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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...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%...
...Aluminum Corporation of China Limited indicated on March 1st that the company predicted that the aluminum oxide prices would be at USD 350 per tonne to USD 430 per tonne this year in global market in addition that in China’s market would be at CNY 2,700 per tonne to CNY 3,300 per tonne...
...Chalco's ACH results for the second half of 2010 reflect a growing concern about cost control at China's largest aluminum producer. Strong aluminum prices in the last half of the year caused a slight increase in revenue, offsetting the lost sales volume from production cuts at some of the...
...Reuters reported that Aluminum Corporation of China Limited returned to profit in the Q4 of 2010 but cautioned that the sector faced headwinds in China from high costs and excess capacity...
...Aluminum Corp. of China Ltd., the country’s biggest producer of the metal, plans to cut 2.25 billion yuan ($342 million) in costs this year, Chief Executive Xiong Weiping said at a briefing in Hong Kong today...
...China's largest aluminum producer Chalco said Tuesday it swung back into the black in 2010, after falling metals prices and the global financial crisis pounded its balance sheet in the previous year. Chalco, the listed unit of state-owned Chinalco, said it earned 778 million yuan (US$118...
...China’s largest aluminium producer Aluminum Corporation of China (ACH) (10.86,-0.11,-1.00%)(601600)released annual report on March 1st. According to the report, Chalco realized sales income of 120.995 billion yuan with an increase of 72.19%, net profit 778 million yuan( loss 4.619 nillion yuan...
...Aluminum Corp of China, the country's top aluminium maker, returned to profit in the fourth quarter of last year. But with the announcement was a caution that the sector faces headwinds in China from high costs and excess capacity. To cope with this, the firm known as Chalco will be looking...
...Mar 1st, 2011 Aluminum Corporation of China Ltd , the country's largest producer of the light metal, sees profitability in China's aluminium sector remaining low on rising costs and excess capacity, its chairman said on Tuesday...
...Aluminum Corp of China Ltd (2600.HK)(601600.SS)(ACH.N), the world's most valuable aluminium company, said China's aluminium sector will continue to face low profitability because of excess capacity and rising costs...
...Aluminum Corp. of China Ltd., or Chalco, expects a strong but challenging 2011 as the global economy continues to regain momentum and demand for aluminum increases due to government spending on mass transit...
...Aluminum Corporation of China Ltd (Chalco) (2600.HK: Quote), the country's largest producer of the light weight metal, said it plans to raise up to 9 billion yuan ($1.37 billion) from a private placement of new shares to be listed in Shanghai...
... Aluminum Corporation of China (601600, 2600.HK) expects to return to profit in 2010, reports yicai.com, citing a corporation filing. ....
... Aluminum Corporation of China Ltd., the nation’s biggest producer of the metal, rose the most in almost eight months after saying it expects to report a profit for 2010, compared with a loss a year earlier. ...
... Aluminum Corp of China Ltd (Chalco) (2600.HK: Quote)(601600.SS: Quote) said it expects to turn a net profit for 2010 after recording a net loss of 4.646 billion yuan ($690 million) in 2009. ....
... (China Aluminium Network) Ten important events happened in Northwest Aluminum Corporation in 2010. 1. Aluminum Corporation of China (Chalco) adjusted leadership of Northwest Aluminum Processing Branch. ...
... Aluminum Corp. of China Ltd., the nation’s biggest producer of the metal, is increasing bond sales to fund expansion after China’s market rates for loans doubled in a year. .... than double its short- and medium-term debt to 47 billion yuan ($7.1 billion) by June 2012, company filings show. ...
...Aluminum Corporation of China (CHALCO) (2600.HK) signed an agreement with the Guizhou government to invest a total of 34.5 billion yuan to build a Guiyang-based coal-power-aluminum recyclable industrial base, reports China Securities Journal, citing a press release...
