1934 ACT FILE NO. 001-15264

         Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

         Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(1): __________

         Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(7): __________

         Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

         If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-              

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date  April 29, 2015       

By                 /s/    Xu Bo                     
Name: Xu Bo
Title: Company Secretary

Certain statements contained in this announcement may be regarded as "forward-looking statements" within the meaning of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this announcement represent the Company's views as of the date of this announcement. While the Company anticipates that subsequent events and developments may cause the Company's views to change, the Company specifically disclaims any obligation to update these forward-looking statements, unless required by applicable laws. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this announcement.

Aluminum Corporation of China Limited*
(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2600)

2015 FIRST QUARTERLY REPORT

This announcement is made pursuant to Part XIVA of the Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong) and Rule 13.09 and Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited by Aluminum Corporation of China Limited* (the "Company", or together with its subsidiaries, the "Group").

1.

IMPORTANT NOTICE

1.1

The board of directors, the supervisory committee, the directors, supervisors and senior management members of the Company guarantee the truthfulness, accuracy and completeness of this quarterly report, that it contains no false representation, misleading statement or material omission, and assume several and joint liabilities.

1.2

All the directors of the Company attended the Board meeting and reviewed the quarterly report.

1.3

Ge Honglin, Person-in-charge of the Company, Xie Weizhi, Person-in-charge of Accounting, Gao Xingfang, Head of the Accounting Department warrant the truthfulness, accuracy and completeness of the financial statements in this quarterly report.

1.4

The first quarterly report of the Company has not been audited.

2.

PRINCIPAL FINANCIAL DATA OF THE COMPANY AND THE CHANGES OF SHAREHOLDERS

2.1

Principal financial data

Unit: '000 Currency: RMB

31 March 2015

31 December 2014

Increase/Decrease

(%)

Total assets

195,060,202

192,631,971

1.26

Net assets attributable to owners of the parent

28,418,250

28,275,687

0.50

2015
(January - March)

2014
(January - March)

Increase/Decrease
(%)

Net cash flow from operating activities

-112,741

154,942

-172.76

Revenue

27,388,598

35,241,718

-22.28

Profit attributable to owners of the parent

63,071

-2,156,527

N/A

Profit attributable to owners of the parent after excluding
    extraordinary gains and losses

-881,625

-2,233,123

N/A

Weighted average rate of return on net assets (%)

0.22

-5.10

N/A

Basic earnings per share (RMB per share)

0.005

-0.159

N/A

Diluted earnings per share (RMB per share)

0.005

-0.159

N/A

Gains and losses arising from extraordinary items and amount

Unit: '000 Currency: RMB

Items

(January - March)

Gains/(Losses) on disposal of non-current assets

4,840

Government subsidies included in the gains and losses for the reporting period (excluding
    government subsidies closely related to the ordinary business of the Group and are granted on
    an ongoing basis under the state's policies according to certain standard amount or quantity)

376,919

Investment income from financial products

34,913

Except for the hedging business that is related to the ordinary business of the Group, the fair value gains
    or losses arising from held-for-trading financial assets and liabilities and investment income
    on disposing held-for-trading financial assets and liabilities and available-for-sale financial assets

54,953

Write back of the provision for impairment of receivables that are individually tested for impairment

18,507

Gains/(Losses) on external entrusted loans

3,957

Other non-operating income and expenses other than above items

71,139

Investment gains from disposal of joint ventures

440,835

Non-controlling interests effect (after tax)

-16,567

Income tax effect

-44,800

Total

944,696

2.2

Total number of shareholders, the top ten shareholders and the top ten shareholders of tradable shares (or shareholders not subject to trading moratorium) as at the end of the reporting period

Unit: Share

Total number of shareholders

489,107

Shareholding status of top ten shareholders

Name of shareholders (in full)

Number of shares held at the end of the period

Percentage

Number of shares held subject to trading moratorium

Pledged or frozen status

Nature of shareholders

Share status

Number

(%)

Aluminum Corporation of China

5,214,407,195

38.56%

0

None

0

State-owned legal person

HKSCC Nominees Limited

3,928,254,355

29.05%

0

Unknown

0

Foreign legal person

China Cinda Asset Management Co., Ltd.
     ()

312,903,627

2.31%

0

None

0

State-owned legal person

Baotou Aluminum (Group) Co., Ltd.

