State Aluminum Giant Hires New Chairman to Fill Months-Long Vacancy

What’s new: State-owned Aluminum Corp. of China, the world’s largest aluminum producer, has hired Duan Xiangdong from a state-run heavy equipment company as its new chairman, filling a position that has been vacant for more than five months.

Duan, 54, also took up the post of party secretary at the firm, also known as Chinalco, according to a notice published on the company’s website on Friday.

What’s the background: Before joining Chinalco, Duan was general manager, deputy party secretary and director of China First Heavy Industries Co. Ltd., a state-owned enterprise (SOE) that manufactures heavy equipment for the steelmaking, mining, and petrochemical industries, from October 2021 until this month.