Aluminum Corporation of China Limited (2600.HK)

HKSE - HKSE Delayed Price. Currency in HKD

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2.060-0.070 (-3.29%)

At close: 4:08PM HKT

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Reuters
Chalco 2019 aluminium output falls 9% after smelter shutdowns
Chalco, China's biggest state-run aluminium producer, churned out 9% less metal in 2019 as it shut two uncompetitive smelters and barely eked out a profit in the fourth quarter, while it played down the impact of the coronavirus on the industry. Chalco, or Aluminum Corp of China Ltd, produced 3.79 million tonnes, according to its presentation to analysts reviewed by Reuters - just managing to retain its spot as the world's No.2 listed aluminium producer ahead of rival Rusal's 3.76 million tonnes. Top producer China Hongqiao last week reported an 11.3% drop in annual output to 5.64 million tonnes.
Insider Monkey
Should You Buy Aluminum Corp. of China Limited (ACH)?
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Simply Wall St.
A Look At The Fair Value Of Aluminum Corporation of China Limited (HKG:2600)
Today we will run through one way of estimating the intrinsic value of Aluminum Corporation of China Limited...