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. 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.
HISTORY
Aluminum Corporation of China (Chalco) is part of the Chinalco Group, along with five other listed companies, including Yunnan Copper, Chinalco International, Yunnan Aluminum Co., Ltd., Chihong Zinc and Germanium, and Silver Star Energy. The holding subsidiary of Chinalco Group is Chinalco Co., Ltd.
Chinalco Co., Ltd. was registered and established in 2001 to be the primary aluminum producer in China.
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, Chinalco and Rio Tinto, one of the world’s largest mining companies, created a joint venture 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.
Chalco also manages two listed companies, Yunaluminum Co., Ltd. and Yinxing Energy Co., Ltd.
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 “Companies History“.