Aluminum Investing News » Chalco Says Falling Prices May Cause Cash-Flow Difficulties

Chalco Says Falling Prices May Cause Cash-Flow Difficulties

October 24, 2011 @ 11:13 pm In Aluminum Market News

Bloomberg reported that Aluminum Corp. of China Ltd., (SHA:601600) announced that few of its units will most likely face difficult cash-flow situations as prices continue to inch down.

As quoted in the market news:

Chalco advanced as much as 6.4 percent to HK$3.83 today in Hong Kong trading and was at HK$3.82 at the midday break, up 6.1 percent. The company will report third-quarter earnings after the market close tomorrow.

Click here to read the full Bloomberg report ^[1]

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[1] Click here to read the full Bloomberg report: http://www.businessweek.com/news/2011-10-24/chalco-says-falling-prices-may-cause-cash-flow-difficulties.html