Aluminum Corporation of China Limited (Chalco) history, company profile (overview) and corporate video
Aluminum Corporation of China Limited (中国铝业股份有限公司), known as ”Chalco”, is a Chinese multinational aluminum company headquartered in Beijing, China. It is a holding subsidiary of Aluminum Corporation of China.
Its business covers mineral resources exploration, alumina, aluminum, aluminum alloy, carbon anode, coal production, high-tech promotion and application, international trade, materials supply, logistics, energy and power, and others.
The controlling shareholder of the company was Aluminum Corporation of China (中国铝业公司), known as ”Chinalco”, a state-owned enterprise. Aluminum Corporation of China (Chinalco) is a state-owned holding company established to be the primary aluminum producer in China in 2001.
Aluminum Corporation of China Limited (Chalco) was listed on the Hong Kong Stock Exchange and New York Stock Exchange in December 2001.
In 2007, the company was listed on the Shanghai Stock Exchange.
In 2011, China Aluminum Corporation and Rio Tinto created a joint venture in order to explore deposits in China.
Over the years, the company has provided aluminum profiles for China’s construction, transportation and national defense industries to develop China’s first man-made satellite, its first nuclear reactor and a nuclear submarine, Long March rockets, Shenzhou spacecraft, Chang’e lunar probes, commercial airplanes, aircraft carriers, and high-speed trains.
With more than 68,000 employees and over 35 subsidiaries, Aluminum Corporation of China Limited (Chalco) is considered one of the world’s largest producers and suppliers of alumina, aluminum, fine alumina, high-purity aluminum, and aluminum anodes. According to Forbes, it is considered one of the Largest Public Companies in The World.
*Information from Forbes.com, Wikipedia.org, and www.chalco.com.cn/en/.
**Video published on YouTube by “Why Invest In“.