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Aluminum Corp of China Ltd (2600.HK)

2600.HK on Hong Kong Stock

2.80HKD
28 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Chalco, Guizhou government to invest 4 bln yuan in alumina JV
Monday, 29 Aug 2016 11:28pm EDT 

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 07:57am EDT 

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

Chalco buys 60 pct stake in Chinalco's Shanghai unit for 2.1 bln yuan
Monday, 8 Aug 2016 07:00am EDT 

Aluminum Corp Of China Ltd <601600.SS><2600.HK> :Says it buys 60 percent stake in Chinalco's Shanghai unit for 2.1 billion yuan ($315.27 million).  Full Article

Chalco sells assets in five firms for 1.75 bln yuan
Wednesday, 29 Jun 2016 07:21am EDT 

Aluminum Corp Of China Ltd <601600.SS><2600.HK> :Says it signs agreement to sell assets in five firms for 1.75 billion yuan ($263.40 million).  Full Article

CHALCO announces acquisition of assets of Shanxi Aluminum plant<2600.HK><601600.SS>
Tuesday, 28 Jun 2016 10:54am EDT 

CHALCO <601600.SS>: Connected transaction - acquisition of assets of Shanxi Aluminum plant <2600.HK> . Says Shanxi branch of the company entered into an assets transfer agreement with Shanxi Aluminum plant . Transfer consideration is approximately RMB43.06 million . Pursuant to the assets transfer agreement, Shanxi branch proposes to acquire the assets to be acquired from Shanxi Aluminum plant .  Full Article

CHALCO announces joint operation of Maochang mine with Chinalco<601600.SS>
Tuesday, 28 Jun 2016 10:49am EDT 

CHALCO <601600.SS>: Connected transactions - joint operation of Maochang mine with Chinalco and acquisition of certain income sharing rights of Maochang mine <2600.HK> . Says the company entered into a cooperative exploration agreement with Chinalco . Pursuant to deal co will jointly operate Maochang mine with Chinalco and hold 58.15% of the income sharing rights thereof . Deal for the consideration is RMB349.95 million .  Full Article

CHALCO enters gold leasing agreements with BOCOM<601600.SS>
Monday, 6 Jun 2016 07:22pm EDT 

CHALCO <601600.SS>: Discloseable transaction gold leasing financing . On 6 June co entered into one gold leasing operational agreement, four gold leasing agreements and one general hedging agreement with BOCOM .  Full Article

Beijing SPC Environment, Chalco plan environmental protection JV
Tuesday, 31 May 2016 07:53am EDT 

Beijing SPC Environment Protection Tech <002573.SZ> :Says it plans to set up environmental protection JV with Chalco <601600.SS><2600.HK> with registered capital at 550 million yuan ($83.62 million).  Full Article

Aluminum Corp of China to transfer environmental assets
Monday, 30 May 2016 11:40pm EDT 

Aluminum Corp of China Ltd <601600.SS>: Says it will transfer environmental assets .Says transaction price will no less than valued price of 1.76 billion yuan.  Full Article

Aluminum Corp of China announces no dividend payment for 2015
Thursday, 17 Mar 2016 08:00pm EDT 

Aluminum Corp of China Ltd:To pay no dividend to shareholders for 2015.  Full Article

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Aluminium producer Chalco's first one net profit up sharply on price recovery

SINGAPORE Aluminum Corporation of China Ltd (Chalco) posted a sharp rise in profit in the first half of the year due to a general recovery in aluminum prices, the company said on Thursday.