Shares of Aluminum Corporation of China (Chalco) rallied during the latest trading session after investors responded positively to plans by its parent company to increase its shareholding, alongside improving aluminium market fundamentals. The company's Hong Kong-listed shares gained 6.28 per cent...
Shares of Aluminum Corporation of China (Chalco) rose on Monday after its controlling shareholder, Aluminum Corporation of China (Chinalco), announced plans to increase its stake in the state-owned aluminium producer by up to USD 300 million (CNY 2 billion), reflecting confidence in the company's...
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Aluminum Corp of China Ltd hired Australia & New Zealand Banking Group Ltd and Natixis to help it borrow $300 million in a three-year term loan, according to a person familiar with the matter on Thursday.
Mongolia's massive Tavan Tolgoi project began shipping 4,000 tonnes of coal south to its new partner, the Aluminum Corp of China Ltd (Chalco) on Thursday following a ceremony at the mine site. The mine's state-owned operator, Erdenes Tavan Tolgoi, agreed last week to sell $250 million worth of coal...
Erdenes Tavan Tolgoi, the Mongolian state-run company developing part of the country's biggest coal reserve, signed a $250 million supply contract with companies including Aluminum Corp. of China. Erdenes TT agreed to sell coal to Chinese buyers including Chalco, as the company is also known, and...
Chalco’s Liancheng Aluminium is expected to put all of its newly-constructed potlines into production by the end of this year. The first batch of the potlines, with a designed capacity of 130kt/y started trial operation in March this year. Total capacity of the expansion project is 388kt/y.
Mongolia's state-owned miner Erdenes Tavan Tolgoi (TT) has agreed to sell $250 million worth of coal from the east Tsankhi deposit to Aluminium Corp of China Ltd (Chalco) , a move insiders said was aimed at raising cash to help fund its impending listing fees. Under the agreement, Chalco would...
THE Queensland Government has confirmed it will call an international tender for the development of the Aurukun bauxite resources in western Cape York, effectively snubbing the giant Chinese Aluminium Company (Chalco). Treasurer and Minister for State Development and Trade Andrew Fraser last night...
THE Queensland Government has confirmed it will call an international tender for the development of the Aurukun bauxite resources in western Cape York, effectively snubbing the giant Chinese Aluminium Company (Chalco). Treasurer and Minister for State Development and Trade Andrew Fraser last night...
Aluminum Corp of China said its discussions over possible development of bauxite resources in Australia had ended and that it would make provisions for impairment on associated expenditures. The Queensland government terminated the discussions, the company said late Sunday, putting an end to what...
Aluminum Corp of China said its discussions over possible development of bauxite resources in Australia had ended and that it would make provisions for impairment on associated expenditures. The Queensland government terminated the discussions, the company said late Sunday, putting an end to what...
Negotiations between the Queensland government and Chinese aluminium giant Chalco over a $2.3 billion alumina refinery in the north of the state have broken down, with the Aurukun bauxite leases now set to be put up for sale later this year, according to The Australian Financial Review. According...
Interfax China reported that Liancheng Aluminum Company Limited, a wholly owned subsidiary of the Aluminum Corporation of China Company Limited has completed construction of 338,000 tonne aluminum plant in the city of Lanzhou.
Reuters reported that Aluminum Corporation of China has taken 45% majority stake in a rare earth JV in Jiangsu province, boosting such assets, which is part the firm's strategic development plan. Mr Yuan Li spokesman of Chinalco said that a company spokesman said that Chinalco which is China's top...
Shares of Aluminum Corp of China (Chalco) surged by the 10 percent daily limit to 11.14 yuan ($1.72) on Wednesday on the Shanghai Stock Exchange after its parent company announced the establishment of a rare earth extraction unit in Jiangsu Province to consolidate five local rare earth firms. Hong...
Recently, the first production line of aluminum single stand cold rolling mill which built by Aluminum Corporation of China Limited has successfully run the trial in Southwest Aluminum which subordinated to the CHALCO. The achievement of the trail has brought a solid foundation for the official...
...– Aluminum Corporation of China (601600) signed an agreement with Sweden’s Sapa Group, the world’s largest supplier of aluminum extruding products, to form a joint venture to enter the high-end aluminum material market, reports China Business News. The two companies will each contribute 50...
...Worldal reported that Aluminum Corporation of China Limited signed an agreement in Beijing with Sweden's extruded aluminum profile maker, Sapa Group to create 50 50 JV in southwest China to produce aluminum parts for high end rail transit projects...
...China’s economy will maintain “stable” growth of 7 percent to 8 percent a year, supporting demand for commodities including aluminum and copper, said a senior official at Aluminum Corp. of China Ltd...
...luminium Corporation of China (02600) announced that the company succeeded in bidding 9.5% international trade equity of Chalco with the bid price of 115 million yuan (about 137 million yuan). After the deal, Shareholding of Chalco will rise to 100%...