301,217,795

2.23%

0

None

0

State-owned legal person

China Construction Bank Corporation

89,688,839

0.66%

0

None

0

State-owned legal person

Guodu Securities Co., Ltd. Margin Clients'
    Securities Collateral Accounts
     (
    )

83,434,379

0.62%

0

None

0

Unknown

Huatai Securities Company Limited
     Margin Clients' Securities
     Collateral Accounts
     (
    )

67,984,815

0.50%

0

None

0

Unknown

Lanzhou Aluminum Factory

62,472,482

0.46%

0

None

0

State-owned legal person

    )

60,328,518

0.45%

0

None

0

Unknown

Guotai Junan Securities Co., Ltd. Margin Clients'
     Securities Collateral Accounts
     (
    )

59,090,577

0.44%

0

None

0

Unknown

The top ten shareholders not subject to trading moratorium

Name of shareholders

Number of tradable shares not subject to trading moratorium held

Class and number of shares

Class

Number

Aluminum Corporation of China

5,214,407,195

RMB denominated ordinary shares

5,214,407,195

HKSCC Nominees Limited

3,928,254,355

Overseas listed foreign shares

3,928,254,355

China Cinda Assets Management Corporation

312,903,627

RMB denominated ordinary shares

312,903,627

Baotou Aluminum (Group) Co., Ltd.

301,217,795

RMB denominated ordinary shares

301,217,795

China Construction Bank Corporation Limited

89,688,839

RMB denominated ordinary shares

89,688,839

Guodu Securities Co., Ltd. Margin Clients'
     Securities Collateral Accounts
    (
    )

83,434,379

RMB denominated ordinary shares

83,434,379

Huatai Securities Company Limited Margin Clients'
     Securities Collateral Accounts
    (
    )

67,984,815

RMB denominated ordinary shares

67,984,815

Lanzhou Aluminum Factory

62,472,482

RMB denominated ordinary shares

62,472,482

China Galaxy Securities Co., Ltd. Margin Clients'
     Securities Collateral Accounts
     (
    )

60,328,518

RMB denominated ordinary shares

60,328,518

Guotai Junan Securities Co., Ltd. Margin Clients'
     Securities Collateral Accounts
     (
    )

59,090,577

RMB denominated ordinary shares

59,090,577

Connected relationship or concert-party
     relationship among the above shareholders

The number of shares of Aluminum Corporation of China does not contain the A shares of the Company held indirectly by Batou Aluminum (Group) Co., Ltd., Lanzhou Aluminum Factory, Guiyang Aluminum Magnesium Design and Research Institute Co., Ltd. and Shanxi Aluminum Plant. Aluminum Corporation of China and its subsidiaries altogether hold 5,589,357,299 shares of the Company and 41.33% of voting rights.

3.

SIGNIFICANT EVENTS

3.1

Material changes in major accounting items and financial indicators and the reasons thereof

1.

Financial assets at fair value through profit or loss for the period decreased by 75%, mainly attributable to the drop in the floating profit of the futures contracts held by the Group at the end of the period.

2.

Notes receivable decreased by 37%, mainly attributable to the increase in the payments for notes by the Group.

3.

Prepayments increased by 39%, mainly attributable to the increase in some of the trade prepayments of the Group so as to lock in the procurement price.

4.

Other current assets decreased by 57%, mainly attributable to the redemption of the short-term investments of the Group.

5.

Available-for-sale financial assets increased by 65%, mainly attributable to the increase in the fair value of the available-for-sale financial assets held by the Group.

6.

Construction materials increased by 37%, mainly attributable to the use of construction materials of the Group.

7.

Financial liabilities at fair value through profit or loss for the period increased by 92%, mainly attributable to the floating losses of the futures contracts held by the Group at the end of the period.

8.

Advances from customers increased by 66%, mainly attributable to some of the payments for selling the products received in advance by the Group as agreed under the contracts.

9.

Taxes payable increased by 32%, mainly attributable to the increase in the circulation tax payable as a result of the increase in the gross profit of the Group.

10.

Interest payable decreased by 34%, mainly attributable to the repayment of debenture interests due made by the Group.

11.

