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Aluminum Corporation of China (CHINALCO)

Aluminum Corporation of China (CHINALCO), an investment management and holding company authorized by the state, is a backbone state-owned enterprise . As of the end of June 2008, its assets totaled RMB 377.7 billion, with its value growth rate on fixed assets and return on equity leading among the state-owned enterprises with assets over RMB 10 billion. It is the world’s second largest alumina producer and the third largest primary aluminum producer.

  

News

Delegates from Over 50 Countries and Regions to Attend the Upcoming CHINA MINING Conference and Exhibition 2011

🕔10/26/2011 2:55:18 PM 12541

CHINA MINING Congress & Expo 2011 will open in Tianjin on November 6-8, 2011. With the theme "Strengthen International Cooperation, Accelerate Geological Exploration & Mine Development", the Conference will widely publicize China's reform and opening policies related to the mining industry, and moreover offer discussions on topics including sustainable development of worldwide mining, global mineral product survey situation and analysis, mining and capital market, mine environment and mine parks, comprehensive utilization of mineral resources.

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Australian Market Report of January 11: First Week 2010 Ended with a New High

🕔1/11/2010 9:30:06 AM 14700

Australian share market ended the first week of 2010 with a 15-month high as banking shares rebounded on Friday from the falls in previous session, offsetting losses in resources sector. At the close, the benchmark S&P/ASX200 index rose 12.7 points, or 0.3 per cent, to 4912.1, while the broader All Ordinaries index advanced 11.7 points, or 0.2 per cent, to 4942.2.

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Australian Market Report of July 2: Encouraging US Data

🕔7/2/2009 1:00:08 PM 14954

The Australian shares yesterday started the new financial year with a significant fall led by financial and resources stocks. The benchmark S&P/ASX200 index lost 80.9 points, or 2.05 per cent, to 3874 points, while the broader All Ordinaries index was 75.5 points, or 1.91 per cent lower, at 3872.3 points.

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Australian Market Report of June 30: Trade Remains Directionless

🕔6/30/2009 1:00:41 PM 15441

The Australian shares fell in late trading on Monday, pulled by energy sector. The benchmark S&P/ASX200 lost 16.9 points, or 0.43 per cent, to 3886.9, and the broader All Ordinaries was down 16.8 points or 0.43 per cent to 3882.7. Analysts expect the local market remained directionless ahead of the financial year end.

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Australian Market Report of June 5: Resources Shares Received Mixed Leads

🕔6/5/2009 1:00:02 PM 17133

The Australian share market closed lower. The benchmark S&P/ASX200 index was down 82.6 points, or 2.06 per cent, at 3934.6, while the broader All Ordinaries index fell 76.8 points, or 1.92 per cent, to 3932.5. Resources stocks will benefit from the rise in commodities prices, but could be weighed down by the failure of investment deal between Rio Tinto and Chinese government backed Chinalco.

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Australian Market Report of June 1: Stronger Confidence on More Signs of Recovery

🕔6/1/2009 1:00:40 PM 15555

The Australian share market ended higher on Friday, led by banking stocks. The benchmark S&P/ASX200 index rose 62.4 points, or 1.66 per cent, to 3,818.1, while the broader All Ordinaries index gained 59.4 points, or 1.58 per cent, to 3,813.3.

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Australian Market Report of May 26: Banks Hit by the Short Sell Ban Lift

🕔5/26/2009 1:00:08 PM 15438

Yesterday the Australian shares ended lower dragged by financial stocks after the lifting the eight-month short-selling ban. The market was also hit by news of a nuclear weapon test by North Korea. The benchmark S&P/ASX200 index fell 23.7 points, or 0.63 per cent, to 3737.9, while the broader All Ordinaries index was down 20.1 points, or 0.54 per cent, to 3735.3.

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Australian Market Report of May 22: Recovery Hopes Dented

🕔5/22/2009 1:00:57 PM 18242

Yesterday the Australian share market ended slightly lower dragged by financial stocks. The benchmark S&P/ASX200 was down 10.7 points, or 0.28 per cent, at 3813.9, while the broader All Ordinaries had lost 4.2 points, or 0.11 per cent, to 3804.7.

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Australian Market Report of May 21: Seeking Capital Raising at Discount

🕔5/21/2009 1:00:16 PM 17769

The Australian shares closed marginally higher on Wednesday despite weak lead from Wall Street and steep quarterly contraction in Japan. The resources stocks were higher on stronger commodities prices. The benchmark S&P/ASX200 was up 7.3 points, or 0.19 per cent, at 3824.6, while the broader All Ordinaries gained 8.3 points, or 0.22 per cent, to 3808.9. Investors are expecting some pullback in recent trading sessions and seeking more fund raisings at discount on the market.

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Australian Market Report of May 15: Rebound on Recovery Hopes

🕔5/15/2009 1:00:35 PM 16813

The Australian share market yesterday closed significantly lower as investors anticipated further drop in Europe and US. The benchmark S&P/ASX200 index fell 132.7 points, or 3.4 per cent, to 3723.4, while the broader All Ordinaries index declined 131.7 points, or 3.4 per cent, to 3710.8.

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