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Chalco

JPMorgan expands stake in Chalco with $11.9m H-share acquisition
Primary AL
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 acquis ...
Why Chalco's Guangxi Huayin refinery remains central to its aluminium business
Alumina
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, h ...

Primary AL
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 ...
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