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Aluminum Corp of China Ltd (601600.SS)

601600.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Aluminum Corp Of China Proposes Third-Party Investors For Capital Contribution To Subsidiaries
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::‍CO,CHALCO MINING AND INVESTORS ENTERED INTO CHALCO MINING DEBT CONVERSION AGREEMENTS​.ENTERED CHALCO SHANDONG INVESTMENT AGREEMENT, ZHONGZHOU ALUMINUM INVESTMENT AGREEMENST & BAOTOU ALUMINUM INVESTMENT AGREEMENTS.PURSUANT TO DEALS INVESTORS TO CONTRIBUTE CAPITAL TO CHALCO SHANDONG, ZHONGZHOU ALUMINUM, BAOTOU ALUMINUM & CHALCO MINING​.  Full Article

Aluminum Corp of China announces ‍disposal of 60 pct equity interest in Shandong Engineering​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::Announces ‍disposal of 60% equity interest in Shandong Engineering​.Co agreed to dispose and CHALIECO agreed to acquire 60% equity interest in Shandong Engineering for RMB360.4 million​.Gains expected from disposal of about RMB167.5 million.  Full Article

Ning Xia Yin Xing Energy adopts new accounting policy regarding subsidy
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Ning Xia Yin Xing Energy Co Ltd <000862.SZ> ::Says it adopted new accounting policy regarding subsidy, effective since June 12.  Full Article

Aluminum Corp of China's 9-mth profit up, to bring in investors for units
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Aluminum Corp of China Ltd <601600.SS>2600.HKACH.N:Says 9-month net profit up 990.9 percent y/y at 1.36 billion yuan ($205.00 million).Says it plans to sell 60 percent stake in Shandong-based engineering firm for 360.4 million yuan.Says it plans to bring in external investors to invest a combined up to 16 billion yuan in five units.  Full Article

Ning Xia Yin Xing Energy sees FY 2017 Q1~Q3 net loss to be 60 mln yuan to 75 mln yuan
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Ning Xia Yin Xing Energy Co Ltd <000862.SZ> ::Sees FY 2017 Q1~Q3 net loss to be 60 million yuan to 75 million yuan .Says the net loss of FY 2016 Q1~Q3 was 47.7 million yuan.  Full Article

Aluminum Corp of China's A-share trade remains suspended on talks related to asset acquisition
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>2600.HKACH.N:Says A-share trade remains suspended amid negotiation of asset acquisition via share issue.  Full Article

Aluminum Corp Of China announces change in accounting policy
Monday, 21 Aug 2017 

Aug 21(Reuters) - Aluminum Corp Of China Ltd <601600.SS>:Says it changes accounting policy based on accounting standards for business enterprises No. 16—government subsidies, which was disclosed by the Ministry of Finance on May 10.  Full Article

Chalco cuts holdings in Jiaozuo Wanfang Aluminum Manufacturing to 1.1 pct
Tuesday, 27 Sep 2016 

Jiaozuo Wanfang Aluminum Manufacturing <000612.SZ> : Says shareholder Aluminum Corporation of China (Chalco) has cut 16.6 million shares in the company between July 8 and September 27 .Says Chalco's holding in the company has reduced to 1.09 percent from 2.46 percent after transactions.  Full Article

Chalco, Guizhou government to invest 4 bln yuan in alumina JV
Tuesday, 30 Aug 2016 

China's non-ferrous metal industrial website www.cnmn.com.cn says: Guizhou government and Aluminum Corporation of China Ltd (Chalco) <601600.SS> signed an agreement on Aug. 26 to set up a joint venture to mine for bauxite and produce alumina . The total investment of the project is valued about 4 billion yuan ($599 million). . The project is expected to realize profits and taxes of nearly 200 million yuan annually. . The project will provide jobs for 2,500 people. . The website did not say how much alumina the joint venture would produce ($1 = 6.6775 Chinese yuan renminbi) (Reporting By Fang Cheng and Josephine Mason) ((fang.cheng@thomsonreuters.com;)).  Full Article

Aluminum Corp of China's H1 net profit jumps 3,623.1 pct y/y
Thursday, 25 Aug 2016 

Aluminum Corp Of China Ltd <601600.SS><2600.HK> :Says H1 net profit up 3,623.1 percent y/y at 57.4 million yuan ($8.62 million).  Full Article

CORRECTED-UPDATE 1-China's November copper imports jump by 42.3 pct month on month

BEIJING, Dec 8 China's unwrought copper imports rose by more than 40 percent in November from the previous month, in a sign that winter production restrictions at the world's top copper consuming country are driving up shipments of overseas metal.