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Chinese shares are now in a fresh round of delisting tremors. This appears to be the real deal and investors are once again worried about the impact. The real issue with the underperformance though, has nothing to do with the delisting. Alibaba could easily drop another 30% fr...
Announcement of Intention to Delist American Depositary Shares from the New York Stock Exchange and Intention to Deregister and Terminate Reporting Obligations under the U.S. Securities Exchange Act BEIJING, CHINA, Aug 12, 2022 - (ACN Newswire) - Aluminum Corporation of China Limited ...
Rio Tinto ( NYSE: RIO ) said Thursday that its Guinea subsidiary has formed an infrastructure joint venture with the government and the Chinese-backed Winning Consortium Simandou to co-develop the Simandou iron ore mine project , paving the way for work to resume on the worl...
Alcoa (NYSE:AA) -4.9% in Friday's trading to a new YTD low, as aluminum prices plummet to their lowest in nearly six months, as concerns over the prospect of weak economic growth hit metals demand. Three-month aluminum on the London Metal Exchange (LMAHDS03:COM) recently traded -2.8% to $2,68...
Aluminum prices will plunge 20% toward $2,300/ton by December as demand slows and supplies rise in warehouses around the world, Harbor Intelligence said Thursday at its annual industry conference, according to a Bloomberg report. Alcoa (NYSE:AA) -7.4%, challenging YTD lows; also, (NASDAQ:CENX...
Aluminum prices in London fell to four-month lows on Friday, as concerns about demand created by slowdowns in manufacturing activity in China and elsewhere were reinforced by the strong dollar, Reuters reports. London Metal Exchange benchmark aluminum (LMAHDS03:COM) could be headed for its si...
Gainers: Zymergen (ZY) +11%. Dawson Geophysical (DWSN) +5%. Losers: Mesa Royalty Trust (MTR) -13%. HighPeak Energy (HPK) -13%. Aluminum Corporation of China (ACH) -12%. Tsakos Energy Navigation (TNP) -11%. Martin Midstream Partners (MMLP) -11%. For further details see: Zymerge...
Annual Report on Form 20-F for Fiscal Year 2021 of Aluminum Corporation of China Limited Now Available BEIJING, Apr 23, 2022 - (ACN Newswire) - Aluminum Corporation of China Limited (the "Company"; NYSE "ACH"; SEHK "2600"; SSE "601600") announces that the Company's annual report for t...
Guinea's mining minister says the government reached agreement with Rio Tinto (NYSE:RIO -2.1%) and a Chinese-backed consortium to resume activities at the Simandou iron ore deposit. According to Reuters, Mines Minister Moussa Magassouba said on Saturday that a framework agreement had been sig...
Aluminum Corp. of China (ACH +2.6%) reports its FY 2021 net income soared more than six-fold to its best performance in 14 years, thanks to rising alumina and aluminum prices as well as higher production. Chalco's full-year net profit totaled 5.08B yuan ($798.6M), the company said in a filing...
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Announcement of Intention to Delist American Depositary Shares from the New York Stock Exchange and Intention to Deregister and Terminate Reporting Obligations under the U.S. Securities Exchange Act BEIJING, CHINA, Aug 12, 2022 - (ACN Newswire) - Aluminum Corporation of China Limited ...
Annual Report on Form 20-F for Fiscal Year 2021 of Aluminum Corporation of China Limited Now Available BEIJING, Apr 23, 2022 - (ACN Newswire) - Aluminum Corporation of China Limited (the "Company"; NYSE "ACH"; SEHK "2600"; SSE "601600") announces that the Company's annual report for t...
Leading aluminum producer Alcoa (AA) beat consensus revenue and adjusted earnings estimates in its fiscal fourth quarter ended December 31, 2021. However, with major restructuring plans increasing AA’s expenses, will the company be able to maintain its profit margins in the near term? ...