Xiao Yaqing
03-03 13:00 Caijing
Xiao joined Chinalco in
March 2002 and was appointed as the company's general manager two years later.
During his tenure, Xiao grew Chinalco from its original seven plants into a
company with more than 50 subsidiaries. Since 2007, Chinalco has
sped up expansion overseas. In June 2008, the company spent 860 million dollars
to buy all the shares of Peru Copper Corporation of Canada. And in January 2008,
Chinalco allied with U.S. Alcoa Inc. to invested US$ 14.05 billion in Australian
miner Rio Tinto, becoming the company's largest shareholder with a 9 percent
stake. On Feb 12, Chinalco
announced a US$ 19.5 billion investment in Rio Tinto. The deal is currently
pending approval from Rio Tinto's shareholders and
governments.
Born in
1959, Xiao Yaqing graduated
with a PhD in engineering from China’s Central South University in 1982. His
career began at the
Northeast Lightalloy Fabrication Plant.
In 1998, he was made general manager of the Northeast Light Alloy Co., Ltd.
Later, Xiao worked as director of a plant for Southwest Aluminum Industrial Co.,
Ltd., where he worked his way up to become president of the
company.
[ICP License: 090027] IDC License:[B2-20040250] Advertising Business License:[京海工商广字第0407号] 京公网安备110105005607号
Copyright by Caijing. All Rights Reserved