Chalco swings to a first-half loss on lower aluminum prices
Aug 27, 2012 | 01:24 PM
SHANGHAI, China Aluminum Corp. of China Ltd. (Chalco), the countrys largest producer of the lightweight metal, swung to a loss in the first half of 2012 due to lower metals prices and higher power and raw materials costs.
Chalcos net loss for the first half of 2012 was 3.25 billion yuan ($513 million), compared with a net profit of 413 million yuan a year earlier, the company said.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.