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Too Much Metal
Author(s): Lan Xinzhen
Pages: 36-
37
Year: 2013
Issue:
46
Journal: Beijing Review
Abstract: <正>Non-ferrous metal giant’s financial losses linked to overcapacity Aluminum Corp.of China Ltd.(CHALCO),the country’s largest alumina producer,shocked investors again by posting losses of 1.85 billion yuan($301.3 million),according to the company’s third-quarter financial report released on October 30.This is the second year CHALCO has suffered a loss.Wang Yong,an analyst with CITIC Securities Co.Ltd.,said overcapacity and low prices were
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