Debentures payable increased by 33%, mainly attributable to the increase in the medium-term notes and long-term bonds issued by the Group for the purpose of improving its debt structure.

12.

Business tax and surcharges increased by 66%, mainly attributable to the increase in tax as a result of the rise in the gross profit of the Group.

13.

Loss on impairment of assets decreased by 146%, mainly attributable to the increase in gross profit of the Group, resulting in the reversal of provision for decline in value inventories.

14.

The investment income increased by 299%, mainly attributable to the recognition of the gains from the disposal of the equity interests in the associated company by the Group.

15.

Non-operating expenses decreased by 47%, mainly attributable to the decrease in the expenses on donations of the Group.

16.

The production and operations of the Group in the first quarter had improved as compared to the corresponding period last year. The gross profit margin increased by 4.76 percentage points, while the production costs of primary aluminum and alumina, the principal products, decreased by approximately 7% and 8% year-on-year respectively.

3.2

Progress of significant events and effects thereof and analysis on solutions

3.3

Implementation of undertakings by the Company and its shareholders with shareholding of 5% or more

Aluminum Corporation of China (hereafter referred to as "Chinalco") has undertaken that the Company shall, within a certain period upon the listing of the A shares of the Company, acquire the proposed pseudo-boehmite business of Chinalco. Upon the request from the Company to acquire the proposed pseudo-boehmite business of Chinalco, Chinalco shall, under the principle of fairness and reasonableness, dispose of the said business to the Company at a fair price.

Up till now, both Shanxi Aluminum Plant, a wholly-owned subsidiary of Chinalco, and the Shandong branch of the Company had minor activities in the pseudo-boehmite business. However, as the pseudo-boehmite business is not among the principal activities of the Company, and the pseudo-boehmite business in Shanxi Aluminum Plant of Chinalco was of a small scale, the acquisition of such assets will incur additional cash expenditure and will not improve the Company's performance.

The Company and Chinalco will strive to resolve the problem of horizontal competition on pseudo-boehmite business as the opportune time arises with reference to the market situations within five years since 1 January 2014.

3.4

Warning on any potential loss in accumulated net profit for the period from the beginning of the year to the end of the next reporting period or any material change from the corresponding period last year and the reason thereof

Aluminum Corporation of China Limited*

Legal representative: Ge Honglin

28 April 2015

IV.

APPENDICES

4.1

Financial Statements

Consolidated Balance Sheet

As at 31 March 2015

Prepared by: Aluminum Corporation of China Limited*

Unit: '000 Currency: RMB Audit type: unaudited

Items

31 March 2015

31 December 2014

Current assets:

     Monetary capital

19,130,824

17,932,190

     Financial assets at fair value through profit or loss for the period

30,643

120,901

     Derivative financial assets

     Notes receivable

1,467,120

2,332,964

     Accounts receivable

3,718,242

2,979,611

     Prepayments

4,539,795

3,266,451

     Interest receivable

127,033

103,060

     Dividends receivable

125,159

125,159

     Other receivables

8,299,184

6,733,911

     Inventories

25,936,679

22,441,448

     Assets classified as held-for-sale

     Non-current assets due within one year

29,326

29,371

     Other current assets

3,220,897

7,409,317

     Total current assets

66,624,902

63,474,383

Non-current assets:

    Financial assets available for sale

123,190

74,850

    Held-to-maturity investments

    Long-term receivables

    Long-term equity investments

6,854,377

7,366,715

    Investment properties

    Fixed assets

82,040,563

83,651,644

    Construction in progress

11,735,104

10,269,333

    Construction materials

152,445

111,398

    Disposals of fixed assets

295,374

275,759

    Intangible assets

11,847,772

11,907,330

    Goodwill

2,345,026

2,345,057

    Long-term deferred expenditures

312,713

317,275

    Deferred income tax assets

959,102

952,057

    Other non-current assets

11,769,634

11,886,170

    Total non-current assets

128,435,300

129,157,588

    Total assets

195,060,202

192,631,971

Current liabilities:

