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Aluminum Corp Of China To Nominate Liu Jianping, Jiang Tao And Ou Xiaowu As Candidates For Exec Directors
Aluminum Corp Of China Says Board Resolved To Nominate Liu Jianping And Ou Xiaowu As Candidates For Executive Directors
Chalco Nominates Three Board Director Candidates
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
Acting Chairman of the Board, Non-Executive Director
President, Executive Director
Chief Financial Officer, Secretary of the Board
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* Chalco Q1 profit 966.7 mln yuan vs 30.9 mln yuan yr earlier
China's copper imports this year will match or even better the unprecedented levels seen in 2020 on the back of economic growth and a post-coronavirus rebound in manufacturing, an executive from state-run metals group Chinalco said on Monday.
Chinese aluminium maker Chalco posted its lowest annual profit in four years in 2020 as more than $200 million in impairment charges mostly due to pandemic-hit customers struggling to pay for products outweighed a big rally in metal prices.
China's environment ministry on Monday criticised state-owned metals producer Chinalco for "lax" and "slow" implementation of anti-pollution measures and gave it 30 days to submit a rectification plan to the government.
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.
Aluminum Corp of China Ltd, known as Chalco, said on Thursday it would implement "flexible production", a phrase used to refer to output cuts, at three alumina production lines accounting for about 10% of its total capacity.
An executive from a shuttered smelting unit of state-run Aluminum Corp of China Ltd, or Chalco, has called for his province of Shanxi to take advantage of abundant bauxite resources and become a major aluminum production hub.
Aluminum Corp of China Ltd, known as Chalco, said on Thursday its chairman Lu Dongliang had resigned from his position, with former company president Ao Hong put in temporary charge.
Workers at the Toromocho copper mine in Peru, operated by Chinalco's Aluminum Corp, were given rapid tests for the novel coronavirus on Thursday after an employee at its processing facility tested positive, the company said.
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.
* ALUMINUM CORP OF CHINA LTD- QTRLY REVENUE RMB 39.67 BILLION VERSUS RMB 43.11 BILLION
Aluminum Corp of China, known as Chalco, will consider carrying out maintenance or even shuttering some aluminium production facilities as well as cutting alumina output because of current low prices, a company executive said on Friday.
* 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
Ge Honglin, the former chairman of state-owned Chinese aluminum firm Chinalco, has been named as the new head of the China Nonferrous Metals Industry Association, a newspaper affiliated with the association reported on Friday.
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