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....
Aluminum Corp of China (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...
China’s Aluminium and Alumina Operations Spared By Typhoon Mangkhut
Aluminium smelters and alumina refineries have thus far been spared the ravages of Typhoon Mangkhut according to sources on the...
Fall In Alumina Prices Prompts Chalco To Cut Refining Capacity By 770k MT in Shanxi
State-run smelter Aluminum Corp of China (Chalco) announced to the Hong Kong stock exchange on Thursday that high bauxite prices...
Events
Chinalco Inks Partnership With Yunnan Aluminium for Access to 1.6 MTPA Smelting Capacity
A partnership announced yesterday by Yunnan Aluminium between Aluminum Corp of China (Chinalco) and Yunnan Metallurgical Group will see the emergence of a new Chinalco with greater access to the significant hydropower resources of Yunnan province. Per an agreement signed in Kunming on Sunday, Yunnan Metallurgical Group, owner of Yunnan Aluminum Co Ltd., is to […]
Chalco Announces US$164 MM Investment in Guinea’s Boffa Bauxite Mine
Aluminum Corp. of China (Chalco) announced late last week a plan to invest US$164 million in a bauxite ore mine in Guinea. Domestic media reported yesterday the plan to invest in the Boffa bauxite project, which is the site of an estimated 736 million metric tons of bauxite reserves. Chalco says this investment will be […]
Rusal Crisis Teases Out Alumina Exports of Up To 500k Tonnes from China
Due to sanctions placed by the United States government upon Rusal and the resulting scarcity of it, alumina refiners in the People’s Republic of China have begun shipments of the material to overseas buyers in loads of up to 500 thousand metric tons. According to sources who spoke to Reuters, Aluminum Corp of China (Chalco) […]
Aluminium Price Drop Sinks Chalco Profits by 19.4 Percent in Q1
Aluminum Corp of China Ltd (Chalco) released first-quarter results on Monday, turning in a net profit in the quarter lower by 19.4 percent from the previous year. For the just-ended quarter China’s biggest state-run aluminium smelter recorded CNY308.6 million in net profits, off from adjusted net profits of CNY382.9 million in the first quarter of […]
Shanxi Government Hopes to Entice Aluminium Smelting Capacity with Preferred Access to Bauxite Resources
The government of one of the People’s Republic of China’s northern provinces announced earlier this week that it would be willing to barter choice cuts of its bauxite stores for companies that move aluminium smelting capacity to the area. Aluminum Corp of China (Chinalco), Shandong Xinfa Aluminium Group, and Xinjiang East Hope Ferrous Metals Co., […]
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 and industry experts from all over the world to hear and exchange information on latest developments related to base metals and their ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
