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 aluminum prices opened lower but moved higher on Monday, and SHFE 1101 aluminum contract prices rebounded after opening at RMB 16,390/mt. ...
... LME aluminum prices opened flat at RMB 2,377/mt, and later climbed gradually to an intraday high of USD 2,420/mt, and finally closed at USD 2,418/mt, up USD 41/mt ...
... SHFE 1101 aluminum contract prices fell rapidly to as low as RMB 16,320/mt after opening lower at RMB 16,480/mt ....
... LME aluminum prices opened at USD 2,405/mt, and later dipped all the way to as low as USD 2,377/mt, down USD 33/mt compared with the previous trading day, or down 1.4%. ...
... SHFE 1101 aluminum contract prices opened slightly lower at RMB 16,520/mt on Tuesday due to heavy selling pressure, with prices mainly fluctuating in a narrow band. Although the Shanghai Stock Exchange Composite Index (SSE Composite Index) strengthened to 2,843.43 points ...
... LME aluminum prices opened at USD 2,415/mt, and advanced to touch USD 2,438/mt after the ending of Asian trading hours, setting a new high, and finally prices closed at USD 2,437/mt, up USD 37/mt ...
...Aluminium stocks held at three major Japanese ports at the end of September edged down to 230,400 tonnes from 236,100 tonnes a month earlier as imports declined, Marubeni Corp (8002.T) said on Friday...
...Reports of production cuts in aluminium in China may tempt investors into thinking that aluminium prices are set for a rise again and that Hindalco might make a good bet at this level. This may not be the case...
...Kaiser Aluminum Corporation (Nasdaq: KALU) today announced that its Board of Directors has declared a quarterly cash dividend payment of $0.24 per common share, $0.96 annualized...
...Aluminum Corporation of China, more simply known as Chalco, is diversifying away from the heavily cyclic aluminum market to add rare earth mineral processing to its business footprint. ACH's state-owned corporate parent is building a $1.5 billion rare earth production center in China's Jiangxi province...
...MCX Aluminum was trading little changed, headed for a weekly advance as a weaker Dollar made metals cheaper for buyers holding other currencies. Having witnessed optimistic industry demand in global markets Aluminum futures had remained firm in the earlier weeks...
...The aluminum market will be in another surplus in 2011, with demand lower on a percentage basis than in 2010 and stimulus measures wearing off, according to a senior commodity analyst at MF Global...
...Aluminum prices in China, the world’s largest producer, may jump by more than 10 percent next year as output cuts in the country increase amid rising demand, research group Harbor Intelligence said...
...Aluminum imports by China, the world’s largest producer, may increase more than 25 times by 2015 as surging local demand outpaces growth in output, according to research group Harbor Intelligence...
... LME aluminum prices opened at USD 2,421/mt, and fluctuated during Asian trading hours, with the highest prices reported at USD 2,424/mt. LME aluminum prices finally closed at an intraday low of USD 2,400/mt,...
... SHFE 1101 aluminum contract, the most actively-traded contract, opened higher at RMB 16,350/mt positively affected by LME aluminum prices,...
...Twelve UAE nationals have become the first recruits to commence a new course focusing on administrative skills, under the Pre Employment Course (PEC) scheme at Emirates Aluminium (EMAL)...
...Alcoa Inc. believes that the global economy will continue to be lifted this year by a burgeoning international middle class that wants better transportation and more modern buildings...
