Profile of the Company
Profile of the Company
Aluminum Corporation of China Limited (hereinafter referred to as “Chalco”) was incorporated on September 10th, 2001 in China, and Aluminum Corporation of China (hereinafter referred to as “Chinalco”) is its controlling shareholder. Chalco is a leading company in China’s non-ferrous industry, with a strong portfolio of assets among global competitors. It is also the only large company in China’s aluminum industry that’s engaged in the whole value chain, from exploration and mining of bauxite and coal, the production, sales, and R&D of alumina, primary aluminum and aluminum alloy products, to international trade, logistics, and power generation from both fossil fuels and new energy. Currently Chalco has 39 subsidiaries, 18 wholly owned and 21 controlled ones. Chalco has been listed in the New York Stock Exchange (stock code: ACH), the Stock Exchange of Hong Kong (stock code: 2600), and Shanghai Stock Exchange (stock code: 601600).
Fifteen years on, Chalco has made it its mission to safeguard, develop and utilize national strategic resources, playing an essential role in the application of aluminum in the defense industry, aeronautics and space industry, rail transport, and the production of high-end alloys for civil purposes. The company has provided key aluminum profiles for China’s construction, transportation and national defense industries to develop China’s first man-made satellite, its first nuclear reactor and nuclear submarine, Long March rockets, Shenzhou spacecrafts, Chang’e lunar probes, commercial airplanes, aircraft carriers and high-speed trains.
With the philosophy of scientifically controlling the upstream, optimizing the midstream and developing the downstream by leaps and bounds, Chalco has been speeding up structural readjustment, transformation and upgrading, among efforts to develop competence across the whole industry chain, deepen reform and promote innovation, and transfer production capacity, in order to be engaged in greater global cooperation and become a world-class company with international competitiveness and the ability to operate globally. Therefore, Chalco can live up to its commitments to create more value for shareholders, increase benefits for the company, and raise income for its employees, thus making greater contribution to a new chapter of the Chinese Dream.