China State Nonferrous Metals Industry Administration forming a joint venture in China involving several refining, smelting and fabricating facilities there.
Alcoa and the Administration will jointly conduct the evaluation over the next six to 12 months.
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