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Who is bigger? Rusal, Chalco and Alcoa

Who is bigger? Rusal, Chalco and Alcoa

October 2, 2012 (Chinavestor) Overall, Aluminum Corporation of China Limited (NYSE: ACH) (Chalco) had a strong revenue growth from FY2009 to FY2011. Over the three years, Chalco’’s revenue grew from $10,280.21 million to $22,916.87 million. Revenue figure for FY2011 representing a 25.27% growth compare with last financial year. According to the company’s annual report, this was mainly attributable to the increase in the external sales and trading volume of the Group’s major products.

Compare revenue with Chalco’s major competitors Aluminum Company of America (NYSE: AA) (Alcoa) and United Company RUSAL (SEHK: 0486) (RUSAL), we can see how strong Chalco’s growth in revenue was in the past 3 years. Chalco had the lowest revenue among the three companies before 2009. But started from 2009, Chalco benefits from China’s economic growth and aluminum products demand, as well as its own monopolistic position in Chinese market. Chalco’s revenue doubled in just 2 years from 2010 to 2011, exceeded RUSAL’s revenue in 2009 and came close to Alcoa’s revenue in 2011.

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Industry Watch

Best aluminum corporations in 2012

Best aluminum corporations in 2012 September 20, 2012 (Chinavestor) Domestic companies in China. There are currently about 58 bauxite mining enterprises operating in the industry, up from 24 in 2006. However, Aluminum Corporation of C...
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Industry Watch

Upside unlimited to resource stocks?

Upside unlimited to resource stocks? October 27, 2011 (Chinavestor) Basic materials, aluminum and silver stocks, were the best bet of any sector so far this week. And the good times continue to roll this morning. Shares of Aluminum Co...
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Industry Watch

Basic Materials Lack Money Flows

Basic Materials Lack Money Flows September 27, 2011 (Chinavestor) Chinese basic material stocks have been suffering in September. The sector is down 23.5% in September, the second worst performance among Chinese sectors after transp...
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Industry Watch

CDII continues to bleed in 2010

CDII continues to bleed in 2010 December 23, 2010 (Chinavestor) China Direct Industries, Inc. (NASDAQ:CDII) reported fourth quarter financial results for year ended September 30, 2010 after the close yesterday. Shares of the compan...
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