Chinalco

Chinalco Inks Partnership With Yunnan Aluminium for Access to 1.6 MTPA Smelting Capacity

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...

Events

Chalco’s Guinea Bauxite Project to Begin Production Within Months

Aluminum Corporation of China Limited (Chalco) said late last week that it anticipates producing bauxite ore at its project in Guinea either later this year or early next year. “It is predicted that at the end of this year or the beginning of next year we will launch,” explained Chalco senior vice president Lu Dongliang. […]

Chinalco Cuts Alumina-Refining Capacity by 2 Million Metric Tons Through March

State-run aluminium and alumina mammoth Aluminum Corporation of China (Chinalco) is the next major aluminium producer to fall in line with its country’s mandated production cuts. Representatives of the firm announced Wednesday that it will be cutting its alumina-refining capacity by 2 million metric tons through next March in order to comply with Beijing’s campaign […]

Chalco to Invest in US$500 Million Bauxite Project in Guinea

The government of the Republic of Guinea announced earlier this week that the People’s Republic of China’s Aluminum Corporation of China Limited (Chalco) will be investing US$500 million in a bauxite ore project in the country. The Guinean government secured the deal after a visit to Beijing by Guinea’s mines minister Abdoulaye Magassouba. It is […]

Chalco to Privatize Chinalco Mining Corporation

Days after a similar announcement by China Xingfa, state-owned Aluminium Corporation of China (Chalco) filed plans with the Hong Kong Stock Exchange proposing to privatize its subsidiary Chinalco Mining Corporation International (CMC). Chalco is offering HK$1.39 per share, which is roughly one third above the stock’s recent price. The firm suspended trading on September 15, […]

Rio Tinto Considers Partnering with Chinese Firm at Amrun Bauxite Mine

Mining giant Rio Tinto is considering bringing aboard a partner from the People’s Republic of China to help fund the US$1.9 billion bauxite operation at Amrun, Australia. Industry experts believe the Chinese firm that will be brought in is the state-owned firm Chinalco, as they hold a 9.9% interest in Rio. Commentators find a Chinese […]