July 23, 2017 4:02 AM ET

Metals and Mining

Company Overview of Aluminum Corporation of China

Company Overview

Aluminum Corporation of China is engaged in the mineral resources development, nonferrous metals smelting and processing, related trading, and engineering and technical services. It offers alumina for producing aluminum ingots, corundum, ceramic, and refractory materials; remelted aluminum ingots for construction, electricity, packaging, transportation, and daily consumption product sectors; and carbon products, including carbon anode block, anode pastes, semi-graphitic cathode carbon blocks, and semi-graphitic cathode pastes for electrolytic aluminum and other metallurgical industries. The company also provides fabricated aluminum products, such as aluminum plates, strips, foils, tubes, bar...

No. 62 North Xizhimen Street

Haidian District

Beijing,  100082

China

Founded in 2001

122,203 Employees

Phone:

86 10 8229 8080

Fax:

86 10 8229 8081

Key Executives for Aluminum Corporation of China

President & Executive Director
Age: 54
Vice Director of Finance Department and Supervisor
Age: 59
Senior Vice President, General Manager of Zhongzhou Branch and Executive Director
Age: 54
Vice President and Secretary of the Board of Directors
Age: 53
Vice President and Executive Director
Age: 54
Compensation as of Fiscal Year 2017.

Aluminum Corporation of China Key Developments

Aluminum Corporation Of China Proposes Acquisition Of Chinalco Shanxi Jiaokou Xinghua

Aluminum Corporation Of China Limited (SEHK:2600) was advised that Aluminum Corporation of China (“Chinalco”), the controlling shareholder of the company, proposed to transfer the 66% equity interests in Chinalco Shanxi Jiaokou Xinghua Technology Co., Ltd. (“Xinghua Technology”) which are jointly held by Shandong Aluminum Industry Co., Limited (“Shandong Aluminum”) and Shanxi Aluminum Industry Co., Limited (both being wholly-owned subsidiaries of Chinalco) on the China Beijing Equity Exchange by way of public tender. On November 3, 2016, the proposed participation in the bidding for 66% equity interests in Xinghua Technology by the Company and Chalco Shandong Co., Ltd. (“Chalco Shandong”, the wholly-owned subsidiary of the company) (the “Proposed Acquisition”) was considered and approved at the fourth meeting of the sixth session of the board of directors (the “Board”) of the company. If such bid is won, Xinghua Technology will be held as to 33% and 33% by the company and Chalco Shandong respectively. As the transaction will be conducted by way of bidding through the equity exchange, it is uncertain whether the company will win the bid.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 23, 2017
Chinalco (Shanghai) Co., Ltd.
Merger/Acquisition
August 8, 2016
Chinalco (Shanghai) Co., Ltd.
 

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