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Chalco (ACH -1.2%) - China's largest aluminum producer - posts a $28M loss in 2011 H2 against...

Chalco (ACH -1.2%) - China's largest aluminum producer - posts a $28M loss in 2011 H2 against last year's profit of $39.7M. The company was squeezed by a rise in raw materials and finance costs at the same time aluminum prices fell. Don't forget, China caps energy prices - with those at a market rate, things would have been worse.
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