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...
Aluminum Corp of China (Chinalco)
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...
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 […]
Chinalco Reports 31.8 Percent Jump In Revenue For 2019’s Opening Half
Despite growing downward pressure on the industry and evaporating profit margins, Aluminum Corporation of China (Chinalco) reported a record high in revenue for the first half of the year yesterday. According to state-run media, Chinalco recorded CNY170 billion (US$24.7 billion) in revenue for the opening six months of 2019, good for an increase of 31.8 […]
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 ...