    Short-term borrowings

39,037,268

40,792,689

    Financial liabilities at fair value through profit or loss for the period

56,533

29,384

    Notes payable

5,574,625

5,234,103

    Accounts payable

10,490,753

10,514,248

    Payments received in advance

4,477,119

2,697,439

    Staff remuneration payable

791,467

865,499

    Taxes payable

597,501

454,141

    Interest payable

605,217

923,930

    Dividends payable

167,674

187,228

    Other payables

7,871,764

7,560,534

    Non-current liabilities due within one year

10,658,798

11,431,220

    Other current liabilities

17,521,577

23,545,151

    Total current liabilities

97,850,296

104,235,566

Non-current liabilities:

    Long-term borrowings

27,702,989

25,373,482

    Debentures payable

24,212,947

18,235,831

    Including: Preference shares

                     Perpetual debentures

    Long-term payables

2,127,462

1,931,192

    Long-term staff remuneration payable

1,131,044

1,128,572

    Special payables

104,080

104,080

    Projected liabilities

109,228

108,510

    Deferred gains

859,766

824,631

    Deferred income tax liabilities

1,054,754

1,061,265

    Other non-current liabilities

0

0

    Total non-current liabilities

57,302,270

48,767,563

    Total liabilities

155,152,566

153,003,129

Owner's equity

    Share capital

13,524,488

13,524,488

    Other equity instruments

    Including: Preference shares

                     Perpetual debentures

    Capital reserve

13,772,176

13,772,176

    Less: Treasury stock

    Other comprehensive income

-155,901

-187,299

    Special reserve

235,953

187,858

    Surplus reserve

5,867,557

5,867,557

    Retained earnings

-4,826,023

-4,889,093

    Total owner's equity attributable to the owners of the parent

28,418,250

28,275,687

    Non-controlling interest

11,489,386

11,353,155

    Total owner's equity

39,907,636

39,628,842

    Total liabilities and owner's equity

195,060,202

192,631,971

Legal Representative:

Person-in-charge of Accounting:

Head of Accounting Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

Balance Sheet of the Parent Company

As at 31 March 2015

Prepared by: Aluminum Corporation of China Limited*

Unit: '000 Currency: RMB Audit type: unaudited

Items

31 March 2015

31 December 2014

Current assets:

    Monetary capital

9,665,702

7,820,444

    Financial assets at fair value through profit or loss for the period

24,729

0

    Notes receivable

180,763

636,917

    Accounts receivable

1,465,170

1,269,061

    Prepayments

108,340

230,885

    Interest receivable

105,631

72,665

    Dividends receivable

258,228

217,180

    Other receivables

11,036,589

7,652,457

    Inventories

9,076,167

11,089,803

    Assets classified as held-for-sale

    Non-current assets due within one year

28,000

28,000

    Other current assets

620,231

3,277,224

    Total current assets

32,569,550

32,294,636

Non-current assets:

    Financial assets available-for-sale

55,340

7,000

    Held-to-maturity investments

    Long-term receivables

    Long-term equity investments

31,613,725

29,119,243

    Investment properties

    Fixed assets

37,173,589

41,494,927

    Construction in progress

2,850,143

2,534,225

    Construction materials

34,752

35,176

    Disposals of fixed assets

264,989

269,277

    Intangible assets

2,283,681

2,409,928

    Goodwill

2,330,945

2,330,945

    Long-term deferred expenditures

37,137

51,064

    Deferred income tax assets

291,822

291,822

    Other non-current assets

3,672,155

3,607,592

    Total non-current assets

80,608,278

82,151,199

    Total assets

113,177,828

114,445,835

Current liabilities:

    Short-term borrowings

19,845,000

22,335,000

    Financial liabilities at fair value through profit or loss for the period

288

0

    Notes payable

500,000

500,000

    Accounts payable

4,192,755

5,292,515

    Payments received in advance

194,591

296,378

    Staff remuneration payable

391,819

552,783

    Taxes payable

169,010

154,650

    Interest payable

338,229

724,397

    Dividends payable

    Other payables

4,707,686

4,641,018

    Liabilities classified as held-for-sale

    Non-current liabilities due within one year

7,093,304

7,303,304

    Other current liabilities

17,513,190

23,536,390

    Total current liabilities

54,945,872

65,336,435

Non-current liabilities:

