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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...Reuters reported that LME aluminum should rise to a range between USD 2,550 and USD 2,600 over the next 4 weeks based on its wave pattern...
...Century Aluminum (NASDAQ:CENX) traded in a range yesterday that spanned from a low of $13.61 to a high of $14.19. Yesterday, the shares gained 3.59%, which took the trading range above the 3-day high of $13.79 on volume of 2.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious...
...CHINA, the world's largest zinc producer, will sell 50,000 tonnes of the metal from state stockpiles, boosting domestic supplies as an energy-saving drive curbs output and pushes up prices...
... LME aluminum prices opened at USD 2,446/mt, and later moved steadily, but then fell gradually during the European trading hours, with the highest level and the lowest level at USD 2,448/mt and USD 2,407/mt, respectively, and finally prices closed at USD 2,417/mt, down USD 13/mt. ...
... SHFE 1102 aluminum contract prices opened higher at RMB 16,840/mt in the morning session, and later fell back after briefly soaring to RMB 16,910/mt, with the lowest prices reported at RMB 16,700/mt, and finally prices closed at RMB 16,725/mt, only up 0.06%. ...
...National Aluminium Co. (532234.BY) won't spend as much as it initially planned on capital expenditure this fiscal year due to a delay in land acquisition for a coal block, a senior executive said Tuesday...
...National Aluminium Company, or Nalco, has shortlisted MEC Coal and Bumi Murau Coal for supplying coal to its $4-billion Indonesia aluminium smelter project, according to a senior company official...
...Reuters reported that National Aluminium Products saw Q3 net profits fall 18% and sales dip 2% as the company looks to growing economic momentum and infrastructure projects to fund production...
...Purchasing Manager indexes are always closely followed but none more than those for China when looked at in reference to the commodities markets. The belief is a positive China PMI reading is bullish for metals and other commodities...
...Mr Prasad Baji of Edelweiss Securities Limited in a recent research note said that “Our estimates indicate that the global aluminium market had deficit of 3 million tonne per annum and 0.4 million tonne per annum in June and July respectively.
..CHINESE giant Chinalco is exploring suitable targets for further overseas expansion and reaffirmed its interest in Australia and Mongolia...
... LME aluminum prices opened at USD 2,393/mt, with the highest level and the lowest level at USD 2,398/mt and USD 2,370/mt, respectively, and finally prices closed at USD 2,372/mt, up USD 27/mt compared with the previous trading day, or up 1.2%. ...
... SHFE 1101 aluminum contract prices opened at RMB 16,505/mt, with the highest level and the lowest level at RM 16,665/mt and RMB 16,500/mt, and finally closed at RMB 16,560/mt, up RMB 100/mt compared with the pervious trading day, or up 0.61%. ...
... LME aluminum prices opened at an intraday low of USD 2,380/mt, and later climbed gradually to USD 2,437/mt, and finally closed at USD 2,430/mt, up USD 58/mt compared with the previous trading day, or up 2.4%. Total positions continued to grow, while LME aluminum inventories declined by 5,400 mt to 4,297,675 mt. ...
... SHFE 1101 aluminum contract prices slipped gradually in the morning session after opening lower at RMB 16,555/mt,... RMB 16,650/mt and RMB 16,460/mt, respectively, and finally prices closed at RMB 16,525/mt, down RMB 55/mt, or down 0.33%. ...
...North American aluminum demand -- shipments by domestic producers plus imports -- totaled an estimated 13.594 billion lb during the first eight months of the year, 17.7% above a year ago, according to preliminary estimates by the Aluminum Association...
...Emirates Aluminium (EMAL) senior management held a strategic planning workshop, in order to prepare for the commercialisation of its Phase 1 smelter operations which will move into full production next year, and to set the company's vision and direction for the next five years...
...Oman Daily Observer reported that Oman Oil Company which owns a 40% stake in Sohar Aluminium is hopeful that a long standing proposal to expand the capacity of the USD 2.4 billion smelter will come to fruition...
