Headquarters building of Chinalco (Aluminum Corporation of China), in Beijing, China, 22 November 2014. [Photo/IC] |
The company attributed its excellent performance largely to reduced production costs. Costs of electrolytic aluminum, alumina and electrolytic copper fell 400 yuan, 2,500 yuan and 5,200 yuan per tonne, respectively, said Yu Dehui, general manager of CHALCO.
Although prices of the three products dropped year on year during the first half, the company managed to improve profitability.