Australia’s aluminium industry is entering a defining phase of its transition. As demand for low-carbon aluminium accelerates worldwide, the country is seeking to leverage its abundant renewable energy resources, supportive policy framework and growing industrial investment to emerge as a major...
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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Recently, Chinalco initiated a high heat conduction insulation alumina padding technology and industrialization project which has passed state identification process. It is the first time that such achievements have been accomplished in this field and this has established a 200 ton production line.
Aluminum Corp. of China, the nation’s biggest producer, said it will “strictly” control project investments and be “prudent” on acquisitions amid a slump in metal prices. The company, known as Chinalco, should “get well prepared to counter tough challenges” and ensure its financial safety amid...
Guiyang Baiyun aluminium industry base is a key industrial park of Guizhou province. It is also the top 10 Guiyang industrial parks and main battlefield of Guiyang’s stimulus plan for six key industries. Baiyun aluminium industry base mainly relies on leading enterprises such as Chinalco,Guizhou...
Chinalco Ruimin’s high precision aluminum sheet project came into operation in Mawei, Fujian. Governor Su Shulin, party secretary and general manager of Chinalco, Xiong Weiping attended the ceremony for production. The project has a total investment of 3.5billion RMB. It is estimated that at the...
In recent days,NELA oversized special type aluminum alloy plate, strip and profile technological transformation project was the key construction project of Chinalco. Its production line has finished check by electronic hoist scales recently. Due to the large size of these two electronic hoist...
Aluminum Corp of China (Chinalco), the country's top aluminium producer,hopes to develop bauxite mines in Guinea, the world's top exporter of the raw material. Luo Jianchuan, a senior official at Chinalco and president of Chinalco's listed unit, Aluminum Corp of China Ltd (Chalco) discussed the...
Shanxi Xingxian Alumina Mine Project has finished its contruction bidding, and will start work this month.Xingxian Alumina Project is one of the main investment construction project of Chinalco,located in Shanxi Lvliang City,and plans to produce 1000 thousand tons alumina per year. It is learned...
Experts from Qinghai Bureau of Quality and Technical Supervision made overall evaluation on the energy work of Chinalco Qinghai Branch. The evaluation was made in accordance with the 5 elements and 21 items of the evaluation standards. Various aspects were evaluated including energy management...
Two new production lines of Chinalco are expected to be put into operation before the end of this year. Located in Southwest Aluminum Co., Ltd(SWA) and Northeast Light Alloy Co., Ltd(NELA), these two lines have a total investment of one billion. Although the financial crisis has led to temporary...
Aluminum Corp. of China (NYSE: ACH): fell by 2.53% or $-0.4/share to $15.42. In the past year, the shares have traded as low as $15.13 and as high as $26.80. On average, 351074 shares of ACH exchange hands on a given day and today's volume is recorded at 266325. The shares are currently trading...
In order to lower the purchase cost, regulate the procurement business and improve efficiency, Chinalco launched an overall building plan of an e-commerce procurement platform. According to the request of Chinalco’s head office, the marketing department started to run the platform formally on Nov....
Under the request of the government and Chinalco, Huaze Aluminium&Power Co.,Ltd carried out the 2011 “Quality Month” activity in depth. The company aims at improving the quality of its products and working process, promoting its whole competitiveness and realizing its annual business objective. The...
On August 26 night, Chinalco reported its H1 net profit reaches 413 million Yuan, decrease 22.24% YOY. The report shows operating income of Chinalco H1 2011 reaches 65970 million Yuan, increase 10.36% YOY. It mainly because of external sales price rise of main products and increase of external...
Shanghai Security News announces that Chinalco Promises to eliminate horizontal competition with JiaoZuo WanFang (000612) within five years. Data indicate that as a giant shareholder of JiaoZuo WanFang, Chinalco holds 24% shares of JiaoZuo WanFang while JiaoZuo WanFang itself only accounts for...
Guang xi subsidiary company of Chinalco runs in full production in spite of the shortage of electricity market and electricity cut from local network. The company is endeavoring to cut power consumption in the non-production areas and has bought little electric power to guarantee the over-loaded...
During the period of the Twelfth Five-Year Plan, Chinalco’s investment in the western region will account for more than 70% of the total amount. Xiong Weiping indicates that Chinalco accounts for 50% of the total investment in the western region. It will give key priority to invest in the western...
In the first half year, with the joint effort of Chinalco head office, company leaders and all the employees, Fushun Aluminum Co., LTD rate of sale revenue, profit and net assets rise rapidly and outperforms A1 evaluation indicators of the head office. It has realized “time passes half, task passed...
Constructors in Chinalco Henan Branch are working 24 hours without a rest. It is said that the project is a particularly significant project for Henan branch in 2011 with an investment of 0.24 billion Yuan. Currently, the main framework of the project has taken its initial shape and equipments have...
