Chalco

Aluminum Corporation of China Ltd (Chalco) is China’s largest alumina and primary aluminum producer and the world’s second largest alumina producer.

RUSAL in Q1 profit slide, but beats forecasts

14 May 2013

Russia’s United Company RUSAL, the world’s largest aluminium producer, posted a 45 per cent drop in first-quarter recurring net profit due to lower aluminium prices but the result beat forecasts...

10:44AM

Falling aluminium prices send Chalco into the red

28 Mar 2013

Aluminum Corporation of China (Chalco) posted its worst results since going public in 2001, chalking up a net loss of 8.23 billion yuan (HK$10.18 billion) for last year.

6:31AM

HSI adds Lenovo, dumps Chalco

7 Feb 2013

Hong Kong's benchmark Hang Seng Index will no longer include the loss-making state-owned enterprise Aluminum Corp of China, also known as Chalco, but will add computer manufacturer Lenovo, Hang...

5:16AM

Chalco expects to post loss of 4.8b yuan for last year

30 Jan 2013

While the pickup in the mainland's economy would see higher demand and product prices this year, analysts expect the firm to remain in the red, although the loss would be narrower.

4:40AM

Chalco to build Indonesian alumina plant

4 Dec 2012

Aluminium Corp. of China Ltd., 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...

12:33PM

Mongolia’s white-hot growth slows on China woes

10 Oct 2012

Mongolia’s white-hot economic growth has cooled this year as the ripple effects of the global economic downturn -- and especially slowing Chinese growth -- start to hit home.

12:31PM

Opinion

Worrying economic parallels between China and India

4:13PM

Howard Winn

Elsie Leung caught up in Rusal's byzantine politics

3:35AM

Market Open:Hong Kong stocks seen higher on easing hopes after disappointing China PMI

Hong Kong stocks may open higher after a two-day National Holiday break on speculation that more easing measures could be in the pipeline to revive growth

9:57AM

Business Digest

Haitong Securities profit falls to 2b yuan

5:05AM

Chalco expects return to profit in first quarter

Aluminum Corp of China (Chalco), the mainland's largest producer of the metal, has told the Hong Kong stock exchange it expects to announce a profit for the first quarter after recording a loss...

6:37AM

Chalco earnings dive 92pc as expenses surge

Aluminum Corp of China (Chalco), the country's largest producer of the metal, said higher prices of raw materials, energy and fuel knocked 92 per cent off net profit in the three months to...

5:18AM

Chalco to bid for 4.2b yuan parent assets

Aluminum Corp of China (Chalco), the mainland's biggest producer of the metal, will bid for 4.18 billion yuan worth of assets from its state-owned parent company to diversify into downstream...

8:38PM

Bold Chinalco in powerful position

Speaking to reporters yesterday in Sydney, Chinalco boss Xiao Yaqing explained that his purchase of US$13 billion worth of shares in international mining giant Rio Tinto was driven solely by...

6:46PM