Aluminum Corp of China (Chalco)

Chalco Chair Liu Jianping Resigns Two Years Into Tenure

Chalco Chair Liu Jianping Resigns Two Years Into Tenure

China’s biggest aluminium producer underwent a major leadership shakeup last week after its chairman resigned amid an investigation into the company’s contractual deals. Liu Jianping resigned as chairman of Aluminium Corporation of China (Chalco) on Wednesday, saying that the move is a...

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Events

Chalco’s Net Income Falls By Over 13 Percent In 2020

Chalco’s Net Income Falls By Over 13 Percent In 2020

State-run Aluminum Corp of China Ltd released financial results for 2020 earlier this week, posting the lowest annual profit since 2016. According to a filing by the firm, Chalco’s net income totaled CNY741 million last year, down by 13.1 percent on the year. Over CNY1.4 billion in impairment charges dropped the firm’s income to a […]

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Chinalco And China Hongqiao Call For Cleaner Aluminium Production

Chinalco And China Hongqiao Call For Cleaner Aluminium Production

Aluminum Corp of China and China Hongqiao Group issued a joint proposal last week describing their industry’s contribution to national net-zero carbon emissions, which includes reduction in emissions, energy conservation, and production of low-carbon metal. The companies’ plan is part of a wider initiative by Chinese president Xi Jinping to turn back its rising carbon […]

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Chalco Moves 135 Thousand MTPA To Yunnan Aluminium

Chalco Moves 135 Thousand MTPA To Yunnan Aluminium

State-owned aluminium firm Aluminum Corp of China Ltd (Chalco) is moving an additional 135 thousand metric tons per annum of aluminium smelting production to its co-affiliate Yunnan Aluminium, the company announced yesterday. This is but the latest in a mass migration to the area, where hydropower is cheap and abundant. Both Chalco and Yunnan Aluminium […]

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Chalco’s First-Half Aluminium Production Falls Behind Rusal To 1.86 MMT

Chalco’s First-Half Aluminium Production Falls Behind Rusal To 1.86 MMT

Aluminum Corp of China Ltd (Chalco) struggled in the opening half of 2020, as profits fell by 95 percent and its aluminium production fell behind its Russian rival Rusal during the year’s first six months. For the first half of 2020, Chalco smelted 1.86 million metric tons of primary aluminium, off by 30 thousand metric […]

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Chalco Cutting Alumina Production Rate By A Tenth In “Flexible Production” Measures

Chalco Cutting Alumina Production Rate By A Tenth In “Flexible Production” Measures

The world’s leading producer of alumina said on Thursday that it is entering “flexible production” that will translate into curtailing overall production by a tenth going forward. Aluminum Corp of China Ltd (Chalco) indicated that cuts would be allocated across three alumina production lines at Shanxi Huaxing and Shanxi New Material in China’s northern reaches. […]

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