Aluminum Corporation of China
Aluminum Corporation of China (Chinese: 中国铝业公司, abbreviated as Chinalco) is a Chinese state-owned enterprise and the top-level holding company for China’s non-ferrous metals industry. It is wholly owned by the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council and is responsible for policy execution, strategic asset oversight, and international resource coordination.
Chinalco is not a listed entity, but it exercises control over a portfolio of subsidiaries engaged in industrial operations, the most prominent of which is Aluminum Corporation of China Limited (Chalco). Financial media underline this distinction, describing Chalco as “a Hong Kong-listed subsidiary of the Chinese state-owned metals and mining group Chinalco” and as “the listed unit of China’s biggest aluminium producer, Aluminum Corp. of China, or Chinalco”.