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Aluminum Corporation of China Limited, also known as Chalco or Chinalco ( , , ), is the only producer of alumina and the largest producer of primary aluminum in the People's Republic of Chinamarker. Chalco is a member of the SSE 50. It is the world’s second largest alumina producer and the third largest primary aluminum producer.

History

Aluminum Corporation of China (CHINALCO) is a state-backed holding company established to be the primary aluminium producer in the People's Republic of China in 2001. It is the parent company of Aluminum Corporation of China Limited (CHALCO) which is listed on the New York, Hong Kong and Shanghai stock exchanges.

With effect from 10 June 2008, Chalco was added to the Hang Seng Index Constituent Stock (blue chip).

Chinalco is investing $3 billion to begin open-cast mining operations, within three to four years, in Morococha District, Perumarker. The company plans to extract copper ore from Mount Toromocho.

Chinalco holds a 9% stake in Australian mining company Rio Tinto. Rio Tinto controls large Iron ore reserves in Australia. On June 5, Rio Tinto broke a deal for Chinalco to purchase a larger stake the company, with support by rival Australian mining company BHP Billiton. Rio Tinto is expected to pay a US$195 million breaking fee according to the contract signed earlier by the two parties.

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