Chalco To Open Second Line At Huasheng Alumina Refinery
According to a market source claiming knowledge of the matter, Aluminum Corp of China (Chalco) is planning to start a...
Aluminium Corporation of China
Bauxite Production Continues In Guinea After Military Coup
A coup that ousted Guinean president Alpha Conde has resulted in a spike in bauxite prices to an 18-month high, as buyers in China and elsewhere are concerned about the stability of bauxite supplies in post-coup Guinea. President Alpha Conde was ousted...
Chinalco Subsidiary Cited By Government For “Chaotic” Environmental Management In Guangxi
A subsidiary of Aluminium Corp of China (Chinalco) was charged last week with repeatedly violating environmental regulations at a plant...
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...
Events
First Shipment By Chalco Of Bauxite From Guinea Mine Scheduled For Early December
Aluminum Corp of China Ltd (Chalco) said earlier this week that it has queued up its inaugural bauxite ore shipment from Guinea by early next month. “The mining operation has already started and the first output will be shipped to China at the beginning of December,” said Chen Qi, deputy general manager of Chinalco, to […]
Tepid Aluminium Market Translates To 14 Percent Drop In Chalco’s First Half Net Profit
The Aluminum Corp of China Ltd. (Chalco) reported results for the first half of the year on Wednesday. The firm’s bottom line suffered from a weak domestic market for aluminium in the first six months. The year’s first half saw Chalco smelt 1.89 million metric tons of primary aluminium, which was a drop of over […]
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 […]
Chalco Passes Rusal As World’s Second-Biggest Aluminium Producer
In a move that places it ahead of now-former second-place firm U.C. Rusal, the People’s Republic of China’s Aluminum Corp of China Ltd (Chalco) said on Friday that it bumped up total production by 18 percent over the course of last year, making it the second-most-prolific aluminium producer on Earth. Reporting from Reuters described a […]
Tepid Trading Picks Up On China’s Spot Aluminium Market After Spring Festival Break
Though initially struggling after the just-ended Spring Festival break, trading on the People’s Republic of China’s spot aluminium market is beginning to quicken after a substantial purchase earlier this week. Coming off one of China’s two “golden week” breaks, trading on the domestic spot market was slow on Monday, with downstream consumers still absent from […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
