- Business
- Aluminum Corporation of China Limited (Chalco) engages primarily in the production and sale of alumina, primary aluminum, and related products through its integrated operations spanning bauxite mining, refining, smelting, energy generation, trading, and engineering services. Established in 2001 and headquartered at No. 62 North Xizhimen Street, Haidian District, Beijing, China, the company operates five key segments: Alumina, which mines and refines bauxite into alumina, gallium, and multi-form alumina bauxite; Primary Aluminum, which smelts alumina into ingots, alloys, and carbon products; Energy, encompassing coal mining and power generation; Trading, dealing in alumina, primary aluminum, aluminum fabrication products, non-ferrous metals, coal, and logistics services; and Corporate and Other, providing research, development, and ancillary aluminum activities. Chalco manufactures and distributes fabricated aluminum products including plates, strips, foils, tubes, bars, profiles, forgings, die castings, aluminum-lithium alloys, and high-temperature alloys for sectors such as aviation, aerospace, transportation, packaging, electronics, construction, and power; it also produces copper and rare metal products through subsidiaries and joint ventures, with geographic operations centered in China across provinces like Yunnan, Shanxi, Shandong, Henan, and internationally in Peru's Toromocho copper mine and Guinea's Simandou iron ore project. As the principal commercial arm of parent company Aluminum Corporation of China (Chinalco), which holds a 35.78% controlling stake, Chalco serves industrial customers in construction, manufacturing, transportation, and non-ferrous metals globally. Recent developments include the commissioning of a 400,000-tonne-per-year green aluminum smelter in Yunnan Province in early 2024 powered entirely by hydropower to support decarbonization; a planned acquisition of slab ingot assets from Chinalco High-end Manufacturing; the announcement of its 2025 extraordinary general meeting to approve connected transactions with Chinalco covering logistics, production supplies, mineral supply, and financial services; establishment of a RMB 1.5 billion joint venture with China Aluminum Group and Yunnan Copper in October 2025 to expand into downstream rare metals and high-end materials; and Chinalco's planned investment of RMB 1,000 million to RMB 2,000 million to increase its shareholding in Chalco during 2025.