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Aluminum Corp of China Ltd (2600.HK)

2600.HK on Hong Kong Stock

3.40HKD
17 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Chalco and Shandong unit win bid for technology firm for 515.5 mln yuan
Monday, 5 Dec 2016 04:15am EST 

Aluminum Corp Of China Ltd <601600.SS><2600.HK> :Says it and Shandong unit win bid for 66 percent stake in technology firm for 515.5 million yuan ($74.88 million).  Full Article

Sunresin New Materials files lawsuit against Aluminum Corp of China Ltd and Guizhou branch
Monday, 21 Nov 2016 04:03am EST 

Sunresin New Materials Co., Ltd, Xi'an<300487.SZ>: Says the co files lawsuit against Aluminum Corp of China Ltd <601600.SS> and its Guizhou-based branch regarding contract dispute . Says the co is claiming the Guizhou-based branch of Aluminum Corp of China Ltd dismantled the production line, which was built by the co under the contract, and suspended payment for the project .Says the co is requesting the cancellation of the contracts and seeking for about 40 million yuan as damage.  Full Article

Aluminum Corp of china says application made for listing of $500 mln capital securities
Monday, 7 Nov 2016 07:11am EST 

Aluminum Corp Of China Ltd <601600.SS> :application made to stock exchange of hong kong for listing of and permission to deal in usd500 million senior perpetual capital securities.  Full Article

Chalco cuts holdings in Jiaozuo Wanfang Aluminum Manufacturing to 1.1 pct
Tuesday, 27 Sep 2016 07:36am EDT 

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
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

China's aluminium producer Chalco returns to profit in Jan-Sept

HONG KONG, Oct 20 China's state-owned Aluminum Corporation of China Ltd (Chalco) swung back to profitability in the first nine months, buoyed by higher metal prices and continued cost-cutting efforts, the company said on Thursday.