The two companies signed an agreement during Chinese President Hu Jintao’s State Visit to the USA.

In China, Alcoa and CPI will collaborate on developing clean energy projects such as wind and solar and smelting operations. Both parties will also work toward developing high-end aluminum industrial parks. They plan to expand their current trading relationship.

Outside China, the two will explore opportunities in a number of geographies. The projects may range from mining, refining and smelting to collaboration on energy projects.