[3] In 2021, it was the world's largest aluminum producer, ahead of China Hongqiao Group, Rusal and Shandong Xinfa.
The major shareholder of the company was Aluminum Corporation of China known as Chinalco (Chinese: 中国铝业公司), a state owned enterprise.
The company has a number of distinct business segments including (1) alumina refining, (2) primary aluminum smelting, and (3) energy.
[6] It is the parent company of Aluminum Corporation of China Limited (Chalco) which is listed on the New York, Hong Kong and Shanghai stock exchanges.
[8] Rio Tinto ultimately declined because "there are lots of Aussies in high political places who don't want ... land and resources sold to China.
[11] In 2010, Chinalco reported a net profit of ¥778.01 million, a dramatic rise when compared with the company's ¥4.62 billion losses from the previous year.
[12] During July 2011, Chinalco signed a long-term agreement with Mongolian miner Tavan Tolgoi to import more than 15 million tons of coking coal annually to meet increased domestic demand.
[citation needed] As of 2013, Morococha was the site of a planned open pit copper mine to be operated by Aluminum Corporation of China Limited.