    Long-term borrowings

7,759,301

6,104,341

    Debentures payable

23,812,947

17,835,831

    Including: Preference shares

                     Perpetual debentures

    Long-term payables

    Long-term staff remuneration payable

694,960

858,430

    Special payables

92,780

92,780

    Projected liabilities

    Deferred gains

349,132

365,965

    Deferred income tax liabilities

    Other non-current liabilities

    Total non-current liabilities

32,709,120

25,257,347

    Total liabilities

87,654,992

90,593,782

Owner's equity:

    Share capital

13,524,488

13,524,488

    Other equity instruments

    Including: Preference shares

                     Perpetual debentures

    Capital reserve

14,641,782

14,641,782

    Less: Treasury stock

    Other comprehensive income

48,340

    Special reserve

73,374

56,844

    Surplus reserve

5,867,557

5,867,557

    Retained earnings

-8,632,705

-10,238,618

    Total owner's equity

25,522,836

23,852,053

    Total liabilities and owner's equity

113,177,828

114,445,835

Legal Representative:

Person-in-charge of Accounting:

Head of Accounting Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

Consolidated Income Statement

January to March 2015

Prepared by: Aluminum Corporation of China Limited*

Unit: '000 Currency: RMB Audit type: unaudited

Items

2015
January to March

2014
January to March

I.

Total operating revenue

27,388,598

35,241,718

Including:

Operating revenue

27,388,598

35,241,718

II.

Total cost of operations

28,317,144

37,690,839

Including:

Operating cost

25,905,832

35,012,918

Business tax and surcharges

92,387

55,615

Selling expenses

454,047

420,349

Administrative expenses

524,649

621,172

Finance expenses

1,458,450

1,325,754

Loss on assets impairment

-118,221

255,031

Add:

Gains on fair value changes

    (loss stated with "-")

-82,384

-75,576

Investment income (loss stated with "-")

707,890

177,274

Including:

Investment income from associated companies
     and joint ventures

94,806

125,604

Foreign currency exchange gains (loss stated with "-")

III.

Operating profit (loss stated with "-")

-303,040

-2,347,423

Add:

Non-operating income

454,808

133,917

Including:

gains on disposal of non-current assets

4,870

177

Less:

Non-operating expenses

1,911

3,599

Including:

Loss from disposal of non-current assets

30

6

IV.

Total profit (total loss stated with "-")

149,857

-2,217,105

Less:

Income tax expenses

61,608

16,433

V.

Net profit (net loss stated with "-")

88,249

-2,233,538

Net profit attributable to owners of the parent company

63,071

-2,156,527

Non-controlling interests

25,178

-77,011

VI.

Other comprehensive income net of tax

31,398

53,122

Other comprehensive income net of tax attributable to the owners of the parent company

31,398

53,122

(i)

Other comprehensive income that will not be reclassified into profit
    or loss subsequently

1.

Changes arising from re-measurement of net liabilities or net
    assets of defined benefit plans

2.

Share of other comprehensive income (that will not be reclassified
     to profit or loss subsequently) of investees accounted for
     using equity method

(ii)

Other comprehensive income that will be reclassified to
    profit or loss subsequently

31,398

53,122

1.

Share of other comprehensive income (that will be reclassified to
    profit or loss subsequently) of investees accounted for
    using equity method

2.

Gain or loss from changes in the fair values of available-for-sale
    financial assets

48,340

0

3.

Gain or loss from reclassifying held-to-maturity investments to
    available-for-sale financial assets

4.

Effective portion of gain or loss from cash flow hedges

5.

Exchange differences on foreign currency translation

-16,942

53,122

6.

Others

Other comprehensive income net of tax attributable to the non-controlling shareholders

VII.

Total comprehensive income

119,647

-2,180,416

Total comprehensive income attributable to owners of the parent

94,469

-2,103,405

Total comprehensive income attributable to non-controlling shareholder

25,178

-77,011

VIII.

Earnings per share:

(i)

Basic earnings per share (RMB/share)

0.005

-0.159

(ii)

Diluted earnings per share (RMB/share)

0.005

-0.159

Legal Representative:

Person-in-charge of Accounting:

Head of Accounting Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

Income Statement of the Parent Company

January to March 2015

Prepared by: Aluminum Corporation of China Limited*

Unit: '000 Currency: RMB Audit type: unaudited

Items

2015
January to March

2014
January to March

I.

