Aluminum Corporation of China (ACH)

Profile

Exchange: NYSE       Sector: Basic Materials       Industry: Aluminum

Aluminum Corporation of China Limited, also known as Chalco, is a multinational aluminium company headquartered in Beijing, People's Republic of China. It is the world’s second-largest alumina producer (and the only producer in China) and third-largest primary aluminium producer (and the largest producer in China). Chinalco is principally engaged in the extraction of aluminium oxide, electrolyzation of virgin aluminium and the processing and production of aluminium. The company also engages in the manufacture and distribution of metal materials; sale of general machinery and equipment; production, acquisition, and distribution of limestone ore, aluminum magnesium ore, and related nonferrous metal products; aluminum smelting, manufacture, and distribution of nonferrous metals; and generation and supply of electricity, as well as in iron ore mining and coal mining activities. Its primary listing is on the Shanghai Stock Exchange and it is a constituent of the SSE 50 index. It has secondary listings on the Hong Kong Stock Exchange and the New York Stock Exchange. Aluminum Corporation of China Limited was founded in 2001.