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...
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...
State-run Aluminum Corp of China Ltd released financial results for 2020 earlier this week, posting the lowest annual profit since...
State-owned aluminium firm Aluminum Corp of China Ltd (Chalco) is moving an additional 135 thousand metric tons per annum of...
A subsidiary of Aluminium Corp of China (Chinalco) was charged last week with repeatedly violating environmental regulations at a plant...
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 […]
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 […]
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 […]
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 […]
Maintenance at two different plants in the Guangxi Zhuang Autonomous Region beginning this week is expected to put a dent into the overall alumina production by the People’s Republic of China. According to a press release by Shanghai Metals Market, the Aluminium Corporation of China (Chinalco) took a roasting furnace at its refining plant in […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...