Trading at 07 prices? This is a joke. The Metal industry has been hit hard recently but a new record price for aluminum and reduced output? This is a stock to watch. Note: I bought back into this stock yesterday.
from yahoo finance Aluminum Corporation of China Limited and its subsidiaries engage in bauxite mining, alumina refining, and aluminum smelting businesses in the People's Republic of China. The company's Alumina segment involves in mining and purchasing bauxite and other raw materials, refining bauxite into alumina, and selling alumina. This segment also produces and sells chemical alumina,...
by Zacks Chalco announced higher revenues but lower earnings in 2007, mainly due to production increases in primary aluminum products and alumina price declines. Although the gloomy outlook for the worldwide economy in 2008 will continue to pressure the price of alumina and aluminum, Chalco should continue to benefit from strong alumina and aluminum demand in China. We continue to view the co...
ACH with AA recently took 9% stake in Rio Tinto. BHP offer for Rio was announced today. As much as serving Beijing's desire is to prevent one company from controlling over a quarter of the world's iron ore, the Rio deal fits Chinalco President Xiao Yaqing's ambitions to turn his aluminum-focused company into a diversified global giant. ...
About Aluminum Corp. of China Ltd.
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