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Aluminum Corp Of China Announces New Labor & Engineering Services Framework Agreement
Aluminum Corp Of China's 9-Month Net Profit Down 44.3% Y/Y
Aluminum Corp Of China Says Appointed Zhu Runzhou As President
Aluminum Corporation of China Limited (Chalco) is an aluminum producer with operations in bauxite and coal mining, alumina refining and primary aluminum smelting. The Company operates through alumina segment, including the mining and purchasing of bauxite and other raw materials, and production and sale of alumina, as well as alumina-related products; primary aluminum segment includes the procurement of alumina, other raw materials, supplemental materials and electricity power, the production and sale of primary aluminum and aluminum-related products; trading segment is engaged in the trading of alumina, primary aluminum, other non-ferrous metal products, and crude fuels; energy segment includes coal mining and power generation, including conventional coal-fire power generation and renewable energy generation, such as wind power and photovoltaic power, and corporate and other operating segment includes corporate and other aluminum-related research, development, and other activities.
Xizhimen North Avenue, Haidian District
Chairman of the Board, Executive Director
President, Executive Director
Chief Financial Officer, Secretary of the Board
Senior Vice President, Executive Director
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Aluminum Corp of China Ltd , or Chalco, said on Tuesday it would sell a 135,000 tonnes annual aluminium smelting capacity quota to Yunnan Aluminium, continuing the sector's migration to China's hydropower-rich southwest.
A rare earth subsidiary of state-run Aluminium Corp of China (Chinalco) in Guangxi has repeatedly violated pollution rules and contaminated land, the environment ministry said.
A rare earth subsidiary of state-run Aluminium Corp of China (Chinalco) in the southwestern region of Guangxi has repeatedly violated pollution rules and contaminated nearby land, the environment ministry said following an inspection of the firm.
* Chalco H1 net profit down 95% y/y; Q2 result worst since 2018
China's environment ministry is sending inspection teams to Aluminum Corp of China (Chinalco), the National Energy Administration, as well as other state-run entities and three Chinese regions, in its latest round of environmental audits.
* Move follows report of an accident at Shanxi plant (Adds background)
Aluminum Corp of China Ltd <601600.SS> <2600.HK>, known as Chalco, said on Tuesday its net profit crashed by 93.1% year-on-year in the first quarter as the coronavirus outbreak hammered the company's sales.
* Shanghai aluminium prices hit more than 4-year low on Thursday
* Chalco 2019 aluminium output 3.79 mln T vs 4.17 mln T in 2018
Aluminum Corp of China Ltd , known as Chalco, said on Thursday net income rose 2.4% year-on-year in 2019 thanks to higher trading volumes, even as production fell and the company barely eked out a profit in the fourth quarter.
* Shanghai aluminium sinks to 4-year trough below 12,000 yuan/T
Aluminum Corp of China Ltd posted a sharp fall in both aluminium output and sales in the third quarter, data released on Wednesday showed, after the company earlier reported a slump in quarterly profit.
Chinese aluminum giant Chalco's <601600.SS> <2600.HK> production of the metal fell more than 8% in first-half 2019 from the same period a year earlier, data showed on Wednesday, highlighting the impact of low prices on Chinese smelters.
* Jan-June net profit down 14.1% y/y at 705.8 mln yuan - statement
* Company posts Q1 net income of 444.9 mln yuan, up 46 pct y/y
Aluminum Corp of China Ltd , known as Chalco, said on Monday its profits rose 46 percent year-on-year in the first quarter as aluminium prices stabilised and asset disposals swelled its bottom line.
* Output rise comes despite capacity closures, price slump (Adds comments, Chalco's results)
Aluminum Corp of China Ltd, known as Chalco, posted its first quarterly loss in more than three years on Thursday and said annual net profits fell last year due to low aluminium prices and slack domestic demand.
Aluminum Corp of China Ltd , known as Chalco, said on Thursday its chairman Yu Dehui had resigned and been replaced by the company's president, Lu Dongliang.
Aluminum Corp of China Ltd , known as Chalco, said on Wednesday it had proposed selling 190,000 tonnes of annual aluminium smelting capacity to a Yunnan-based unit of its parent, Chinalco, for 950 million yuan ($141 million).
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