Aluminum Corporation of China Limited

News and Blogs

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Hong Kong market falls sharply as investors dump resource shares; HSBC loses 2.2 percent

www.canadianbusiness.com | Aug 5, 2008

Hong Kong's stock market dropped sharply Tuesday as investors dumped shares in resource-related

http://www.canadianbusiness.com/markets/market_news/article.jsp?content=D92C3QE80

TFN NEWS BRIEFING: Mergers and acquisitions highlights to 09:20 GMT (AFX)

uk.biz.yahoo.com | Mar 3, 2008

Applied Intellectual says planning manufacturing facility at Methil, Scotland LONDON (Thomson Financial) - Applied Intellectual Capital PLC said it is planning a 945 square metre manufacturing facility at the Fife Energy Park in

http://uk.biz.yahoo.com/03032008/323/tfn-news-briefing-mergers-acquisitions-highlights-09-20-gmt.html

Those BHP mandates – credit crunch? What credit crunch?!

www.legalweekblogs.com | Feb 12, 2008

Oh, for a part in BHP Billiton’s battle for mining rival Rio Tinto Group. While the two Anglo-Australian mining giants keep a long line of legal advisers billing late into the night, stats on European M&A in January show just how gruesome a start the 2008 deals market is off to.

http://www.legalweekblogs.com/editorsblog/2008/02/those_bhp_mandates_credit_crun.html

Rio Tinto rejects $147.4 billion takeover bid

www.msnbc.msn.com | Feb 6, 2008

Rio Tinto rejected a sweetened formal offer from mining rival BHP Billiton on Wednesday, saying the all-share offer worth $147.4 billion still did not reflect the value of the company and its prospects for expansion.

http://www.msnbc.msn.com/id/23031049/

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DJ Chinalco 1H Profit CNY7 Bln; Revenue Over CNY70 Bln - Zibb.com

www.zibb.com

Aluminum Corp. of China, or Chinalco, said in a statement Wednesday its first-half profit totaled CNY7 billion (US$1.03 billion) and its revenue during the period topped CNY70 billion. The firm, China's largest aluminum and alumina producer, didn't give figures for the year-earlier period for

http://www.zibb.com/article/3683703/DJ+Chinalco+H+Profit+CNY+Bln+Revenue+Over+CNY+Bln

Bank of NY Depositary Receipts - Industry Profile

Copyright © 1999-2006 MarketWatch, Inc. All rights reserved. MarketWatch, Inc. Terms of Use. Intraday data is provided by Comstock, a division of Interactive Data Corp.

http://www.adrbny.com/dr_industry_profile.jsp?industry=IMT

Aluminum Corporation of China Limited information and related industry information from Hoover's

Aluminum Corporation of China Limited (Chalco) has masterminded its way into mixing alumina and aluminum. Chalco is the only maker of alumina -- which is refined from bauxite and a key material in producing aluminum -- in China.

http://www.hoovers.com/aluminum-corporation-of-china/--ID__115289--/freeuk-co-factsheet.xhtml

Alanat News » Alcoa, Chalco Buy Rio Tinto Stake

Alcoa Inc. and Aluminum Corp. of China jointly acquired 12 percent of the shares of global mining company Rio Tinto PLC in a deal believed to be worth $14.05 billion, the companies said Friday. It is the largest overseas investment ever by a Chinese company, Aluminum Corp.

http://www.alanat.com/business/alcoa-chalco-buy-rio-tinto-stake/

News from Zibb.com

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Aluminum Corporation of China (ACH) NewsBite - ACH Rises on Higher Aluminum Prices - Zibb.com

Aug 27, 2008 (Fresh Brewed Media via COMTEX) --

Aluminum Corporation of China (NYSE: ACH) opened at $23.22. So far today, the stock has hit a low of $22.92 and a high of $23.80. ACH is now trading at $23.50, up $1.24 (5.57%). The stock hit its 52-Week high of $90.95 in October and set its 52-Week low of $19.60 in August. Aluminum Corp. of China shares have been rallying today following higher aluminum prices. Technical indicators for the stock are neutral and S&P gives ACH a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ACH the stock seems like it could be a candidate for a September out-of-the-money bull-put credit spread below the 20 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: nyse   prices   S&P  

