Aluminum Corp of China Ltd (601600.SS)
20 Jun 2018
Mon, May 28 2018
BEIJING China's state-owned Chinalco is set to close the gap on privately run China Hongqiao Group, the world's top aluminum producer, after sealing a deal with the Yunnan government that gives it access to more smelting capacity.
LONDON Consumption of aluminum in China, the world's top user, will increase by 7-9 percent this year and next, an executive at Aluminum Corp of China Ltd (Chalco) said on Tuesday.
BEIJING China's aluminum production rebounded in December to its highest since June, reversing five months of declines, as state-owned Chinalco launched new capacity even as Beijing curbed its private rivals, lifting 2017 output to a record.
BEIJING, Jan 11 Aluminum Corp of China Ltd said on Thursday it would buy back stakes in four subsidiaries barely one month after selling them to a group of outside investors for a combined 12.6 billion yuan ($1.94 billion).