Century Aluminum’s proposed USD 4 billion primary aluminum smelter in Inola, Oklahoma, is “moving forward on all fronts” as the company prepares for construction, despite local opposition and legal challenges, CEO Jesse Gary said during the company’s third-quarter earnings call. Developed jointly by Century Aluminum and Emirates Global Aluminium (EGA), the project is designed to produce 750,000 tonnes of primary aluminum annually, potentially doubling U.S. primary aluminum production. The facility is expected to create thousands of direct and indirect jobs and add USD 1.5 billion to Oklahoma’s gross domestic product, according to company estimates. The partners had targeted construction to begin by the end of 2026. However, local restrictions and permitting challenges have affected the...
LME aluminium stocks declined by more than half during the first nine months of 2026, falling by 267,875 tonnes from 509,250 tonnes on January 2 to 241,375 tonnes on September 30 (52.6 per cent). The decline continued throughout the period, with average warehouse inventories falling each month. Compared with the same period in 2025, monthly average stocks were lower across all nine months, with the gap widening in the third quarter. Q1 LME aluminium stocks fall 18.2 per cent LME aluminium inventories continued to decline during Q1 2026. Month-end stocks fell from 495,725 tonnes in January to 465,550 tonnes in February, before dropping further to 416,775 tonnes in March. Monthly average inventories stood at 498,670 tonnes in January, 481,801 tonnes in February and 440,710 tonnes in March....
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The top five companies in the Aluminum industry as measured by relative performance are given below. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform. Century Aluminum (NASDAQ:CENX - Snapshot Report) ranks first with a gain of 15.59%; Alumina (NYSE:AWC - Snapshot Report) ranks second with a gain of 13.93%; and Noranda Aluminum (NYSE:NOR - Snapshot Report) ranks third with a gain of 13.11%. Aluminum of China (NYSE:ACH - Analyst Report) follows with a gain of 9.72% and Alcoa (NYSE:AA - Analyst Report) rounds out the top five with a gain of 8.03%. SmarTrend currently has shares of Century Aluminum in an Downtrend and issued the Downtrend alert on July 15, 2011 at $13.87. The stock has fallen 26.7% since the...
The controversy over the 2004 sale of the Aluminum Smelting Company of Nigeria, ALSCON, Ikot Abasi, Akwa Ibom State, resonated yesterday as the original Preferred Bidder in the privatisation process, BFIGroup of America insisted that BPE fraudulently sold the company to RUSAL against its own rules.
Following steep falls in offshore markets, we've seen some choppy trade on the Australian share market today. The local bourse dropped at open, erasing around half of yesterday’s gains, but bounced back onto positive ground after the release of key local jobs data. However, we’re now back in the red, pulled down by the banks and miners.
Asia’s benchmark stock index pared its seventh loss in eight days. The MSCI Asia Pacific Index dropped 0.5 percent to 122.28 as of 5:25 p.m. in Tokyo. It earlier dropped as much as 2.4 percent as global growth concerns escalated after the cost of protecting the government debt of Greece, Italy, Spain and France rose. A measure of primary metals traded in London fell for a sixth straight day yesterday, losing 1 percent.
Close Shares recouped early losses to finish flat in another sharp one-day reversal. Mining heavyweight BHP Billiton was down 47 cents at $37.93 and Rio Tinto lost $1.94 to $70.41.
Most of the base metals recovered at the nonferrous metal market here today due to fresh industrial buying support coupled with higher advices from London Metal Exchange. However, aluminum ingots and aluminum utensil scrap moved down on poor offtake.Aluminum ingots declined by INR 5 per kilogram to INR 130 from 135 previously and aluminum utensil Scrap also softened by a rupee per kilogram to INR 105.
On the back of slowing global economic recovery and Fed interest rate decision yet to be released, metals are trading marginally higher. This is due to the market participant's short covering their position. In the domestic market,Aluminum traded flat at INR 108.25 per kilogram.
Primary aluminum output declines to 1.548 million ton from 1.591 million ton in June. China is the world biggest production country of aluminum.
The Merval Index fell 1.9 percent to 2,809.75, its sixth day of losses in the past seven sessions. Aluar Aluminio Argentino SAIC (ALUA) , which produces and sells aluminum and aluminum products for domestic use and export, fell 3 percent to 3.95 pesos. Aluminum fell on the London Metals Exchange, its tenth day of losses in the past 11 sessions.
CVG-Alcasa officials' planned trip to China to pin down final details of a $403 million joint venture designed to revive Venezuela's ailing aluminum smelter has been postponed, Alcasa sources told Platts. The Ministry of Basic Industry and Mining "hasn't given the authorization yet," an Alcasa spokeswoman said. Alcasa representatives were to meet with officials with Chalieco, a subsidiary of the Aluminum Corporation of China, which was chosen by the Venezuelan government to modernize Alcasa potlines 3 & 4 and to build an extrusion facility, among other projects, at the Puerto Ordaz-based facility.
Ten non-ferrous metal output reaches 2.93 million ton in July up by 9.8% in the corresponding period previous year and total amount reaches 19.84 million ton from January to July increasing by 9.9%. In July,output of copper, aluminum, zinc, tin and nickel grows by 18%, 13.2%, 11.3%, 9.9% and 55.3% respectively except for refined lead that drops by 4.1%. Affected by national environmental reconstruction, operating rate of aluminum smelter enterprises stay low since this May. Operating rate of large and medium-sized enterprises in Henan and Hunan province even declined to 66% this June which directly affecting the overall domestic output of primary lead.
Aluminium Bahrain B.S.C. (Alba)'s Annual Summer Camp came to a close as nearly 300 children of Alba employees attended the closing ceremony held on Thursday, July 28, 2011 at the Alba Club.
A closely related party to Executive Vice President Johnny Undeli has on August 9, 2011 purchased 500 shares in Hydro at NOK 30.00 Jonny Undeli's new holding, including closely related parties, is 12,132.
Net sales of Nordic Aluminium were EUR 38.67 million (EUR 36.72 million year 2010). The operating profit for the period was EUR 9.46 million (8.47), the net profit was EUR 6.92 million (6.40) and earnings per share were EUR 1.43 (1.32).
Reed Exhibitions’ Aluminium China broke all previous attendance records at its recent show, with 11,282 visitors from 83 countries and regions, a 25-percent jump from the 2010 edition. Of the visitors, 1,244 were international – 76 percent more than last year. In addition, 420 exhibitors were on the exhibit floor in July at the Shanghai New International Expo Center.
Century Aluminum Company (CENX) filed Quarterly Report for the period ended 2011-06-30. Century Aluminum Company has a market cap of $813 million; its shares were traded at around $8.79 with a P/E ratio of 8.9 and P/S ratio of 0.7.
A week after the Mt. Pleasant Planning Commission rejected plans for an aluminum byproducts landfill, the companies that proposed it are still considering whether to appeal, their attorney said.
Shares of vertically integrated aluminum producer Noranda Aluminum are soaring today, rising as much as 11.1% so far on fairly strong volume.
