Articles Tagged "chalco"

Analysts Predict Higher Prices for Aluminum

Analysts are in agreement at Harbor Intelligence’s Annual Aluminum Outlook Conference predicting stable to higher prices on the year. Also, Coca-Cola accuses Goldman Sachs of manipulating aluminum prices.

Chalco has predicted net loss in H1

Interfax-China declared that the Aluminum Corporation of China Co Ltd a subsidiary of the country’s leading aluminum and alumina producer Chinalco expects to incur a net loss for the H1 of 2009 although it did not provide an estimated figure range. For full story, click here

Chalco stock on aluminum demand outlook

Aluminum Corporation of China Limited led gains by aluminum producers in Chinese stock exchange trading on optimism demand for the metal will surge as the economy recovers. For full story, click here

Chalco increases alumina prices

Aluminum Corp of China Ltd increased its alumina prices by 4.5 percent from Wednesday as spot prices have surged 15 percent over the past week in China, the world’s top user of alumina, used for aluminium production. For full story, click here

Chinalco subsidiary Chalco profit jumps 99.9%

Chinalco’s listed subsidiary Chalco, China’s leading aluminum producer, has reported a 99.9-per cent jumped in net profit for 2008 – 10 times more than expected and warned that the first-quarter profit would plummet by almost 100 per cent due to the global economic meltdown. For full story, click here