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    aluminum-investing

    Chalco Says Falling Prices May Cause Cash-Flow Difficulties

    Investing News Network
    Oct. 24, 2011 11:13PM PST
    Market News

    Bloomberg reported that Aluminum Corp. of China Ltd., (SHA:601600) announced that few of its units will most likely face difficult cash-flow situations as prices continue to inch down.

    Bloomberg reported that Aluminum Corp. of China Ltd., (SHA:601600) announced that few of its units will most likely face difficult cash-flow situations as prices continue to inch down.

    As quoted in the market news:

    Chalco advanced as much as 6.4 percent to HK$3.83 today in Hong Kong trading and was at HK$3.82 at the midday break, up 6.1 percent. The company will report third-quarter earnings after the market close tomorrow.

    Click here to read the full Bloomberg report

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