Falling aluminium prices send Chalco into the red

Aluminium prices dropped 6 per cent last year. Photo: Bloomberg

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.

Thursday, 28 March, 2013, 6:31am

Mainland sees slowing growth in iron ore demand as economic woes bite

Iron ore prices hit a low of US$86.70 a tonne on September 5. Photo: Reuters

BHP Billiton, the world's largest mining firm, says growth in the mainland's demand for iron ore has slowed by more than half, highlighting the economic slowdown in the world's biggest importer of the steel-making commodity.

10 Oct 2012 - 4:20pm

Earnings of United Co Rusal take a mauling

United Co Rusal, the world's largest aluminium producer, yesterday reported a 95.25 per cent plunge in net profit to US$37 million in the first half, largely because of a US$37 million net loss in the second quarter.

28 Aug 2012 - 3:38am

Mainland companies in quest for HK listing

Two companies, both from the mainland, have filed preliminary prospectuses with the Hong Kong stock exchange to raise funds despite the weak market sentiment.

In addition to mining iron and copper, Wanguo International Mining, processes ore and sells metal concentrates. It plans to raise up to HK$315 million, according people familiar with the matter.

26 Jun 2012 - 12:00am

Xi's call for unity misses HK's need for debates

'Xi (Jinping) said that when two brothers are of the same mind their sharpness can cut through metal. Xi called for better unity in Hong Kong to face future development problems.'

Tam Yiu-chung, chairman A little DAB'll do you Quoted in SCMP, March 5

6 Mar 2012 - 12:00am

precious petals

Earrings (above) by Piaget ( Below: Black and silver resin, metal and strass bracelet (HK$20,600) by Chanel

Poppy Pacific shoes (HK$9,990) by Yves Saint Laurent

Diamond bracelet by Dior (

Floral looks on the SS12 runway (from left) Dolce & Gabbana, Giambattista Valli, Mary Katrantzou Diane von Furstenberg and Blumarine

2 Mar 2012 - 12:00am

In your element

This year is the Year of the Metal Rabbit, which follows on from the Year of the Metal Tiger, 2010.

They are also known as the years of the golden tiger and golden rabbit.

So what determines the element of a year, i.e. whether a year is metal (golden) or, say, water?

13 Feb 2011 - 12:00am

Look at astrology as a guide only

You may have read that in 2011, those born in the years of the sheep, dog and pig will benefit in terms of career, while others born in the year of the rooster will have tough times ahead. But is this necessarily true?

5 Feb 2011 - 12:00am

Flash in the pan

Cooking a big batch of fried chicken for a party this year, I used two heavy black cast-iron pans from the same manufacturer, added the same amount of oil and set the pans over two burners set at the same heat. The chicken in one pan was pale and flaccid; in the other, it was crusty and deep golden brown.

28 Nov 2010 - 12:00am

Giant puppets ready for park parade

Entering its 10th year, the annual 'Standard Chartered Arts in the Park - Mardi Gras' will be held at Victoria Park this weekend.

One of Hong Kong's largest and most diverse outdoor art activities, the event will once again be highlighted by a parade of giant puppets. This year's theme is inspired by the five elements: earth, air, fire, metal and water.

11 Nov 2010 - 12:00am


G/F, 9 Star Street, Wan Chai Tel: 2529 0199

7 Oct 2010 - 12:00am

Green group calls for more recycling bins in public places

A green group has urged the government to provide more recycling bins after it found 60 per cent of people polled thought the current number inadequate.

Greeners Action also called for combined bins - with a container for rubbish and one for recycling - to be introduced.

6 Aug 2010 - 12:00am


Recyclers must obey the relevant laws

While we should recognise waste recyclers' important function in a city of rapid growth, the government should not pamper the industry with free rein to violate regulations and maximise profits without regard for externalities.

27 Jul 2010 - 12:00am

River of life

The He Tu, or River Diagram, is a sequence of numbers that is of significance in fung shui and astrological calculations. Unfortunately, although it is often mentioned in English fung shui books, there is rarely an elaboration on its practical significance; and as a result it is much misunderstood.

23 May 2010 - 12:00am

Show your true colours

Fung shui principles can be applied to the design and colour of business cards to boost success. Each type of work corresponds to one of the five elements in Chinese metaphysics - wood, fire, earth, metal and water.

22 May 2010 - 12:00am