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Results 1 - 3 of 3 for chinalco

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  1. Steelmakers weigh staff, pay and output cuts

    Posted Nov 22nd 2008, 12:00am by Carol Chan

    ... in response to a report that its state-owned parent Chinalco had laid off more than 5,000 temporary staff amid weak market conditions. 'All of them are temporary workers and do not have any employment contracts with Chinalco. You cannot say it is a layoff,' Ms Liu said, adding that Chalco did not have temporary workers or any plans to axe staff. Xinhua Finance News reported ...

    http://www.scmp.com/article/661025/steelmakers-weigh-staff-pay-and-output-cuts
  2. 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 ...

    http://www.scmp.com/article/669726/record-suggests-mining-stakes-will-face-pitfalls
  3. Meltdown to test mettle of state asset managers

    Posted Nov 22nd 2008, 12:00am by Shirley Yam

    ... a 1 billion yuan injection from the state. Yesterday, Aluminum Corporation of China (Chinalco) said it would lay off more than 5,500 temporary workers and cut its capital expenditure. China Petroleum ... beyond imagination. However, when one looks at the account books, management has little excuse. Take Chalco, Chinalco's listed entity, as an example. While turnover had fallen 5 per cent ...

    http://www.scmp.com/article/661016/meltdown-test-mettle-state-asset-managers

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