Chalco
Chalco shares jump 6.3% as stake increase and bauxite outlook lift sentiment
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 to close at HKD 8.63 (USD 1.10), with trading volume reaching 93.09 million shares. Despite the latest rally, the stock remains 29.09 per cent lower for the year to date. Stake increase boosts investor confidence Market sentiment strengthened after Chinalco announced plans to increase its stake in Chalco by up to USD 300 million, signalling confidence in the company's long-term prospects. The share price also received support after JPMorgan placed a buy order for more than 2 million shares,...
Chalco shares climb as Chinalco plans to raise stake by up to $300m
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 future development and long-term investment value. By 04:58 GMT, Chalco's Shanghai-listed shares had gained 6.4 per cent to CNY 8.98, while its Hong Kong-listed shares were up 4.2 per cent at HKD 7.93. According to a company filing, Chinalco and parties acting in concert intend to purchase between CNY 1 billion (USD 147.6 million) and CNY 2 billion (USD 295 million) worth of Chalco's A- and H-shares over the next 12 months through the Shanghai and Hong Kong stock exchanges. Explore: The most...
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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JPMorgan expands stake in Chalco with $11.9m H-share acquisition
JPMorgan has increased its long position in Aluminum Corporation of China (02600.HK) to 6.04 per cent from 5.72 per cent after acquiring an additional 12.6864 million H-shares. According to a filing disclosed by the Hong Kong Stock Exchange on July 8, the shares were purchased on July 2 through both on-exchange and off-exchange transactions. The average purchase price stood at HKD 7.4087 per share for on-exchange transactions and HKD 7.4168 per share for off-exchange transactions. The acquisition was valued at approximately HKD 93.9896 million (USD 11.9 million). Following the transaction, JPMorgan’s total holding in Aluminum Corporation of China rose to 239 million shares. Why does the transaction require disclosure? Under Hong Kong Stock Exchange requirements, major shareholders -...
Why Chalco's Guangxi Huayin refinery remains central to its aluminium business
Every aluminium smelter depends on a steady supply of alumina, and securing that supply begins at refineries such as Guangxi Huayin in southern China. Operated by Aluminum Corporation of China (Chalco), the facility converts imported and domestic bauxite into smelter-grade alumina, supplying both the company's own smelting network and external customers along the southern Chinese coast. For most buyers, the end product is simply a white powder arriving in bulk shipments. Behind that powder, however, sits a refining operation that has become an important part of Chalco's supply chain in a region where high-quality bauxite remains in limited supply. Bauxite entering Guangxi Huayin passes through the Bayer process before emerging as alumina suitable for aluminium production. Digestion tanks,...
Aluminium producers see fiscal gains as Middle East crisis and China’s capacity cap fuel price rally
A supply shock in West Asia is reshaping the global aluminium market. Disruptions to smelters, shipping routes and regional energy supplies have tightened aluminium availability and pushed London Metal Exchange prices to a four-year high, bringing the market closer to the USD 4,000-per-tonne threshold. The disruption comes at a time when the global aluminium market has averaged a supply deficit of less than 0.5 million tonnes over the past five years. Also, the 45 million tonne cap on China's primary aluminium output leaves limited room for the country to increase production and offset any shortfall from the Gulf Cooperation Council (GCC) region. While consumers grapple with higher costs and supply uncertainty, aluminium producers are benefiting from higher prices. Improved realised...
Chalco clears third unlocking phase under 2021 restricted share incentive plan
Aluminum Corporation of China (Chalco) has confirmed that the conditions for the third unlocking period of restricted A shares issued under its 2021 restricted share incentive plan have been met. The company said the latest unlocking follows a series of earlier adjustments made to the scheme, including the repurchase and cancellation of restricted shares that did not meet vesting requirements. Previous rounds of share unlockings and listings have also been completed as part of the programme. The incentive scheme is designed to link employee compensation with company performance while helping retain key personnel. The latest unlocking indicates that the relevant performance and vesting conditions have been achieved for the eligible participants. Explore: The most comprehensive and...
CHALCO tightens Guinea grip with high-stakes alumina expansion deal
Aluminum Corporation of China (CHALCO), through its Hong Kong-listed Unit, and its partnering mining company and port company have signed an agreement to amend and restart the Mining Convention with the Guinean Government. It paves the way for the creation of a dedicated project company that will oversee the development and operations of the Guinean Alumina Project linked to the country’s Boffa bauxite reserves. The agreement formally recognises Guinea’s right to acquire additional equity in the venture at fair market value. Following this, Chalco Hong Kong aims to establish the Project Company in Guinea through its subsidiary, Chalco Energy Holdings, via a cash capital contribution. The proposed initial registered capital for it stands at GNF 600 million, equivalent to nearly USD 68,200...
Aluminium Corporation of China Limited shares fall 3.38% amid pressure on aluminium
Shares of Aluminium Corporation of China Limited slipped 3.38 per cent on Monday, May 11, closing at HKD 11.15 (USD 1.43) from HKD 11.54 (USD 1.48) on the Hong Kong Stock Exchange, amid broader weakness across the commodities sector. According to market data from StockInvest.us dated May 12, 2026, the stock moved within a volatile trading range during the session, even as the company continued to hold positive technical indicators from its moving averages. Known globally as Chalco, the Beijing-headquartered aluminium major remains one of the world’s largest integrated aluminium producers, with operations spanning bauxite mining, alumina refining, primary aluminium smelting and downstream processing. The company is listed on the Hong Kong Stock Exchange under 2600.HK and on the Shanghai...
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