Aluminium Corp. of China

Aluminium Corporation Of China Voluntarily Delists From NYSE In Accounting Row

Aluminium Corporation Of China Voluntarily Delists From NYSE In Accounting Row

The world’s second-largest producer of alumina is one of several state-owned companies from the People’s Republic of China that has voluntarily delisted from the New York Stock Exchange due to a disagreement over auditing standards. Aluminium Corporation of China (Chalco) said last...

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Events

Chalco Ships First Bauxite From Boffa Mines In Guinea

Chalco Ships First Bauxite From Boffa Mines In Guinea

Aluminum Corp of China Ltd (Chalco) earlier this week commenced the first shipment of its inaugural batch of bauxite ore from mines in the West African country of Guinea. According to a Chinese ship-tracking website, the first 55 thousand metric tons of bauxite from the project left port on Sunday secured in the cargo holds […]

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Price, Not Shortages, Will Determine Chalco’s Desire To Import Alumina

Price, Not Shortages, Will Determine Chalco’s Desire To Import Alumina

Despite shortages in the country’s northern reaches, the Aluminum Corp of China Ltd (Chalco) is not planning to increase imports of alumina unless and until prices reach a commercially-justifiable level. Such was the message conveyed by a company representative earlier this week. Commenting to Reuters at the Shanghai Derivatives Market Forum on Tuesday, the deputy […]

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Though Chalco’s Production Fell In Q1, Profits Rose By 46 Percent

Though Chalco’s Production Fell In Q1, Profits Rose By 46 Percent

Thanks to recently weak prices, Aluminum Corp of China Ltd. (Chalco) reported a drop in first-quarter aluminium production of 6.9 percent on the year. Per a data sheet sent to analysts earlier this week, Chalco smelted 950 thousand metric tons of primary aluminium in the opening three months of the year, off from last year’s […]

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