Emirates Global Aluminium (EGA) has strengthened its profitability despite a challenging nine-month period marked by operational disruptions, constrained exports and reduced aluminium production. The UAE-based producer reported an improved adjusted EBITDA margin for the first nine months of 2026, supported by higher realised aluminium prices, a stronger value-added product mix and cost-control measures. Meanwhile, the company is progressing with the restoration of its Al Taweelah facilities, expanding its international recycling footprint and advancing its global smelting technology partnerships. EGA recorded adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of USD 1.572 billion (AED 5.773 billion) during January-September 2026, compared with USD 1.738 billion...
Storvik has won a contract to operate and maintain the automated anode rod repair system at Alcoa's Mosjøen aluminium smelter in Norway. The agreement extends a partnership that began in 2016, when the company introduced its In-Line Rod Repair (ILRR) system at the plant. Storvik Mosjøen, a subsidiary of Storvik group will now handle the operation of the robotic repair line and maintenance of the anode yokes processed through it. Storvik Engineering built the system, with both companies working together on its installation and commissioning. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook " Anode rod assemblies are essential to primary aluminium...
Grow with
AL Circle
...Reuters reported that global miner Rio Tinto said production at its New Zealand Aluminium Smelters Ltd subsidiary was being cut by about 5% in response to high electricity prices...
... Aluminum prices have been up for the better half of a month fuelled by a weak US dollar and a recent declaration by the Federal Reserve to buy $600 billion of Treasuries...
... LME aluminum prices hit the lowest USD 2,323/mt and reached the highest at USD 2,336/mt, with price ending at USD 2,335/mt, up by USD 20/mt or 0.86% from a day earlier ....
... SHFE 1103 aluminum contract prices, the most active one, opened at RMB 16,540/mt and closed at RMB 16,570/mt, up RMB 15/mt, with the highest and lowest level of RMB 16,605/mt and RMB 16,540/mt, respectively. ...
...Dubai Aluminium Company Limited Dubal), which owns one of the largest single-site smelters in the world, recently arranged an internal housekeeping campaign at its Jebel Ali site...
...In its endeavors to apply its institution, Dubai Quality Group (DQG), which is the first non-profit organization in the UAE established to improve quality and organizational excellence in business community, the regular election of selecting the new DQG board of directors was conducted yesterday...
...State-owned National Aluminium Co. Ltd., or NALCO, said it had shortlisted two firms to source coal for its Rs.18,000-crore aluminium-cum-power project in Indonesia. Work on the project is to commence by June, say reports...
...Russia's United Company RUSAL (0486.HK: Quote)(RUAL.PA: Quote), the world's top aluminium maker, said on Thursday that it sees next year's aluminium prices at $2,400-$2,500 per tonne and global demand for the lightweight metal to rise 8 percent...
...BHP Billiton Aluminium in South Africa reached a salary agreement with workers to end a strike at its Richards Bay unit, the company said on Thursday...
...Aluminum declined as few investors sold the metal to lock in gains after it climbed to a record yesterday, and as the appeal of commodities as alternative investments got diminished by a stronger dollar...
...Shares of Noranda Aluminum Holding Corporation (NYSE: NOR) are higher on the session by 4.16%, trading at $12.02...
...Programming has been lined up for Aluminum Symposium 2011, a metals industry event organized by Platts that will take place Jan. 16-18 in Coronado, Calif...
...Aluminium producer Hulamin [JSE:HLM] said on Wednesday that it expects headline earnings per share of between 19 cents and 23 cents for the year ending December 2010, from 37 cents previously...
...Aluminium has registered a heavy rise in inventories during last two days. The inventories on London metal exchange have appreciated by 21550 tonnes since 13 Dec 2010 to 4293925 tonnes. The increase in inventories is the resultant of lower offtake of the metal at the year-end. Today, stockpiles increased by 10325 tonnes to 4293925 tonnes...
...Aluminij Mostar urged Bosnia's regional government on Wednesday to halt a railway workers strike which could close the country's sole aluminium smelter and lead to 900 job losses...
...RIO TINTO has kept its faith that aluminium will shake off its price doldrums by committing an initial $US1.05 billion to modernising and expanding its aluminium smelters in Canada...
...The global aluminum market was in a 318,000 metric ton surplus in the first 10 months of the year, the World Bureau of Metal Statistics said Wednesday...
...It's another major step forward for the $2.5 billion Kitimat Modernization Project. Rio Tinto, the parent company of Rio Tinto Alcan, has announced a major investment to improve production efficiency of its Canadian aluminum smelters through modernization and expansion...
