Gongyi and Chinalco start a new pace of strategic cooperation

Abstract Recently, the Gongyi Municipal Government and Chinalco Co., Ltd. signed a strategic cooperation agreement in Beijing, marking a significant milestone in the city’s efforts to enhance its industrial chain. This partnership is expected to establish a 100 billion-yuan aluminum and deep processing industry base in Gongyi, which will not only boost local economic development but also support Chinalco’s long-term strategic transformation. The collaboration is seen as a key step in advancing the region’s industrial capabilities and positioning it as a major player in the national aluminum sector.

Aluminum and aluminum deep processing remain the core pillar of Gongyi's economy, with the city accounting for 16.8% of the national production and 68% of the provincial output. As part of Zhengzhou City's "three-year multiplication and five-year transcendence" plan, Gongyi aims to build an internationally competitive aluminum and deep processing base and develop a research center for advanced aluminum smelting and processing technologies. With its global presence and strong financial backing, Chinalco is well-positioned to contribute significantly to this vision. As one of the world’s leading aluminum companies, Chinalco ranks second in alumina supply, third in electrolytic aluminum, and fifth in aluminum processing materials. Its total assets exceed 433.7 billion yuan, and it has consistently ranked among the top 500 companies globally for several years.

At the signing ceremony, Luo Jianchuan, General Manager of Chinalco, emphasized that the company will play a supportive role in shaping a sustainable development strategy for Gongyi’s aluminum industry. This includes sending technical experts to conduct research and provide professional training, enhancing R&D efforts through joint projects, and supporting investment activities that strengthen the industrial chain. Chinalco will also assist in securing raw material supplies, managing pricing strategies, and exploring alternative materials for local enterprises. In addition, the company will offer technical equipment and experimental support to foster innovation within the region.

Shu Qing, a member of the Standing Committee of the Municipal Party Committee and Secretary of the Gongyi Municipal Party Committee, highlighted the city’s ongoing efforts to increase the value of its aluminum products through deep processing. The goal is to achieve a high-performance aluminum alloy output of 1 million tons annually by 2016, generating 20 billion yuan in output value. Additionally, the annual production of aluminum sheets and foils is expected to exceed 3.5 million tons, with sales revenue surpassing 60 billion yuan. Through this collaboration, Gongyi pledges to protect Chinalco’s interests, provide better services, and jointly explore new markets. The partnership aims not only to drive industrial transformation in Gongyi but also to serve as a model for upgrading traditional industries across the province.

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