ALUM CORP OF CHINA LIMITED (NY: ACH)
9.680 USD  UNCHANGED
Streaming Delayed Price  /  Updated: 6:40 PM EDT, Apr 17, 2014  /  Add to My Watchlist      
(ACH) Community Analysis from
Bears REASONS TO SELL
April 20, 2014
(Value Investing, 1/30/12)
[premium]Aluminum Corp. of China (ACH) provided preliminary results for calendar year 2011, stating that it expects its net profits to decrease by more than 50% compared with 2010, due to...(read more)
The stock market had a very strong morning on Wednesday, rolled over in the afternoon, but there were still good gains for the day. However, the stock market may be long on the tooth and ready to come down. At this point, let’s make sure t...
NYSE:FXI, NYSE:FCX, NYSE:ANR, NYSE:ACH, NYSE:BAC, NYSE:C
Aluminum Corporation of China (ACH) Company Overview

Aluminum Corporation of China, Ltd. (Chalco), incorporated as a joint stock limited company in the People's Republic of China in 2001 and headquartered in Beijing, is the main producer of alumina and the largest producer of primary aluminum in terms of production and sales in China. Chinalco, a state-owned enterprise, currently owns 40.46% of Chalco's issued share capital, and it is Chalco's largest shareholder. As of September, 2007, the company's assets totaled approximately $10.7 billion and are expected to continue to grow rapidly.

Chalco organizes and manages its operations mainly through the following two business segments: Alumina and Primary Aluminum. External sales of the Alumina and Primary Aluminum segments accounted for approximately 44.3% and 54.5%, respectively, of Chalco's total 2006 revenue. Revenues from Primary Aluminum segments are expected to contribute larger ratio of the company's revenue.

(Read more at Wikinvest )

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