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Company Description

Contact Info

No. 62 North Xizhimen Street

Haidian District

Beijing, 100082

China

Phone: 86 10 8229 8103

Fax:

Aluminum Corporation of China Limited operates as a vertically integrated aluminum producer with operations in bauxite mining, alumina refining, primary aluminum smelting and aluminum fabrication. The company also produces ancillary products and services derived from or related to its aluminum operations. In addition, the company is engaged in trading of alumina, primary aluminum, aluminum fabrication products, other non-ferrous metal products, coal products and raw and ancillary materials in bulk domestically and internationally. The company’s main operating assets include four subsidiaries mainly engaged in bauxite mining; two integrated alumina and primary aluminum production plants; one integrated alumina, primary aluminum and aluminum fabrication plant; six stand-alone alumina refineries, including its jointly-controlled entity, Guangxi Huayin, and its Research Institute; 13 stand-alone primary aluminum smelters, including its Research Institute; eight stand-alone aluminum fabrication plants; and one carbon production plant. In addition, as of December 31, 2012, the company was constructing two alumina refineries. Segments The company organizes and manages its operations in four business segments: Alumina, Primary Aluminum, Aluminum Fabrication, and Trading. The Alumina segment includes the mining and purchasing of bauxite and other raw materials, and production and sale of alumina, as well as alumina-related products, such as alumina hydrate, alumina-based chemical products and gallium. Alumina chemical products are used in the production of chemical, pharmaceutical, ceramic and construction materials. In the process of refining bauxite into alumina, the company produces a small amount of gallium as a by-product. Gallium is a rare, high value metal with applications in the electronics and telecommunication industries. The Primary Aluminum segment includes the production and sale of primary aluminum and aluminum-related products, such as carbon products. The company’s principal primary aluminum product is ingots. Its standard 20 kilogram remelt ingots are used for general aluminum fabrication in the construction, power generation, automobile, packaging, machinery and durable goods industries. The company internally produces substantially all the carbon products used at its smelters and sells its remaining carbon products to external customers. The Aluminum Fabrication segment includes the production and sale of aluminum fabrication products, including casts, planks, strips, screens, extrusions, ingots and profiles, which are used in the construction, power generation, automobile, packaging, machinery and durable goods industries. The company uses recycled aluminum materials at Chalco Qingdao and Chalco Nanhai, two of its aluminum fabrication plants, to produce aluminum fabrication products. The Trading segment includes sales of alumina, primary aluminum, aluminum fabrication products, other non-ferrous metal products, coal products and raw and ancillary materials in bulk both manufactured by the company and sourced from external suppliers domestically and abroad. Significant Events In March 2012, the company established Chalco Liupanshui jointly with Liupanshui Hengtaihe Mining Investment Co., Ltd. Chalco Liupanshui is a PRC limited liability company engaging in coal production in Guizhou Province. As of December 31, 2012, the company and Liupanshui Hengtaihe Mining Investment Co., Ltd. held 49% and 51%, respectively, of the equity interest in Chalco Liupanshui. In May 2012, the company acquired 45% of the equity interest in Dongdong Coal from Shaanxi Sanqin Energy Co., Ltd. Dongdong Coal is a PRC limited liability company engaging in coal production in Shaanxi Province. In May 2012, the company acquired 25% of the equity interest in Guizhou Yuneng from Chongqing Wujiang Shiye (Group) Co., Ltd. Guizhou Yuneng is a PRC limited liability company engaging in coal production in Guizhou Province. Research and Development In 2012, the company completed 114 technological projects, including 11 technology development projects, 10 industrialization, promotion and application of advanced technologies projects and 98 basic application projects. In addition, the company filed a total of 173 patent applications in 2012. As of December 31, 2012, the company owned 1,836 patents, which were primarily related to technologies and know-how, equipment and new products. Once registered, a patent in China for a new invention is valid for 20 years and for a new function or a new design, 10 years from the date of the patent application. As of December 31, 2012, the company owned 37 trademarks, each of which had a term of 10 years. Regulation The company is principally subject to governmental supervision and regulation by two agencies of the PRC government: the China National Development and Reform Commission, which sets and implements the major policies concerning China's economic and social development, approves investments exceeding certain amounts, coordinates and improves the reform of the economic system, and formulates industrial policies and investment guidelines for all industries including the aluminum industry; and the Ministry of Land and Resources of China, which has the authority to grant land use licenses and mining right permits. History Aluminum Corporation of China Limited was incorporated in 2001.

 

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