- CEO
- Wenjian He
- Full Time Employees
- 63,133
- Sector
- Basic Materials
- Industry
- Aluminum
- Address
- No. 62 North Xizhimen Street Beijing People's Republic of China 100082
- IPO Date
- May 31, 2006
- Business
- Aluminum Corporation of China Limited (Chalco) is a leading producer of alumina and primary aluminum, operating as the principal listed subsidiary of state-owned Aluminum Corporation of China (Chinalco); the company engages in bauxite mining, alumina refining, primary aluminum smelting, aluminum fabrication, energy generation, trading, and engineering services across China and international markets including Peru and Guinea. Founded in 2001 and headquartered at No. 62 North Xizhimen Street, Haidian District, Beijing, China, Chalco produces a comprehensive range of products encompassing alumina; primary aluminum ingots and alloys; fabricated aluminum items such as plates, strips, foils, tubes, bars, profiles, forgings, die castings, and aluminum-lithium alloys for sectors including aviation, transportation, packaging, electronics, and construction; carbon products; fabricated copper products; as well as rare metals and rare earth materials. Its operations span key segments of alumina refining from bauxite procurement; primary aluminum production via smelting with raw materials like alumina and power; energy activities in coal mining and power generation including hydropower; trading of non-ferrous metals and fuels; and corporate research initiatives, primarily serving domestic Chinese industries in construction, transport, and manufacturing while exporting globally.
Chalco maintains substantial production capacities exceeding 7 million tons of primary aluminum annually, around 10 million tons of alumina, and 20 million tons of bauxite processing, supported by facilities in provinces such as Yunnan, Shanxi, Shandong, and Henan. In early 2024, the company commissioned a 400,000-tonne-per-year green aluminum smelter in Yunnan Province powered entirely by hydropower, replacing coal-fired capacity as part of China's decarbonization efforts. Recent developments include a November 2025 extraordinary general meeting to approve connected transactions with parent Chinalco covering logistics, production supplies, mineral supply, social services, and financial services, reinforcing operational continuity; a November 2025 acquisition by subsidiary Yunnan Aluminum of equity stakes in Yun铝Yongxin, Yun铝Runxin, and Yun铝Hongxin to consolidate aluminum assets, boost profitability, and eliminate intra-group competition; and an October 2025 joint venture with Chinalco, Yunnan Copper, and partners in copper operations. Chalco also advances international projects such as the Toromocho copper mine in Peru targeting 250,000 tons annually plus byproducts and participation in Guinea's Simandou iron ore consortium with Rio Tinto for long-term resource security. The company, listed on the Shanghai (601600) and Hong Kong (2600) exchanges with OTC ticker ALMMF, trades as a blue-chip constituent and upholds a market capitalization around HK$180 billion amid analyst buy ratings.