Aluminum Corp of China (Chalco)

Tepid Aluminium Market Translates To 14 Percent Drop In Chalco’s First Half Net Profit

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...

Events

Sources Say Chinese Aluminium Firms Meeting To Discuss Domestic Price And Demand Woes

A trio of sources claiming knowledge told Reuters yesterday that representatives from China Hongqiao Group, Aluminum Corp of China Ltd (Chalco), and other Chinese major aluminium producers will hold a meeting today to hash out the implications of falling prices and weak demand for the country’s aluminium sector. Per the unnamed sources, the China Nonferrous […]

Alufer’s First Shipment Of Guinean Bauxite Ore Arrives In China

Bauxite miner Alufer Mining Limited announced last week the safe arrival of the firm’s inaugural Capesize shipment of bauxite from its Bel Air Mine in Guinea to the port of Qingdao in the People’s Republic of China. The 203,009-metric-ton shipment was purchased by Chalco Shandong, a subsidiary of the Aluminium Company of China Limited (Chalco), […]

COSCO Shopping For 25 New Ore Carriers To Transport Bauxite From Guinea

According to sources who spoke to the Wall Street Journal late last week, China COSCO Shipping is in the market for over two dozen new ore-shipping vessels intended for transporting bauxite ore from Guinean ports to China for use in feeding Aluminium Corp. of China (Chalco) aluminium smelters. Per the sources, who spoke on condition […]

Chalco Breaks Ground On Boffa Bauxite Project In Guinea

State-run smelter Aluminum Corp of China (Chalco) announced yesterday the start of construction at its Boffa bauxite project in Guinea. Reuters reported Monday that the company released a statement saying that a groundbreaking ceremony took place this weekend at the site. No further details were available at press time. Earlier this year Chalco said production […]