Chinalco

Chalco Chair Liu Jianping Resigns Two Years Into Tenure

Chalco Chair Liu Jianping Resigns Two Years Into Tenure

China’s biggest aluminium producer underwent a major leadership shakeup last week after its chairman resigned amid an investigation into the company’s contractual deals. Liu Jianping resigned as chairman of Aluminium Corporation of China (Chalco) on Wednesday, saying that the move is a...

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Events

Chalco’s First-Half Aluminium Production Falls Behind Rusal To 1.86 MMT

Chalco’s First-Half Aluminium Production Falls Behind Rusal To 1.86 MMT

Aluminum Corp of China Ltd (Chalco) struggled in the opening half of 2020, as profits fell by 95 percent and its aluminium production fell behind its Russian rival Rusal during the year’s first six months. For the first half of 2020, Chalco smelted 1.86 million metric tons of primary aluminium, off by 30 thousand metric […]

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Chalco Ships First Bauxite From Boffa Mines In Guinea

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 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 […]

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Chinalco Reports 31.8 Percent Jump In Revenue For 2019’s Opening Half

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 […]

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

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 […]

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