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Chalco Guizhou branch doubles alumina output in five years |
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Written by Administrator
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Friday, 09 February 2007 |
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GUIYANG, Feb. 5 (InfoChina) – The annual alumina output of the Guizhou branch of Aluminum Corp of China (Chalco, ACH.NYSE, 2600.HK) doubled in the past five years, rising from 510,000 tons to 1.02 million tons. |
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UOB Kay Hian Research rates Chalco at “buy” |
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Written by Administrator
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Friday, 09 February 2007 |
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BEIJING, Feb. 5 (InfoChina) – UOB Kay Kian Research remains its rating at “buy” for Aluminum Corp of China (Chalco, ACH.NYSE, 2600.HK), targeting 9 HK dollars, regarding Chalco as the most undervalued stock among HK-listed Chinese commodity companies. |
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Non-Chalco alumina producers to ally in fight against alumina price fluctuation |
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Written by Administrator
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Friday, 09 February 2007 |
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BEIJING, Feb. 1 (InfoChina) – Seven non-Chalco alumina producers are mulling over an alliance in a bid to maintain alumina price stability and market order. They convened the 1st Alumina Enterprises Development Seminar in Jinan of Shandong Province recently to prepare for the alliance. |
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Little possibility for big alumina price surge |
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Written by Administrator
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Thursday, 01 February 2007 |
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BEIJING, Jan. 26 (InfoChina) – Though alumina price in China has rebounded to top 3,000 yuan/ton currently and alumina import price is also seeing a rise, industry insiders point out that the current price rebound for alumina is mainly backed up by some short-term factors including seasonal storage and production restriction by non-Chalco alumina enterprises. With release of new alumina capacity in the future, little possibility exists for sharp price surge in the future. |
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Guotai Jun’an: Chalco’s value underestimated |
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Written by Administrator
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Thursday, 01 February 2007 |
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BEIJING, Jan. 26 (InfoChina) – Chinese securities broker Guotai Jun’an Securities points out in its latest research report that the value of China’s biggest alumina producer Aluminum Corp of China (Chalco, NYSE: ACH, HK: 2600) is underestimated at present. |
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