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Aluminum Corporation of China (Chinalco), Chalco's parent company, was established in 2001 as part of China's industrial restructuring strategy.
In 2008, Chalco was added to the Hang Seng Index as a blue-chip constituent.
Chalco's attempted $19.5 billion investment in Rio Tinto in 2009 was rejected, a move that was interpreted in China as part of a broader geopolitical pushback against its global resource acquisitions.