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Chalco becomes world's largest aluminum enterprise

22 Jul 2019 16:30 reported by Jordan Huang

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Aluminum Corporation of China Limited (Chalco) had announced the total income of the first half of 2019, over RMB 170 billion, and its overall operating income and realized profit both showed a year-on-year increment by 26.5% and 31.8% respectively.

The sales of fine aluminum oxide and high purity aluminum of Chalco in the first half of this year had increased by 9% and 40% year on year respectively, driving up the company's performance.

Moreover, Chalco also decreased some of the low competitive products at the same time, such as cutting approximately 500,000 tons of electrolytic aluminum to increase profit.

In recent years, although there were some sounds that showed the competitors were much stronger than Chalco, it still stood at the first of the world right now and kept innovating.