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): __________

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         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 26, 2011       

By                 /s/    Liu Qiang                     
Name: Liu Qiang
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.

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.

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

(Stock Code: 2600)

Reference is made to the Announcement of the Company dated 29 July 2010 in respect of the Joint Development Agreement signed by the Company with Rio Tinto for the development and operation of the Simandou Project in Guinea in west Africa.

Rio Tinto and the Government of Guinea signed a settlement agreement on 22 April 2011, pursuant to which the Government of Guinea has the right to take a stake of up to 35% in the Simandou Project, including 15% at no cost to the Government of Guinea.

Reference is made to the announcement of the Company dated 29 July 2010 (the "Announcement") in respect of the Joint Development Agreement with Rio Tinto for the development and operation of the Simandou Project in Guinea in west Africa. Pursuant to the Joint Development Agreement, the Company will acquire by stages up to a 47% equity interest in the JV Co. between the Company and Rio Tinto, which will hold 95% interest in the Project Company for the development of the Simandou Project. Capitalised terms used herein have the same meanings as defined in the Announcement unless otherwise specified. In the Announcement, it was disclosed that the Government of Guinea is entitled to exercise the GoG Option to acquire up to 20% of the share capital of the Project Company.

UPDATE ON THE SIMANDOU PROJECT

The Board wishes to advise that, on 22 April 2011, Rio Tinto and the Government of Guinea have signed a settlement agreement pursuant to which the Government of Guinea has the right to take a stake of up to 35% in the Simandou Project, including 15% at no cost to the Government of Guinea, as follows:

within 2 years of the grant of the presidential decrees granting the mining concession and the approval of the joint venture (the "Presidential Decrees"): 7.5% non-contributing stake and 10% fully contributing stake at historic cost in the Simandou Project;

5 years from the grant of the Presidential Decrees: a further 7.5% non-contributing stake;

15 years from the grant of the Presidential Decrees: 5% fully contributing stake at market value; and

20 years from the grant of the Presidential Decrees: 5% fully contributing stake at market value.

Rio Tinto and the Government of Guinea also agreed on the tax and royalties arrangement and rail line construction plan for the Simandou Project in the settlement agreement.

By order of the Board

Aluminum Corporation of China Limited*

Liu Qiang

Company Secretary

Beijing, the PRC

26 April 2011

As at the date of this announcement, the members of the Board of Directors comprise Mr. Xiong Weiping, Mr. Luo Jianchuan and Mr. Liu Xiangmin (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.

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: Liu Qiang, Company Secretary