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Aluminum Corp. of China


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1Vote!

Marubeni to Help Chalco Build Vietnam Alumina Plant

Marubeni Corp., a Japanese trader of commodities from metals to grains, will provide support, including logistics and administration, to Aluminum Corp. of China Ltd. to build an alumina refinery in Viet Nam, the Tokyo- based company said. China Aluminum International Engineering Co., a unit of Aluminum Corp., known as Chalco, the country's biggest producer of the metal, won a contract from

1Vote!

Chalco halts production in Shanxi venture

Aluminum Corp of China Ltd, the nation's biggest producer of the metal, is halting production at a venture in the northern province of Shanxi because of a power shortage. The provincial government ordered smelters to cut output to ensure ...

1Vote!

Metal shares rise as banks and oil refiners fall

Most mainland shares rose yesterday with Aluminum Corp of China (Chalco) soaring 10 percent, though the main index was pulled down by weakness in banks and oil refiners. The Shanghai Composite Index closed down 0.11 percent at 2901.85 po ...

1Vote!

Blackstone to advise China on Chinalco BHP-Rio role: report

LONDON (MarketWatch) -- Blackstone Group (BX) has been asked to jointly advise Aluminum Corp. of China, the Chinese state-owned aluminum company known as Chinalco, on its role in BHP Billiton Ltd.'s (BHP) takeover bid for Rio Tinto PLC (RTP), The Sunday Telegraph reports.

2Vote!

China and Saudi Arabia sign electrolytic aluminum project

The Aluminum Corp. of China Limited, Malaysia Mining Corporation (MMC) and the Saudi Binladin Group (SBG) in the Kingdom of Saudi Arabia, recently met in Beijing to sign a joint agreement on the production of electrolytic aluminum with an a ...

1Vote!

Chalco, Tencent rise on inclusion in HSI

Aluminum Corp of China and Tencent Holdings Ltd rose in Hong Kong trading yesterday on their planned inclusion in the city's benchmark Hang Seng Index. Aluminum Corp, or Chalco, the nation's biggest producer of the metal, rose 6.26 perce ...

2Vote!

Aluminum Corp. of China Ltd. (ACH): Ken Heebner Initiates Holdings in ACH

Ken Heebner initiated holdings in Aluminum company Aluminum Corp. of China Ltd. (ACH) during the 3-months ended 2008-03-31. His purchase prices were between $ 37.12 and $ 49.53, with an estimated average price of $ 42.6. The impact to his portfolio due to this purchase was 0.78 %. His holdings was 2020000 shares as of 2008-03-31. As of last market close, the price of Aluminum Corp. of China Ltd. (ACH)...

1Vote!

Hang Seng Index Gets a New Look

Aluminum Corp. of China and Tencent will join the Hang Seng index, replacing PCCW and Cheung Kong Infrastructure.

1Vote!

Shanghai Composite drops 6.5% before recovering

HONG KONG (MarketWatch) -- Chinese stocks lost heavily Thursday as resource stocks such as PetroChina Co., Aluminum Corp. of China and Zhongjin Gold Co. suffered steep losses, reacting to the sharp pullback in gold and crude oil prices. The benchmark Shanghai Composite sank as low as 3,516.33, a decline of nearly 6.5%, before recovering in volatile morning trading. It was recently 3,590.40, down 4.6%...

2Vote!

Report: China's aluminum giant Chinalco may raise stake in Rio Tinto

Aluminum Corp. of China (Chinalco), the nation's biggest aluminum maker, may raise its stake in the London-listed Rio Tinto PLC as part of a larger expansion effort, the China Securities Journal reported on Wednesday. Chinalco would ...

1Vote!

Chalco looks abroad

SHANGHAI: Aluminum Corp of China Ltd, or Chalco, the nation's largest producer of the metal, said yesterday it will step up its overseas expansion after it bought a 12 percent stake in Rio Tinto Plc in February. "This is just the startin ...

3Vote!

China's top aluminum company reports profits decline in 2007

Aluminum Corp. of China (Chinalco), the country's largest aluminum company, said profits declined last year on lower product prices. Chinalco reported 10.23 billion yuan (about 1.44 billion U.S. dollars) of net profits in 2007, down ...

+Vote!

Chalco Parent to Join China Jet Project -Source

SHANGHAI (Reuters) - Major state-owned Chinese firms, including the parent group of Aluminum Corp of China Ltd (Chalco) , will invest in a government-led project to develop large passenger and cargo jets, a source familiar with the situation said on Tuesday.

1Vote!

Chalco to bid for parent's stakes in subsidiaries

Aluminum Corp of China Ltd, or Chalco, is vying to buy 4.175 billion yuan worth of equity stakes in six sister firms from its parent Chinalco, in a move to consolidate the nation's aluminum processing industry. Aluminum Corp of China, or ...

1Vote!

China’s Wings Get A Lift

Remember the debate over China climbing (or flying) up the value chain with plans to make its own passenger jets by 2020? The latest news is that key investors are being lined up. Forbes reports: “Aluminum Corp of China (Chinalco), parent of Aluminum Corp of China Ltd (Chalco) (HK 2600;SHA 601600), and Baosteel Group, parent of [...]