Aluminum Corporation of China Limited operates as a vertically integrated aluminum producer with operations in bauxite and coal mining, alumina refining, and primary aluminum smelting. The company operates as a subsidiary of Aluminum Corporation of China. The company also produces ancillary products and services derived from or related to its aluminum operations. In addition, the company engages in trading of alumina, primary aluminum, aluminum fabrication products, other non-ferrous metal products, coal products, and raw and ancillary materials in bulk domestically and internationally. The company refines bauxite into alumina, which is then smelted into primary aluminum. In addition to alumina and primary aluminum, it produces and sells various alumina chemical products (alumina hydrate and alumina-based industrial chemical products), carbon products (carbon anodes and cathodes), and gallium. The company also engages in coal mining and power generation. Segments The company’s segments include Alumina, Primary Aluminum, Trading, and Energy. Alumina This segment includes the mining and purchasing of bauxite and other raw materials; and production and sale of alumina, as well as alumina-related products, such as alumina hydrate, alumina-based chemical products and gallium. Alumina chemical products are used in the production of chemical, pharmaceutical, ceramic and construction materials. In the process of refining bauxite into alumina, the company also produces gallium as a by-product. Gallium is a rare metal with applications in the electronics and telecommunication industries. Primary Aluminum This segment includes the procurement of alumina, other raw materials, supplemental materials and electricity power; and the production and sale of primary aluminum and aluminum-related products, such as carbon products, aluminum alloy products, and other electrolytic aluminum products. The company’s principal primary aluminum products are ingots and molten aluminum. Its standard 20 kilogram remelt ingots are used for general aluminum fabrication in the construction, electricity, electronics, transportation, packaging, machinery and durable goods industries. The company internally produces all the carbon products used at its smelters and sells its remaining carbon products to external customers. Trading This segment primarily engages in the trading of alumina, primary aluminum, other non-ferrous metal products, and crude fuels, such as coal products, as well as supplemental materials to the company’s internal manufacturing plants and external customers. Energy This segment includes coal mining and power generation, including conventional coal-fire power generation and renewable energy generation, such as wind power and photovoltaic power. Sales and Marketing The company coordinates all of its sales and marketing activities of its self-produced alumina products and some of its sales and marketing activities of its self-produced primary aluminum products through the company’s wholly owned subsidiary, China Aluminum International Trading Co., Ltd. (Chalco Trading). The company’s subsidiaries and branches sell some of its self-produced primary aluminum products directly to external customers. The company’s alumina refineries sell its self-produced alumina chemical products directly to external customers or indirectly through Chalco Trading for subsequent external trading. Research and Development In 2014, the company completed 58 technological projects, including 40 independent research and development projects, 13 special projects of key science and technology, and 5 application projects of science and technology. Intellectual Property As of December 31, 2014, the company owned 1,683 patents, which were primarily related to technologies and process, equipment and new products. Once registered, a patent in the People's Republic of China (China or PRC) for an invention is valid for 20 years and for a utility model or a design, 10 years from the date of the patent application. As of December 31, 2014, the company owned 29 trademarks, each of which had a term of 10 years. Regulation The company is principally subject to governmental supervision and regulation by three agencies of the PRC government, such as the China National Development and Reform Commission, which sets and implements the major policies concerning China's economic and social development, approves investments exceeding certain amounts, and coordinates and improves the reform of the economic system; the Ministry of Land and Resources of China, which has the authority to grant land use licenses and mining right permits; and the Ministry of Industry and Information Technology of the PRC, which formulates industrial policies and investment guidelines for all industries, including the aluminum industry. History Aluminum Corporation of China Limited was founded in 2001. The company was incorporated as a joint stock limited company under the Company Law of the PRC in 2001.
aluminum corp of china ltd-h
No. 62 North Xizhimen Street
Phone: 86 10 8229 8560
|Alcoa Inc||$12.61 USD||-0.01|
|Norsk Hydro ASA||37.87 NOK||+0.30|
|United Co RUSAL PLC||$4.20 HKD||-0.03|
|Vedanta Ltd||188.30 INR||-6.45|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
Sponsored Financial Commentaries
To contact ALUMINUM CORP OF CHINA LTD-H, please visit www.chalco.com.cn. Company data is provided by Capital IQ. Please use this form to report any data issues.