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...
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’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...
Events
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 […]
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 […]
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 […]
Pair Of Scheduled Maintenance Outages in Guangxi To Impact China’s Alumina Output By 36 Thousand Metric Tons
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 […]
Chinalco Inks Partnership With Yunnan Aluminium for Access to 1.6 MTPA Smelting Capacity
A partnership announced yesterday by Yunnan Aluminium between Aluminum Corp of China (Chinalco) and Yunnan Metallurgical Group will see the emergence of a new Chinalco with greater access to the significant hydropower resources of Yunnan province. Per an agreement signed in Kunming on Sunday, Yunnan Metallurgical Group, owner of Yunnan Aluminum Co Ltd., is to […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
