China Hongqiao Group
Chinese company specializing in producing aluminum
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2025 | Planned carbon peak as part of the company's commitment to reducing greenhouse gas emissions. |
December 2022 | Achieved ASI Performance Standard V2 (2017) Certification for Shandong Hongchuang Aluminum Industry Holding Co., Ltd. and three wholly-owned subsidiaries. |
June 2022 | During the third Qingdao Multinationals Summit, announced climate goals to reach net-zero emissions before 2055, with a short-term goal to peak carbon emissions before 2025. |
2021 | China Hongqiao completed and put into production a lightweight testing base in Shandong province, focused on creating a production base for lightweight automobile parts and high-end aluminium applications. |
2021 | Net profit increased by over 50%, reaching 30.453 billion yuan. Joined The Aluminium Stewardship Initiative as a new Production and Transformation member. Aluminium output reached 5.633 million tons. |
December 2021 | Successfully put the third production line of the second project phase into production in Indonesia. |
December 2021 | Successfully relocated 2 million tons of aluminium production (approximately 60% of its 6.46 million licensed capacity) from Shandong province to Yunnan. |
June 2021 | Temporarily postponed the move of production facilities due to power-related challenges. |
2020 | As part of a consortium, won the bid to develop the US$14 billion Simandou iron ore mine. |
2020 | Achieved a net profit record of 8.14 billion yuan in the first half of the year. Partnered with Scholz Recycling Group to establish a joint venture focused on end-of-life vehicle recycling technologies. |
September 2020 | Initiated the first phase of greener production in Wenshan prefecture, Yunnan Province, launching partial production at the green aluminium innovation industrial park. |
2019 | Announced plans to relocate approximately 2 million tonnes of annual production capacity from Shandong to Yunnan to access cleaner power sources for aluminium smelting. |
December 2019 | Started construction of a new plant in Wenshan prefecture, Yunnan Province, marking the beginning of the company's green aluminium production initiative. |
2018 | Increased investment in environmental protection by upgrading and renovating electrolytic aluminium and alumina production processes. |
2017 | Targeted bauxite export of 30 million tons for the year. |
2016 | Opened first production facility in Indonesia with an annual output of 1 million tons, becoming the first Chinese investment in an alumina refining plant and first aluminium factory in Indonesia, located in Ktapang, Kalimantan. |
March 2016 | Announced plans to export approximately 15 million tons of bauxite for the entire year. |
March 2016 | Reached 5.2 million tonnes of annual production capacity. |
November 2015 | Shipped 170,000 tonnes of bauxite from Yantai to China. |
March 2015 | The company confirmed an agreement on mining and port investments of US$120 million to promote bauxite development and export in Guinea. |
2014 | Annual production capacity increased to 4 million tonnes. |
June 2014 | China Hongqiao Group Logistics Company Ltd. signed a $120 million declaration of intent to acquire a construction industry company in Guinea and formed the SMB WINNING CONSORTIUM for bauxite mining development. |
2013 | China Hongqiao Group, Khaleda Group, and Weili Investment (Hong Kong) Co., Ltd. jointly established Hongfa Weili Alumina Co., Ltd with a $1 billion investment to build an annual aluminium production of 2 million tons in West Kalimantan Province, Indonesia. |
December 2012 | China Hongqiao Group announced a $1.5 billion investment to create a bauxite mining company with PT Well Harvest Winning Alumina Refinery in Borneo, targeting an annual production capacity of 2 million tonnes. |
2011 | Listed on the Hong Kong stock exchange at $7.20 per share, aiming to raise $2.2 billion in new capital. Annual production capacity reached 1.1 million tonnes per year. |
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