Chalco’s Strong Bottom Line In 2021’s First Half Due To Aluminium Price Recovery
Aluminum Corp of China Ltd (Chalco) turned in its best half year profit in fourteen years last week even after...
Aluminum Corp of China Ltd (Chalco) turned in its best half year profit in fourteen years last week even after...
State-run Aluminum Corp of China Ltd released financial results for 2020 earlier this week, posting the lowest annual profit since...
Aluminum Corp of China Ltd (Chalco) struggled in the opening half of 2020, as profits fell by 95 percent and...
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. […]
Aluminum Corp of China Ltd (Chalco) earlier this week commenced the first shipment of its inaugural batch of bauxite ore from mines in the West African country of Guinea. According to a Chinese ship-tracking website, the first 55 thousand metric tons of bauxite from the project left port on Sunday secured in the cargo holds […]
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 […]
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 1.89 million metric tons of primary aluminium, which was a drop of over […]
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 […]
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 ...
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