Companies: Aluminum Corporation of China Ltd. (ACH)

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Aluminum Corporation of China to Build Copper Plate Factory in Yunnan Province, an Industrial Info

BEIJING, Aug 26, 2008 (MARKET WIRE via COMTEX) --

Researched by Industrial Info Resources (Sugar Land, Texas) -- The Aluminum Corporation of China Limited (NYSE:ACH) (Chalco) (Beijing) has laid the foundation of a copper processing factory in southern Yunnan Province. Xiao Yaqing, General Manager of Chalco, hosted the ceremony on August 19 in the Qidian Industrial Park in the city of Kunming, the capital of Yunnan. The factory is designed to produce 100,000 tons of copper strips and sheets and 200,000 tons of copper rods annually and will cost Chalco around $289.9 million ($1 = 6.9RMB). Chalco did not give an expected completion date.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=137575, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

Related News Articles

NDRC Approves Two Large Alumina Projects in Yunnan and Henan

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Chalco Subsidiary Aims to Complete 900,000-Ton Expansion Project by August 

Contact:
Joe Govreau
713-783-5147

SOURCE: Industrial Info Resources 

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Tags: beijing   china   copper   energy   expansion   industrial   marketing   multimedia   nyse   plant   products   saudi arabia   sugar   texas   
Companies: Aluminum Corporation of China Ltd. (ACH)

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STOCK ALERT - Resource stocks tumble in HK after big drop in commodity prices - Zibb.com
HONG KONG, Aug 05, 2008  (XFN-ASIA via COMTEX) --

Resource stocks were sharply lower after a general drop
in commodity prices overnight.

At 11:12, Angang Steel was down 1.10 hkd or 7.50 pct at 13.56, Aluminum Corp of
China (Chalco) was down 0.39 hkd or 5.26 pct at 7.02, and Jiangxi Copper was
down 0.66 hkd or 4.84 pct at 12.98.

Among gold producers, Zijin Mining was down 0.49 hkd or 8.14 pct at 5.53,
Zhaojin Mining was down 0.55 hkd or 6.29 pct at 8.20 and Lingbao Gold was down
0.14 hkd or 5.22 pct at 2.54.

Commodities fell sharply overnight as another big drop in crude prices prompted
traders to sell down other commodities such as copper and other hard assets.

Crude oil prices retreated on fears that energy demand will shrink as the
global economy slows.

In Asian trade this morning, New York's main contract, light sweet crude for
September delivery, fell another 1.07 usd to 120.34 a barrel. It fell 3.69 usd
to settle at 121.41 in New York floor trading last night.

( 1 usd = 7.8 hkd)

george.ng@xfn.com

MMMM

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Tags: commodity   contract   copper   crude oil   economy   energy   gold   mining   new_york   prices   steel   
Companies: Aluminum Corporation of China Ltd. (ACH)

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STOCK ALER - Chalco, cement firms lower in Hong Kong on Goldman Sachs downgrades - Zibb.com
HONG KONG, Jul 22, 2008  (XFN-ASIA via COMTEX) --

Aluminum Corp of China Ltd (Chalco) was lower in Hong
Kong after Goldman Sachs downgraded it to "neutral" from "buy".

At late morning, Chalco shares were down 0.24 hkd or 2.76 pct at 8.45.

Goldman Sachs also cut its target price on Chalco to 11 hkd from 17 hkd. It
cited cost pressures and the aluminum sector's poor profitability.

The brokerage downgraded cement companies Anhui Conch and China National
Building Material to "sell" from "neutral".

It reduced Anhui Conch's target price to 43 hkd from 48, and cut China National
Building Material's target to 14 hkd from 22.

"We see earnings risks for cement, zinc and gold due to upstream coal, power
and labor cost pressures with demand profiles deteriorating," the brokerage
said.

China National Building Material was off 0.54 hkd or 3.52 pct at 14.8, and
Anhui Conch was down 1.4 hkd or 3.05 pct at 44.45.

(1 usd = 7.8 hkd)

roby.lau@xfn.com

MMMM

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Tags: china   coal   earnings   gold   hong kong   labor   zinc   
Companies: Aluminum Corporation of China Ltd. (ACH)

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