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ALUMINUM CORP OF CHINA LTD
Aluminum Corp of China Ltd (Chalco) is a state-controlled aluminum producer founded in 2001, operating across bauxite mining, alumina refining, and...
ALUMINUM CORP OF CHINA LTD
Aluminum Corp of China Ltd was founded in 2001 and is controlled by the State-owned Assets Supervision and Administration Commission (SASAC). It is China's flagship aluminum producer, publicly traded on the Hong Kong, Shanghai, and New York stock exchanges. The firm operates across the full aluminum value chain: bauxite mining in Guinea and Australia, alumina refining in Shandong and Guangxi, and primary aluminum smelting in Henan and Inner Mongolia. It also produces specialty aluminum alloys and fabricates products for aerospace, automotive, and construction. Confirmed assets include the Boffa bauxite mine in Guinea (per Chalco annual report, 2023). Total employees exceed 70,000. The firm has additional offices in Hong Kong and Shanghai. In 2023, Chalco reported revenue of approximately CNY 230 billion and net profit of CNY 6.8 billion (per public filings). The company is a constituent of the Hang Seng Index and SSE 50 Index. Chalco's structural differentiator is its state ownership and vertical integration from mine to finished product, giving it cost advantages and policy backing. It is one of a handful of Chinese SOEs that dominate global aluminum supply, with price-setting influence in the Asia-Pacific market.
General information
Firm type
other
Year founded
2001
AUM
Undisclosed
Location
Region
Asia
Country
China
City
Beijing
Corporate office
Beijing, China
Additional offices
Hong Kong · Shanghai
Principals
Dong Jianxiong
Chairman
Zhu Runzhou
President
Sector focus
Frequently asked questions
Who controls Aluminum Corp of China Ltd?
The firm is controlled by the State-owned Assets Supervision and Administration Commission (SASAC) of China, reflecting its status as a state-owned enterprise. It is publicly traded on the Hong Kong, Shanghai, and New York stock exchanges.
What is the firm's primary business?
Chalco spans the full aluminum value chain: bauxite mining (in Guinea, Australia, and China), alumina refining, primary aluminum smelting, and aluminum alloy fabrication. It is one of the world's largest integrated aluminum producers.
Where does the firm source its bauxite?
Chalco operates bauxite mines in Guinea (the Boffa mine), Australia, and domestically in China. The Guinea operations are a key source of imported ore for its Chinese refineries.
What is the firm's relationship to the Chinese government?
Chalco is a state-owned enterprise under SASAC, meaning its strategic decisions aligned with national industrial policy. It benefits from state financing and policy support for capacity expansion and resource security.
Does the firm pay dividends?
Chalco has historically paid dividends, though amounts vary based on profitability and reinvestment needs. In 2023, it distributed approximately 30% of net profit as dividends (per public filings).
What are the main risks for the firm?
Key risks include aluminum price volatility, energy costs (smelting is electricity-intensive), environmental regulations in China, and geopolitical tensions affecting its overseas mining operations in Guinea and Australia.
What is the firm's environmental posture?
Chalco has invested in carbon capture technology and low-carbon smelting processes, though it remains a significant CO2 emitter due to coal-powered electricity consumption. It reports under China's emission trading system.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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