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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Aluminium has jumped 6 per cent in the week since the London Metal Exchange was forced to halt a plan to cut queues at its global warehouse network. Prices for three-month delivery at the LME rose to $1,838 a tonne on Thursday, a five-month high. The increase will bring some relief to aluminium...
Syrah Resources has signed a Memorandum of Understanding for the offtake of 80,000 tonnes to 100,000 tonnes of graphite from its giant Balama Project in Mozambique by Chalieco, a member of the Chinalco Group. Notably, this is close to half of the planned initial production of 220,000t from the...
Aluminum Corporation of China (Chinalco) took seven years to develop the technology to produce electrolytic aluminum using a 600 kA super-large cell. Recognized as a significant project under 863 Program in China in the year 2009, the technology was tested & certified by China Nonferrous Metals...
Rio Tinto and Chinalco will explore a partnership to bring forward the next era of mining technology aimed at delivering significant value and re-shaping industry best practice. Rio Tinto chief executive Sam Walsh and Chinalco president Sun Zhaoxue captured their intent in a Memorandum of...
Shanghai-based Baosteel has given hints in its latest six-year plan (spanning 2013 to 2018) that it intends to enter the aluminium industry, possibly in some kind of joint venture with Chinalco and with a view to making parts for the automotive industry. According to a report in the latest edition...
Aluminum Corporation of China Limited, or Chinalco, China's largest alumina producer and the world's third largest primary aluminum producer, has announced the sale of 8 billion yuan's worth ($1.3 billion) of assets after heavy losses for the past four years. The assets being sold are held by nine...
Twelve departments of Chinese government united to issue “Guidance on boosting annexation and reorganization of enterprises in key industries”, in which they come up with targets on nine industries such as auto,steel,cement,shipping,electrolytic aluminum,tombarthite,electronic information,medicine...
Chinalco Mining Corporation International raised about $397 million in an initial public offering in Hong Kong, two people with knowledge of the matter said. The unit of China’s biggest aluminum producer sold about 1.76 billion shares at HK$1.75 apiece, the people said, asking not to be identified...
The initial public offering of Chinalco Mining Corp International will give investors an opportunity to gain exposure to the highly prospective but also risky business of mining in Peru. Metals mining investors are facing the dilemma of having to pay a premium for assets in more stable nations such...
Chinalco Indonesia joint venture owned mine delivered first shipment of 57 thousand tons bauxite and the stock has reached Port of Rizhao. It is learned that Chinalco Hongkong Company work together with Indonesia joint venture finished all procedures of bauxite export on 14th December, 2012. The...
Chinalco Southwest Aluminum Group Co., Ltd’s forge plant grasped key emphasis in work to promote technological innovation and make great efforts to tubing production in 2012, at the end of November the plant’s extrusion workshop production increased 55% yoy, which has broke the former highest...
At the end of November 2012, Chinalco Henan Aluminum Fabrication Co., Ltd’s new products development output reached 8,340 tons totally, occupied 13.46% of the total output. Since 2012, under the circumstance of fierce competition outside, Henan Aluminum’s manufacturing plants enhanced new product...
The aluminum industry is in 'tough times' but its outlook is expected to improve next year as global economic recovery picks up, Aluminum Corp. of China Ltd. ACH -1.69% President Xiong Weiping said Thursday. "The aluminum industry should recover [next year] but is going through a difficult period,"...
Abundant stocks of aluminium and lukewarm demand in the global market may cap prices on the London Metal Exchange at about $1,950 per tonne on average next year from just above $2,000 expected this year, a senior Chinalco official said. Yang Xiaowu, director of futures department at Aluminum...
Aluminum Corp. of China may cut the size of a Hong Kong initial public offering of its Peruvian copper mining unit by more than half to about $400 million, two people with knowledge of the matter said. Chinalco Mining Corp., a unit of China’s biggest aluminum producer, must submit new financial...
Aluminum profile is a kind of aluminum extrusion materials, seen from the product output structure, it accounts for nearly 50% of the aluminum processing materials. Currently, China is the world's largest aluminum profile producer and consumer. During the period 2001-2008, its aluminum profile...
It is reported that Chinalco’s large-sized aluminium sheet project has been completed. After coming into operation, the products will be mainly supplied to domestic large airplanes which can fill in the gap of domestic ultra-wide and ultra-thick aluminium alloy sheet. According to a Chinalco’s...
The Aluminum Corporation of China, commonly known as Chinalco, signed an agreement with a Swedish company in Beijing last year to fund a project in the Xipeng Aluminum Industrial Zone in the Jiulongpo district of Chongqing municipality. Sapa Group, a Swedish company that makes extruded aluminum...
