Aluminum Corporation of China Company Description
Aluminum Corporation of China Limited (Chalco) has masterminded its way into mixing alumina and aluminum. Chalco is the only maker of alumina -- which is refined from bauxite and is the key material in producing aluminum -- in China. The company produces about 9 million tons of alumina products (including alumina, alumina hydrate, and alumina chemicals), which makes it the second-largest maker of alumina in the world. Chalco also produces a million tons of primary aluminum annually. In 2007, the company acquired sister company Baotou Aluminum for about $2 billion. Chinalco, a state-owned enterprise, owns nearly 40% of the company.
View the Comprehensive Company Description for Aluminum Corporation of China
The Company Description provides a historical perspective of Aluminum Corporation of China's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Aluminum Corporation of China's evolution in the marketplace.
