Aluminum Corp of China (Chinalco) President Xiong Weiping has said his company hopes to participate in Oyu Tolgoi, the Mongolian copper-gold project being developed by Ivanhoe Mines.

“Since Chinalco is the largest non-ferrous metal company in China, and China has a geographic advantage with Mongolia, we believe that having a big company like Chinalco involved would give some helpful impetus to the project,” he said.