Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

FURTHER ANNOUNCEMENT REGARDING DEVELOPMENT OF THE AURUKUN PROJECT WITH THE QUEENSLAND STATE GOVERNMENT OF AUSTRALIA

In the announcement of Aluminum Corporation of China Limited (the “Company”) dated 30

June 2010, it was mentioned that the Development Agreement between the Queensland State Government and the Company was terminated automatically upon its expiry on 30 June 2010 and that both parties would continue to explore other possible ways for the development of the bauxite resources in Aurukun. Recently, the Queensland State Government has terminated such further discussions. As at the date hereof, the book value of the expenditure incurred for the project was for an amount equivalent to approximately RMB340 million, for which the Company will evaluate the amount recoverable and to make corresponding provision for impairment.

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By order of the board of directors Aluminum Corporation of China Limited* Liu Qiang

Company Secretary

Beijing, the PRC

1 July 2011

A s a t t h e d a t e o f t h i s a n n o u n c e m e n t , t h e m e m b e r s o f t h e b o a r d o f d i r e c t o r s c o m p r i s e M r . X i o n g W e i p i n g , M r . L u o J i a n c h u a n , M r . L i u C a i m i n g a n d M r . L i u X i a n g m i n (Executive Directors); Mr. Shi Chungui and Mr. Lv Youqing (Non-executive Directors); Mr. Zhang Zhuoyuan, Mr. Wang Mengkui and Mr. Zhu Demiao (Independent Non-executive Directors).

* For identification purpose only

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