Chalco Posts Best Performance in 9 Years in H1 and Aims to Be Global Top Aluminum Semis Producer in 2017

SHANGHAI, Jul. 21 (SMM) – Chalco recorded its best performance in nine years in H1 2017 and ia poised to become the world’s biggest aluminum semis producer in 2017.

SMM Analysis: China Alumina Supply & Demand Balance in H2 2017

The company reported 153 billion in revenues in H1 2017, up 53% year-on-year and 1.12 billion in profit, up 1.41 billion year-on-year.

Chalco expects its aluminum semis output to exceed 2.8 million tonnes in 2017.

IAI: Primary Aluminum Output Grows in China in June, But Falls Outside China

Thanks to rising aluminum prices amid supply side reform, 8 out of the 10 listed aluminum companies that have released semi-year earnings reports reported growth in net profit in H1 2017.
   
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.