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Results 1 - 3 of 3 for chinalco

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  1. Chinalco worst performer among state firms with 7.25b yuan loss

    Posted Aug 24th 2010, 12:00am by Eric Ng

    ... Eric Ng Chinalco, the parent of listed Aluminum Corp of China (Chalco), has been named the weakest-performing of 108 state-owned enterprises last year, although Chalco yesterday posted a profit for the first half of this year. Chinalco recorded a loss of 7.25 billion yuan (HK$8.29 billion) last year, ranking it below Sichuan province-based steel-maker Pangang Group's 1.64 ...

  2. Chalco makes first alumina spot price increase in seven months

    Posted Jan 20th 2009, 12:00am by Carol Chan

    ... million yuan, she said. Chalco's state-owned parent, Chinalco, an integrated nonferrous metal producer, also saw its profit decline following weakening demand and lower prices for aluminium and other nonferrous metals. Chinalco reported a profit of 2 billion yuan for last year, compared with more than 20 billion yuan in 2006 and 2007, falling short of targets set by the State-owned ...

  3. Record suggests mining stakes will face pitfalls

    Posted Feb 13th 2009, 12:00am by Tom Holland

    ... with Tom Holland You have to admire such dogged persistence. Yesterday Aluminum Corp of China (Chinalco), China's largest aluminium producer, agreed to buy up to 18 per cent ... mainland companies remain keen to buy up overseas assets, even though the performance of past acquisitions can hardly be described as successful. Chinalco's investment in Rio comes just a year ...



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