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  • Jul 13, 2014
  • Updated: 6:57pm


Aluminum Corp of China considers building Indonesian plant

Aluminum Corp of China, the country's biggest producer, is seeking to tap bauxite resources and build processing plants abroad after Indonesia, the largest supplier to China, curbed exports.

Wednesday, 5 December, 2012, 3:12am

Chalco to cut production costs in bid to return to full-year profit

Aluminum Corp of China (Chalco) aims to deliver a full-year profit by cutting production costs by up to 5 per cent in the second half through improved energy efficiency and higher self-sufficiency.

'If aluminium prices do not experience any drastic falls, we should be profitable in the second half,' chief financial officer Chen Jihua said yesterday.

26 Aug 2010 - 12:00am

Chalco sees prospects for industry

Aluminum Corp of China (Chalco), the country's largest aluminium producer, said it remains confident about the medium to long-term prospects of the mainland industry despite an oversupply problem that may last for three years.

27 Aug 2009 - 12:00am

Chalco remains upbeat after profit plunge

Despite a 65 per cent decline in first-half profit and earnings downgrades by analysts, Aluminum Corp of China (Chalco) faces a brighter outlook next year as the industry consolidates, chairman Xiao Yaqing said.

8 Sep 2008 - 12:00am

Chalco increases alumina price by 10.5pc

Aluminum Corp of China (Chalco), the world's second-biggest producer of alumina, raised its spot alumina price by 10.5 per cent yesterday, the second increase in the past month, to reflect tightening supply and higher production costs.

19 Dec 2007 - 12:00am

Chalco expects price recovery as domestic output growth slows

Aluminum Corp of China (Chalco), the mainland's largest alumina and aluminium producer, said domestic prices should remain steady or edge up slightly in the second half after a decline in the first six months.

23 Aug 2007 - 12:00am

Bosai wins bidding for Guyana bauxite mines

Privately owned Bosai Minerals Group bid US$60 million to win an auction for bauxite mines in Guyana in South America, joining larger state-owned rivals in pushing past mainland borders to secure natural resources.

23 Jan 2007 - 12:00am

Chalco in talks on Australia venture

Aluminum Corp of China (Chalco) is in talks with international mining firms to co-invest in an A$3 billion ($17 billion) bauxite mining and refining project in Australia, chairman Xiao Yaqing said.

20 Mar 2006 - 12:00am

Competition fear triggers Chalco cost cuts

Aluminium Corp of China (Chalco) is aiming to cut per-tonne alumina production cost by about 22 per cent in three years, in a bid to counter growing price competition after China's entry to the World Trade Organisation.

22 Nov 2001 - 12:00am