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.



CLARIFICATION ANNOUNCEMENT

The board of directors (the "Board") of Aluminum Corporation of China Limited* (the "Company", together with its subsidiaries, the "Group") noted the "MLR's 2015 Notice on Indicators for Controlling the Aggregate Mining Volume of Rare Earth Ore and Tungsten Ore" ( 2015
�}) (the "MLR's Notice"), which was recently published on the website of the Ministry
of Land and Resources. The Company hereby illustrates the following facts in light of the
MLR's Notice:

I. SUMMARy OF ThE MLR'S NOTICE

"The consolidation and reorganization proposal of six rare earth resource enterprises, namely China Minmetals Corporation, Aluminum Corporation of China, Baotou Iron and Steel Group Co., Ltd., Xiamen Tungsten Corp., Ganzhou Rare Earth Group Co., Ltd. and Guangdong Rare Earth Industry Group Co., Ltd., has been approved and filed with competent authorities. In order to facilitate the adjustment and optimization of the structure of the rare earth industry and according to the strategies and requirements of the State Council to speed up the implementation of the rare earth enterprises

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group, the indicators for enterprises that are listed into the rare earth enterprises group and have completed consolidation and reorganization will be separately set under the aggregate indicators of the province (region) and will be designated to rare earth mining enterprises by the competent authorities of land and resources at the provincial level based on the separately-set indicators, while the indicators for enterprises that are not listed into the group or have not completed consolidation and reorganization will be continuingly assigned by the competent authorities of land and resources at the provincial (regional) level."
The Chinese version of the full text on the MLR's Notice:
http://www.mlr.gov.cn/zwgk/zytz/201505/t20150514_1350621.htm

II. CLARIFICATION

(I) Aluminum Corporation of China mentioned in the MLR's Notice refers to the controlling shareholder of the Company.
(II) The Company had published a clarification announcement previously on 8 August
2014 to clarify that our "operation scope does not involve rare earth business". As at the date of this announcement, there are no changes on this regard. The operation scope of the Company does not involve rare earth business.
(III) For information disclosed by the Company, announcements shall prevail.
Securities Times is the media designated by the Company for information disclosure. Public investors are advised to invest rationally and be aware of risks.
Beijing, the PRC
15 May 2015
By order of the Board

Aluminum Corporation of China Limited* Xu Bo

Company Secretary

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 Sihang, Frederick and Ms. Chen Lijie (Independent Non-executive Directors).

* For identification purposes only

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