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About ChinalcoAluminum Corporation of China

A state-owned enterprise launched in 2001 through consolidation of 12 Chinese aluminum enterprises and institutions. Chinalco has since grown to become the largest alumina and primary aluminum producer in China; at the end of 2007, it was the world's second largest producer of alumina and third largest producer of aluminum. As of June 2008, Chinalco had registered capital of US$ 55.3 billion. The company seeks to become a diversified metals business. Not only does it mine minerals such as copper and process materials including aluminum, but Chinalco also provides engineering and technical services to the mining industry.

NEWS
Parent & Subisdiaries

Major subsidiaries:

　　From its origins with seven plants, Chinalco has grown to include more than 50 subsidiaries with about 200,000 employees and operations in 22 Chinese provinces and 10 countries.

Executive Committee

The Executive Committee has 8 seats, including the President and seven senior managers, five of whom serve as vice presidents.

Major Deals
Key People
  • Eight executives, the president and the seven members of the Executive Committee, oversee the operational management and corporate strategy of Chinalco. Because Chinalco is a state-owned enterprise, the Supervisory Committee oversees company and executive performance, and reports back to China's State-owned Assets Supervision and Administration Commission of the State Council (SASAC) on whether Chinalco is complying with efficiency, profit, management, and ethical standards. Chinalco and its subsidiaries employ over 200,000 people.

    • Xiong Weiping, current president of Chinalco Xiong stepped up to lead Chinalco in February 2009, when Xiao Yaqing stepped down....>>
    Xiao Yaqing, former president of Chinalco Xiao served as president at Chinalco from 2004 to February 2009...>>
    Video
    China Expands Reach Into Foreign Resources Last month, three deals between state-owned Chinese companies and Australian miners sent a shock wave through the natural resource industry. But their culmination was long in the making....>>
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