Beijing issued an edict in April this year, ordering the closure of smelting plants that flouted industry and environment regulations, sending aluminium prices higher on expectation of tighter supply. Photo: Reuters

Chalco posts 11-fold jump in interim profit as Beijing gets tough to rid overcapacity

The company has posted its best first-half numbers in nine years

Topic |   Hong Kong company reporting season

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Beijing issued an edict in April this year, ordering the closure of smelting plants that flouted industry and environment regulations, sending aluminium prices higher on expectation of tighter supply. Photo: Reuters
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