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 China will likely curtail another 600,000 tonnes of aluminum smelter production before the end of 2010 to meet energy efficiency targets but whether they restart that shuttered production in 2011 remains to be seen...
...AAP reported that Tomago Aluminum has secured the company's power supply until 2028 after signing the state's largest ever energy agreement with Macquarie Generation...
...Net profit of USD 1,420 million for the 9 months ended September 30th 2010 compared to net loss of USD 826 million for the 9 months ended September 30th 2009...
...Aluminium futures fell by 0.32 per cent to Rs 108.40 per kg today as speculators reduced their exposure amid a weak trend in the spot market on sluggish demand...
...THE Norwegian operator of the Kurri Kurri aluminium smelter in the Hunter Valley is trying to force the state government to sign a new long-term supply contract...
...Livemint reported that Hindalco Industries Limited is shutting its 6,000 tonnes per annum aluminum foil manufacturing plant in Kalwa a suburb of Mumbai...
...Vedanta Group firm Sterlite Energy has sought relaxation in special economic zone (SEZ) rules to benefit its power plant in Orissa which needs to transport coal through Vedanta Aluminum's SEZ, a commerce ministry official has said...
...United Co. Rusal, the world’s largest aluminum company, estimates its aluminum price in the fourth quarter will rise on greater demand from Asia, Chief Executive Officer Oleg Deripaska said...
... SHFE 1102 aluminum contract prices opened at RMB 17,200/mt, and dipped to a low of RMB 16,380/mt, and finally closed at RMB 16,690/mt, down RMB 540/mt, or down 3.13%. ....
... LME aluminum prices opened at USD 2,456/mt, and later climbed to as high as USD 2,485/mt, but then dipped steadily during the European trading hours, with prices finally closing at USD 2,404/mt, down USD 54/mt ....
...Commerce department: Last week (from November 1 to 7) the price of AOO aluminium is up by o.8%. The increasing of international aluminum price drives the price the domestic market. Three-month future aluminum price in LME last week is closed at $ 2,450 / ton, up 4.0% than previous week...
...One of World Top 500 Enterprises--China Minmetals Corporation signed a strategic cooperation frame agreement of building a deep-processing base for nonferrous metals new material with Zhuzhou government. It is learned that both parties would develop new material deep-processing base based on Zhuzhou’s current nonferrous industry. Within 15 years, China Minmetals Corporation will achieve yearly sales revenue of 500 billion Yuan, which enable Zhuzhou to become the first and world-class R&D and deep-processing base for nonferrous metal materials...
...Memphis, Tenn.-based Vitro America™ has announced the hiring of Doug Penn as director of architectural aluminum. Penn will oversee the growth and expansion of the company's Classic Line™ architectural aluminum products and comes to the company with an extensive industry background...
...Reuters reported that Aluminum Bahrain priced initial public share offer at the bottom of the indicated range having attracted just enough demand for all the shares offered by sovereign wealth fund Mumtalakat which raised USD 338 million...
...Recent quarterly earnings reports indicate that many in the aluminum industry are recovering from last year's lows but still struggling to find their footing. Nevertheless, the future seems to be getting brighter for the industry as the metal's demand and prices have been rising...
...As the holiday season approaches, the Aluminum Association said that choosing green electronics is a win for both consumers and the environment. With the growth of e-waste, the issue is a significant one...
...In the quarter ended Sep 2010, Hindalco Industries, largest Aluminum producer in India, reported a below market expectation growth of 26% in net profit to Rs. 433.81 crore on account of lower copper TcRc, rupee appreciation, cost increases, reduced metal volumes on disruption in production at Hirakud plant and VRS at Kalwa Foil plant...
...Aluminum Corp of China Ltd (Chalco) has raised its spot price for alumina by 5.5 percent to 2,900 yuan ($437) per ton, according to a notice on the company's website...
