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

|By:, SA News Editor

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.