Aluminum Corp. of China Limited (ADR) (NYSE:ACH)
A joint stock limited company, with its subsidiaries is engaged in bauxite mining, alumina refining and aluminum smelting. Principal products are alumina and primary aluminum.
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xmfsinchiruna rec
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Looks expensive.
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double down
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P/E for 2011 equals (about) 5
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following the leader
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Stock screener
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Could see a much better day
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Chinese people like beer. Beer is often sold in aluminum cans. This stock looked beaten up and I went in too early.
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Just another key plank in the Chinese growth platform.
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Right now China is leading the world inproduction of all metals. Almost no trade restrictions with the US. This one is a keeper.
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Profile
Aluminum Corporation Of China Limited
No 62 North Xizhimen Street
Hai Dian District
Beijing, 100088
China - Map
Phone: 86 10 8229 8103
Fax: 86 10 6396 3806
Website: www.chalco.com.cn
Details
Index Membership: N/A
Sector: Basic Materials
Industry: Aluminum
Full Time Employees: 107,831
Business Summary
Aluminum Corporation of China Limited engages in the exploration and mining of bauxite, as well as production and sale of alumina, primary aluminum, and aluminum fabricated products in the People?s Republic of China and internationally. The company?s primary products include alumina, primary aluminum, aluminum fabricated products, gallium, and carbon-related products. Its Alumina segment engages in mining and purchasing bauxite and other raw materials, supplemental materials, and fuels and utility; refining bauxite into alumina; and selling alumina, as well as produces and sells chemical alumina and metal gallium. The company?s Primary Aluminum segment engages in purchasing alumina and other raw materials, supplemental materials, and electricity power; smelting alumina to produce primary aluminum; selling primary aluminum products; and producing and selling carbon products and aluminum-alloy products. Its Aluminum Fabrication segment involves in purchasing primary aluminum and other raw materials, supplemental materials, and electricity power; and further processing primary aluminum for the production and sale of aluminum fabricated products, including casts, planks, screens, extrusions, forges, powder, and die castings. The company also manufactures and distributes metal materials; sells general machinery and equipment; offers construction and engineering services for the mining industry; provides management services for construction projects work; and supplies limestone products, as well as chemical products and accessory supplies for the mining industry. In addition, it involves in alumina import and export; aluminum related research; and electricity generation and supply operations, as well as manufactures, acquires, and distributes limestone and aluminum magnesium ores, and related nonferrous metal products. The company was founded in 2001 and is based in Beijing, China. Aluminum Corporation of China Limited is a subsidiary of Aluminum Corporation of China.
***All above information from YAHOO FINANCE***
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Ken Fisher Forbes
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Good value. KF
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China will be the dominant physical economy in the next decade... (if it isn't already). Their hunger for raw materials will not be slaked.
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The Metals will go up.
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Think raw materials and metals!
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not enough in China
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good long-term earning potential in a country that hungers for raw materials. low p/e that should justify for higher price.
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In 3 years this stock will have obliterated the sp500.
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