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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...Mr Harald Odegaard VP of Norsk Hydro said at press conference in Tokyo that the firm expands the aluminium sales to 600,000 tonnes in Asia in 2011 compared with planned 400,000 tonnes in 2010...
...State-owned Nalco is awaiting certain regulatory clearances to launch its new aluminium project in Orissa, which will entail an estimated investment of over Rs 10,000 crore, the company said on Sunday...
...Aditya Birla group head Kumar Managalm Birla today said his Mahan aluminum project of Rs 20,000 crore will come up in next 12 months from now. "Work on the project is going on and I will see the project will come up in next 12 months," he said here in the Global investors meet...
...After all, for contrarian investors, the best time to buy an asset is when everyone else thinks you shouldn't. They call it the point of maximum pessimism...
...The Q3 aluminium production was 2% lower than the same quarter of 2009, driven by lower production at Laterrière following a power outage in July which forced the temporary closure of one of the plant’s two potlines...
...ET reported that Aluminium major NALCO will set up a nuclear power plant in Gujarat in association with Nuclear Power Corporation of India Limited at a gross investment of INR 12,600 crore...
...Reliance Steel & Aluminum Company announced that its financial results for the Q3 and 9 months ended September 30th 2010. For the Q3 2010, Reliance reported net income of USD 48.7 million up 17% compared to 2009 Q3 net income of USD 41.8 million. Earnings per diluted share were USD 65 in the Q3 2010 up 14% compared to USD 57 in the Q3 2009...
...According to provisional figures from the International Aluminium Institute, daily average aluminium production in China fell to 43,600 tonnes in September from 44,800 tonnes in August...
...Shandong Nanshan Aluminium Corporation (600219) recorded a 13.30 percent year-on-year decrease in third quarter net profit attributable to share holders to 209.408 million yuan with earnings per share of 0.11 yuan, according to a company filing...
...Commodity reported that China is continuing its games with base metals as any decision taken by the Communist nation will affect the global market in a big way...
...Bloomberg reported that aluminum producers will have to expand global output by about two thirds to keep pace with an expected consumption increase of 5.3% per year over the next decade...
...Bahrain's state-owned aluminium producer launched an initial public offering today that will raise more than US$500 million (Dh1.83 billion) for the country's beleaguered sovereign wealth fund, the company's majority owner...
... SHFE 1101 aluminum contract prices opened at an intraday low of RMB 16,330/mt on Friday, and then moved steadily with sluggish transactions. SHFE 1101 aluminum contract prices ...
... LME aluminum prices opened at USD 2,363/mt, with the highest level and the lowest level at USD 2,375/mt and USD 2,362/mt, respectively, and prices finally closed at USD 2,365/mt,...
...The global aluminum market was in surplus by 434,000 metric tons between January and August, down from a large surplus in the same period last year, the World Bureau of Metal Statistics said Wednesday...
...Aluminum producers will have to expand global output by about two-thirds to keep pace with an expected consumption increase of 5.3 percent a year over the next decade, an executive at Rio Tinto Group’s Alcan unit said...
...Emirates Aluminium Co, which aims to build the world’s biggest smelter, said it plans to sell about $1 billion of bonds next year to fund phase two of its plant in the UAE...
...New Delhi,Aluminium futures prices edged up by 0.29 per cent to Rs 104 per kg today, after tracking gains in base metals overseas amid pick up in spot demand....
