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...
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... SHFE 1103 aluminum contract prices dipped gradually after opening lower at RMB 16,505/mt, hitting a low of RMB 16,440/mt. SHFE 1103 aluminum contract prices briefly climbed to RMB 16,560/mt in the afternoon as the Shanghai Stock Exchange composite index recovered, ....
...Aluminium futures traded 0.52 per cent lower at Rs 105.70 per kg today, as speculators reduced their holdings at prevailing levels even as metal strengthened overseas in the previous session...
...PTI reported that Indian aluminum futures traded 0.52% lower at INR 105.70 per kilogram as speculators reduced their holdings at prevailing levels even as metal strengthened overseas in the previous session...
...MHM Metals Limited is moving closer to council approval for evaporation ponds to be built adjacent to the company’s operations south of Geelong in Victoria...
...China Knowledge reported that Yunnan Metallurgical Group, the largest shareholder of Shenzhen listed Yunnan Aluminium Co Ltd will issue CNY 1.2 billion in medium term notes with a maturity of five years on the inter-bank market on Dec 9...
...Russia’s Boguchanskaya hydropower plant and Boguchansky Aluminum Smelter have signed agreements for two loans totaling RUB50bn (US$1.59bn) from state-owned Vnesheconombank (VEB), VEB said...
...Aluminium inventories on LME showed marginal correction in last one month. The inventories stood at 4288750 tonnes, down 0.33% on 1 Dec 2010 as against 4303075 tonnes on 1 Nov 2010. During the same period prices of three month forward Aluminium contract declined by 3.7%. The basis of decline was the rise of Dollar and the tensions in Korea...
...: India is set to ramp up its aluminium production by 2015 to 5 million tones. According to the government, aluminium production in the country will touch 5 million tonnes per annum by 2015 from the present 1.3 MTPA on back of capacity expansion programme by metal producers...
...Despite higher inventory level of aluminium at the London Metal Exchange (LME), prices of aluminium are set to rise to $2,400-$2,500 a tonne by March 2011 on the back of good demand from various sectors like aviation, transportation, electronics among others...
...United Co Rusal, the world's largest aluminum producer, will acquire a 33 percent stake in a trading unit of China North Industries Corp and form a joint venture to expand business in China...
...dearth of aluminum units in Latin America is forcing Brazilian consumers to look as far north as the United States and Canada in their effort to meet the country's soaring demand, sources in the marketplace told AMM...
...Community leaders and Alcoa Warrick Operations asked the Indiana Department of Natural Resources on Wednesday to approve a permit for a new surface coal mine being proposed for Warrick County...
...Aluminium prices in the last one-month have shown the perfect rounding bottom pattern. The prices on major exchanges were trading with strong gains till the first half of November from where it dipped from the tensions of Korea and declines of EURO against the Dollar. The markets took negative vibes following Chinese monetary tightening and rise of debt problems in major European nations. But the dip didn't last long and as the news has got discounted one has seen strong pullback in the metal...
... LME aluminum prices still opened higher at USD 2,365/mt driven up by previously weakening US dollar index. The US dollar index briefly rebounded to 81 during the day, and LME aluminum prices dipped slightly to a low of USD 2,348/mt in response, but later rallied again at the tail of trading, with prices finally closing at USD 2,355/mt, up USD 15/mt. LME aluminum inventories fell by 4,450 mt to 4,284,300 mt. ...
...Aluminium prices rose early this month to its highest level since April after the U.S. Federal Reserve boosted sentiment by committing to buy $600 billion in government bonds and as concern over currency devaluation drove investors into hard assets...
...MCX Aluminium Dec contract prices jumped marginally on Tuesday. Investors showed huge buying interests in the industrial metal after the US reported positive macro economic data joined with a healthier demand prospects for the metal. MCX Aluminium Dec contract has touched a low of Rs 103.9 a kg after opening at Rs 104.5, and last traded at Rs104.45 down by 0.30 rupees...
...The government today said aluminium production in the country is expected to touch 5 million tonnes per annum (MTPA) by 2015 from the present 1.3 MTPA on back of capacity expansion programme by metal producers...
...Governor Jim Doyle today announced that U.S. Aluminum, Inc., Wauwatosa, Milwaukee County, will receive $35,000 in tax credits from the Economic Development Tax Credit Program from the Department of Commerce (Commerce) to consolidate its manufacturing and administration facility in Wauwatosa...