Operating revenue

8,662,640

10,226,239

Less:

Operating Costs

8,275,584

10,558,709

Business tax and surcharges

43,033

31,798

Selling expenses

200,160

266,933

Administrative expenses

258,980

338,418

Finance expenses

861,154

804,081

Loss on assets impairment

-65,173

54,109

Add:

Gains on fair value changes (loss stated with "-")

24,441

0

Investment income (loss stated with "-")

2,179,891

25,026

Including:

Investment income from associated companies and
    joint ventures

29,650

14,904

II.

Operating profit (loss stated with "-")

1,293,234

-1,802,783

Add:

Non-operating income

313,970

63,557

Including:

Gain on disposal of non-current assets

918

Less:

Non-operating expenses

1,290

1,110

Including:

Loss from disposal of non-current assets

13

6

III.

Total profit (total loss stated with "-")

1,605,914

-1,740,336

Less:

Income tax expenses

0

-14,784

IV.

Net profit (net loss stated with "-")

1,605,914

-1,725,552

V.

Other comprehensive income net of tax

48,340

(i)

Other comprehensive income that will not be reclassified into
     profit or loss subsequently

1.

Changes arising from re-measurement of net liabilities or
    net assets of defined benefit plans

2.

Share of other comprehensive income (that will not be
    reclassified to profit or loss subsequently) of investees
    accounted for using equity method

(ii)

Other comprehensive income that will be reclassified to profit
    or loss subsequently

48,340

1.

Share of other comprehensive income (that will be
    reclassified to profit or loss subsequently) of investees
    accounted for using equity method

2.

Gain or loss from changes in the fair value of
    available-for-sale financial assets

48,340

3.

Gain or loss from reclassifying held-to-maturity
    investments to available-for-sale financial assets

4.

Effective portion of gain or loss from cash flow hedges

5.

Exchange differences on foreign currency translation

6.

Others

VI.

Total comprehensive income

1,654,254

-1,725,552

Legal Representative:

Person-in-charge of Accounting:

Head of Accounting Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

Consolidated Cash Flow Statement

January to March 2015

Prepared by: Aluminum Corporation of China Limited*

Unit: '000 Currency: RMB Audit type: unaudited

Items

2015
January to March

2014
January to March

I.

Cash flow from operating activities:

Cash received from product sales and rendering of services

32,043,455

39,881,635

Refund of tax and levies received

7,724

13,566

Other cash received relating to operating activities

1,073,041

206,970

Sub-total of cash inflow from operating activities

33,124,220

40,102,171

Cash paid for purchase of goods and receipt of services

29,431,254

36,032,724

Cash paid to and on behalf of employees

1,500,058

1,422,913

Taxes and surcharges paid

1,037,869

751,104

Other cash paid relating to operating activities

1,267,780

1,740,488

Sub-total of cash outflow from operating activities

33,236,961

39,947,229

Net cash flow from operating activities

-112,741

154,942

II.

Cash flows from investment activities:

Cash received from disposal of investments

348,156

0

Cash received from returns on investments

171,442

44,633

Net cash received from disposal of fixed assets, intangible assets
    and other long-term assets

6,569

603

Net cash received from disposal of subsidiaries and other operating entities

0

10,000

Other cash received relating to investment activities

4,962,344

259,106

Sub-total of cash inflow from investment activities

5,488,511

314,342

Cash paid to acquire fixed assets, intangible assets and other long-term assets

1,835,210

2,008,523

Cash paid for investment

0

1,169,686

Net cash paid for acquisition of subsidiaries and other operating entities

0

29,136

Other cash paid relating to investment activities

290,651

88,046

Sub-total of cash outflow from investment activities

2,125,861

3,295,391

Net cash flows from investment activities

3,362,650

-2,981,049

III.

Cash flow from financing activities:

Proceeds received from investments

101,000

48,031

Including:

Proceeds received by subsidiaries from
    non-controlling shareholders' investment

101,000

48,031

Cash received from borrowings

11,863,176

15,891,256

Cash received from issue of debentures

13,000,000

14,000,000

Other cash received relating to financing activities

383,655

21,000

Sub-total of cash inflow from financing activities

25,347,831

29,960,287

Cash paid for repayment

24,792,251

22,120,228

Cash paid for dividend and profit distribution or interest repayment

2,069,568

1,449,596

Including:

Dividend and profit paid by subsidiaries to non-controlling shareholders

19,554

0

Other cash paid relating to financing activities

87,373

33,000

Sub-total of cash outflow from financing activities

26,949,192

23,602,824

Net cash flows from financing activities

-1,601,361

6,357,463

IV.

