Aluminum Corp of China (Chalco)

Chalco Breaks Ground On Boffa Bauxite Project In Guinea

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...

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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 […]

China’s Aluminium Production in December Up by 15.3 Percent From Previous Month

The People’s Republic of China’s aluminium production came roaring back in December to levels not seen since early summer according to numbers released by the government on Thursday. China’s National Bureau of Statistics (NBS) revealed that the Middle Kingdom produced 2.71 million metric tons in the final month of 2017, good for a 15.3-percent rise […]