Aluminum Corp of China Ltd (Chalco)

Tepid Aluminium Market Translates To 14 Percent Drop In Chalco’s First Half Net Profit

Tepid Aluminium Market Translates To 14 Percent Drop In Chalco’s First Half Net Profit

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...

Events

Chalco Passes Rusal As World’s Second-Biggest Aluminium Producer

In a move that places it ahead of now-former second-place firm U.C. Rusal, the People’s Republic of China’s Aluminum Corp of China Ltd (Chalco) said on Friday that it bumped up total production by 18 percent over the course of last year, making it the second-most-prolific aluminium producer on Earth. Reporting from Reuters described a […]

Chinese Aluminium Smelters Announce Additional 800 Thousand TPA In Production Cuts

Recognizing the damage excess capacity continues to wreak upon the country’s aluminium market, the People’s Republic of China’s top smelters agreed on Friday to ax a minimum of 800 thousand metric tons per annum of smelting capacity in the next several months. An official from the meeting’s host, the China Nonferrous Metals Industry Association (CNIA), […]