Effect on cash and cash equivalents due to change in foreign currency
    exchange rate

-10,997

-64,280

V.

Net increase in cash and cash equivalents

1,637,551

3,467,076

Add:

Balance of cash and cash equivalents at the beginning of the period

16,268,600

11,381,695

VI.

Balance of cash and cash equivalents at the end of the period

17,906,151

14,848,771

Legal Representative:

Person-in-charge of Accounting:

Head of Accounting Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

Cash Flow Statement of the Parent Company

January to March 2015

Prepared by: Aluminum Corporation of China Limited*

Unit: '000 Currency: RMB Audit type: unaudited

Items

2015
January to March

2014
January to March

I.

Cash flow from operating activities:

Cash received from product sales and rendering of services

9,355,658

10,651,583

Refund of tax and levies received

0

13,566

Other cash received relating to operating activities

501,020

84,713

Sub-total of cash inflow from operating activities

9,856,678

10,749,862

Cash paid for purchase of goods and receipt of services

7,129,467

10,884,012

Cash paid to and on behalf of employees

796,548

933,205

Taxes and surcharges paid

335,361

405,648

Other cash paid relating to operating activities

759,250

791,994

Sub-total of cash outflow from operating activities

9,020,626

13,014,859

Net cash flow from operating activities

836,052

-2,264,997

II.

Cash flows from investment activities:

Cash received from disposal of investments

348,156

0

Cash received from returns on investments

1,499,109

6,731

Net cash received from disposal of fixed assets, intangible assets and
    other long-term assets

4,376

0

Net cash received from disposal of subsidiaries and other operating entities

0

10,000

Other cash received relating to investment activities

2,718,547

1,023,000

Sub-total of cash inflow from investment activities

4,570,188

1,039,731

Cash paid to acquire fixed assets, intangible assets and other long-term assets

501,079

561,184

Cash paid for investment

178,522

17,200

Net cash paid for acquisition of subsidiaries and other operating entities

63,488

0

Other cash paid relating to investment activities

260,000

650,000

Sub-total of cash outflow from investment activities

1,003,089

1,228,384

Net cash flows from investment activities

3,567,099

-188,653

III.

Cash flows from financing activities:

Proceeds received from investments

0

0

Cash received from borrowings

4,850,000

6,895,000

Cash received from issuance of bonds

13,000,000

14,000,000

Other cash received relating to financing activities

0

21,000

Sub-total of cash inflow from financing activities

17,850,000

20,916,000

Cash paid for repayment

18,685,040

12,754,575

Cash paid for dividend and profit distribution or interest repayment

1,407,144

800,752

Other cash paid relating to financing activities

85,875

12,000

Sub-total of cash outflow from financing activities

20,178,059

13,567,327

Net cash flows from financing activities

-2,328,059

7,348,673

IV.

Effect on cash and cash equivalents due to change in foreign currency
    exchange rate

-3,589

-383

V.

Net increase in cash and cash equivalents

2,071,503

4,894,640

Add:

Balance of cash and cash equivalents at the beginning of the period

7,567,985

4,890,967

VI.

Balance of cash and cash equivalents at the end of the period

9,639,488

9,785,607

Legal Representative:

Person-in-charge of Accounting:

Head of Accounting Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

As at the date of this announcement, the members of the board of directors comprise Mr. Ge Honglin, Mr. Luo Jianchuan, Mr. Liu Xiangmin and Mr. Jiang Yinggang (Executive Directors); Mr. Liu Caiming and Mr. Wang Jun (Non-executive Directors); Mr. Ma Si-hang, Frederick and Ms. Chen Lijie (Independent Non-executive Directors).

* For identification purposes only

About the Company

Our contact information of this release is:

*

Business address: No. 62 North Xizhimen Street, Haidian District, Beijing, People's Republic of China, 100082

*

Telephone number: (86-10) 8229 8103

*

Website: http://www.chalco.com.cn

*

Contact person: Xu Bo, Company Secretary