Chalco to Halt 600,000-tpy Aluminum Capacity, 800,000-tpy Alumina Capacity

Aluminum Corporation of China Limited (02600) (Chalco) announces that, given the massive over-capacity of electrolytic aluminium, the depressed market price of products and higher cost of electricity of enterprises at present, it has determined to implement flexible production arrangements for certain electrolytic aluminum and alumina production lines, which involve temporary shutdown of production capacity of 600,000 tonnes of electrolytic aluminum and 800,000 tonnes of alumina, respectively.