Aluminum Corporation of China Limited produces alumina and primary aluminum in China. The company refines bauxite into alumina, which is then smelted into primary aluminum. In addition to alumina and primary aluminum, the company also produces and sells a relatively small amount of alumina chemical products (alumina hydrate and alumina-based industrial chemical products), carbon products (carbon anodes and cathodes) and gallium. The company is also engaged in the trading of alumina, primary aluminum, aluminum fabrication products, other non-ferrous metal products, coal products and raw and ancillary materials in bulk both manufactured by the company and sourced from external suppliers domestically and abroad. In addition, the company is engaged in coal mining and power generation. Segments The company organizes and manages its operations in five business segments: Alumina segment, Primary Aluminum segment, Trading segment, and Energy segment. The Alumina 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 produces a small amount of gallium as a by-product. Gallium is a rare, high value metal with applications in the electronics and telecommunication industries. The Primary Aluminum segment includes the production and sale of primary aluminum and aluminum-related products, such as carbon products. The company’s principal primary aluminum products are ingots and molten aluminum. The company’s standard 20 kilogram remelt ingots are used for general aluminum fabrication in the construction, power generation, automobile, packaging, machinery and durable goods industries. The company internally produces substantially all the carbon products used at its smelters and sells its remaining carbon products to external customers. The Trading segment includes sales of alumina, primary aluminum, aluminum fabrication products, other non-ferrous metal products, coal products and raw and ancillary materials in bulk both manufactured by the company and sourced from external suppliers domestically and abroad. The Energy 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’s sales and marketing activities of its self-produced primary aluminum products, through 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. Patents As of December 31, 2013, the company owned 1,464 patents, which were primarily related to technologies and know-how, equipment and new products. As of December 31, 2013, the company owned 36 trademarks, each of which had a term of 10 years. Regulations The company is principally subject to governmental supervision and regulation by three agencies of the PRC government: 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, 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, which formulates industrial policies and investment guidelines for all industries including the aluminum industry. History Aluminum Corporation of China Limited was incorporated in 2001 under the Company Law of the PRC.
aluminum corp of china ltd-h
No. 62 North Xizhimen Street
Phone: 86 10 8229 8560
|Alcoa Inc||$12.94 USD||-0.06|
|Norsk Hydro ASA||36.29 NOK||-0.40|
|United Co RUSAL PLC||$4.43 HKD||-0.08|
|Vedanta Ltd||206.20 INR||-2.80|
|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.