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 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   March 2, 2005       

By                 /s/    Liu Qiang                     
Name: Liu Qiang
Title: Company Secretary

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liabilities whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents 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)

CLARIFICATION ANNOUNCEMENT

The Board further clarifies that financing of future overseas acquisition project will depend on the financial position of the Company at the time of the successful acquisition.

The board of directors (the "Board") of the Company would like to clarify the related coverage of the Aurukun Project after Mr. Chen Jihua, an Executive Director of the Company, was interviewed by Dow Jones on 24 February 2005. The Board further clarifies that the Company is one of the approximately 10 applicants who have expressed interest to participate in the international competitive bidding of the Aurukun Project. The Company, as one of the applicants, is yet to submit its formal bidding for the Aurukun Project. In accordance with the information provided by the Queensland Government, the Aurukun Project has sizable bauxite reserves. Information relating to the Aurukun Project and the expression of interest by the Company to participate in the Aurukun Project was published by the Queensland Government on its website on 24 November 2004.

The Board further clarifies that financing of any overseas acquisition project will depend on the financial position of the Company at the time of the successful acquisition.

The Board has also noted the recent increases in the trading volume of the H Shares of the Company and wish to state that the Board is not aware of any reasons for such increases.

The Board also confirms that save as disclosed in this announcement, there are no negotiations or agreements relating to intended acquisitions or realizations which are discloseable under Rule 13.23, neither is the Board aware of any matter discloseable under the general obligation imposed by Rule 13.09, which is or may be of a price-sensitive nature.

As at the date hereof, the Executive Directors are Mr. Xiao Yaqing, Mr. Xiong Weiping, Mr. Luo Jianchuan, Mr. Chen Jihua (Executive Directors), Mr. Joseph C. Muscari, Mr. Chen Xiaozhou (Non-Executive Directors) and Mr. Chiu Chi Cheong, Clifton, Mr. Wang Dianzuo and Mr. Kang Yi (Independent Non-Executive Directors).

Made by the order of the Board of Aluminum Corporation of China Limited, the Directors of which individually and jointly accept responsibility for the accuracy of this announcement.