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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... Shanghai Stock Exchange composite index rebounded. SHFE 1102 aluminum contract prices climbed as a result, with the highest and lowest levels at RMB 16,555/mt and RMB 16,335/mt, respectively, and finally prices closed at RMB 16,490/mt, up RMB 140/mt. ...
... LME aluminum prices opened at USD 2,290/mt, and later climbed to USD 2,295/mt, but then dipped steadily to a low of USD 2,262/mt following strengthening US dollar index, with prices finally closing at USD 2,264/mt, down USD 41/mt compared with the previous trading day, ...
...Recently World Bureau of Metal Statistics (WBMS) data was released. The report showed that the calculated market surplus of primary Aluminium was 285000 tonnes for the first nine months of 2010. The surplus declined by 78.6% from 1327000 tonnes in Jan-Sep 2010...
...The Tema Traditional Council has appealed to the government to consider reopening the Volta Aluminium Company, VALCO. The Council says the continuous closure of the company does not only affect employees and their dependents but is also collapsing the aluminum industry in the country...
...Riding on solar cell booms, the Taiwan-based Giga Solar Materials Corp., a globally leading supplier of aluminum paste and related solar materials, is expected to challenge full-year EPS (earnings per share) of NT$40 in 2010 as the most profitable company of this kind ever seen on the island, according to institutional investors.
... SHFE 1102 aluminum contract prices briefly climbed to RMB 16,495/mt after opening higher at RMB 16,260/mt on Thursday, and later fluctuated following the Shanghai Stock Exchange composite index movements, with prices finally closing at RMB 16,385/mt, up RMB 245/mt or over 1%. ...
... LME aluminum market. Yesterday, LME aluminum prices opened at USD 2,295/mt, with the highest level and the lowest level at USD 2,308/mt and USD 2,282/mt, respectively, and finally closed at USD 2,305/mt, up USD 35/mt or 1.5%. ...
...China's State Reserve Bureau, which is part of the National Development and Reform Commission and is responsible for managing strategic material reserves, will sell 117,000 tons of aluminum ingot reserves from Nov. 23 to Nov. 24, according to a statement released by the NDRC...
...Metals service center shipments in the US and Canada for aluminum continued to increase at robust rates in October, the Metals Activity Report from the Metals Service Center Institute shows. Inventory to sales ratios remained stable for aluminum in both the US and Canada...
...The Viet Nam National Coal and Mineral Industries Group (Vinacomin) has announced that its bauxite mining and processing complex in the Central Highlands province of Lam Dong will begin commercial production in April...
...Metals service center shipments in the US and Canada for aluminum continued to increase at robust rates in October, the Metals Activity Report from the Metals Service Center Institute shows. Inventory to sales ratios remained stable for aluminum in both the US and Canada...
...The world has an insatiable appetite for aluminium - but producing one tonne of aluminium creates 13 tonnes of waste, consisting of 10 tonnes of rock and 3 tonnes of toxic sludge...
...Metals service center shipments in the US and Canada for aluminum continued to increase at robust rates in October, the Metals Activity Report from the Metals Service Center Institute shows. Inventory to sales ratios remained stable for aluminum in both the US and Canada...
...Photovoltaic (PV) conductive paste maker Giga Solar Materials is projected to ship 2,700-3,000 metric ton (MT) of aluminum paste in 2011, up from 1,500-2,000MT expected for 2010, according to the Taiwan-based company. Silver-aluminum shipments will account for a 20-30% share of 2011 revenues, rising from 5% a month currently...
...Hong Kong — Aluminum demand in China, the world's biggest consumer of the metal, may double in the next decade, United Company RusAl said Tuesday...
...Aluminum will climb to $2,700 a ton next year, as improving demand, exchange traded products (ETPs) and falling output in top producer China, buoy prices...
...Aluminium prices will rise over the next decade as a scarcity of high-quality mines and sites for new smelters constricts supply in the face of surging global demand, a top Alcoa official told the Financial Times ...
...Aluminum prices have been up most of the month, fuelled by a weak US dollar and the recent declaration by the Federal Reserve of its intention to buy $600 billion of Treasuries...
