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Stock impact report

Chinalco, city officials punished for environmental breaches [Reuters]

Aluminum Corporation of China Limited American Depositary Shares (ACH) 
Company Research Source: Reuters
Chinalco, city officials punished for environmental breaches | Reuters Reuters Staff 2 Min Read BEIJING (Reuters) - The graft watchdog of China’s ruling Communist party said on Wednesday that officials from a branch of Aluminum Corp of China, known as Chinalco, and a number Chinese cities had been disciplined for environmental failures. The general manager of Chinalco’s Lanzhou branch, in the northwestern Gansu province, was publicly criticized for its “unsatisfactory” and “untimely” handling of hazardous solid waste that was stacked in breach of rules, the Central Commission for Discipline Inspection (CCDI) said in a statement. China has made a clampdown on solid waste a key pillar of its environmental protection campaign. Two deputy general managers at the Lanzhou branch were each given a warning, while the manager of the health, safety and environment department was dismissed, the statement added. Chinalco, China’s biggest state-run aluminum producer, did not immediately respond to Show less Read more
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