Furnace shutdown a threat to Angang output

Angang Steel, the listed unit of one of the mainland's largest steel producers, may see its output fall for the first time in at least 11 years after one of its 10 blast furnaces was shut down due to safety issues.

Friday, 1 April, 2011, 12:00am

Billet Express back to his old self

It's been more than a year since Billet Express upset Scintillation in the Chairman's Sprint Prize but like so many members of the rampaging John Moore yard, the speedster looks like he's back on song.

9 May 2007 - 12:00am

Chalco takes domestic M&A path

Aluminum Corp of China (Chalco), the world's second-largest maker of alumina and the country's biggest aluminium smelter, will focus on developing overseas bauxite resources and launching merger and acquisitions domestically after today's A-share listing.

30 Apr 2007 - 12:00am

Chalco allocates 16b yuan to expand capacity, buy parent's assets

Aluminium giant to acquire more smelters after completing its share sale on the Shanghai exchange

13 Mar 2007 - 12:00am

Chalco in 5b yuan bond issue to fund growth

Alumina producer says third debt deal in 3 years provides cheaper financing

Aluminum Corp of China (Chalco), the world's second-largest alumina producer, plans to raise as much as five billion yuan by selling long-term corporate bonds to fund its aluminum refining and smelting capacity expansion.

13 Feb 2007 - 12:00am

Chalco raises spot alumina prices 50pc

Timing and magnitude of increase surprise market but rebound unlikely to be sustained in face of ample supply

Aluminum Corp of China (Chalco), the world's second-largest alumina producer, yesterday raised its spot alumina prices 50 per cent, the sharpest increase since the company went public.

2 Feb 2007 - 12:00am

Guangnan and Posco in US$60m joint venture

Guangnan (Holdings), China's third-largest tinplate maker by production capacity, yesterday said it would set up a US$60 million tinplate joint venture with South Korean steel giant Posco to more than double its output capacity.

10 Jan 2007 - 12:00am

Chalco marks 60b yuan for capacity expansion

Aluminium firm targets acquisitions, new plants to lift output over four years

Aluminum Corp of China (Chalco), the world's second-largest alumina producer, plans to invest 60 billion yuan between this year and 2010 to expand production capacity order bolster earnings in the face of sliding prices for its products.

25 Aug 2006 - 12:00am

Chalco pays 412m yuan for rival stake

Aluminum Corp of China (Chalco) has agreed to buy a 55 per cent stake in a rival aluminium smelter for 412 million yuan, its latest effort to consolidate a fragmented industry that has been suffering from overcapacity and low profitability.

15 Jul 2006 - 12:00am

Valley specialist deserves top billing

They may be separated by 18 pounds in the handicap but punters think there's no more than a dollar coin between Billet Express and bottomweight Tiger Ridge in tonight's Class Two handicap over 1,000 metres at Happy Valley (race two).

6 Apr 2005 - 12:00am

Nations steel themselves for China's needs

STEEL IS ONE industry where China's breakneck economic growth has already sent ripples across the world.

3 Jan 2004 - 12:00am

Chalco continues 4.1b yuan expansion

Updated at 6.58pm:

Aluminum Corporation of China (Chalco), the world's third-largest aluminium smelter, is pressing ahead with its 4.17 billion yuan (US$506 million) expansion plan despite problem of over supply in global market.

15 Apr 2002 - 12:00am