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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...China Knowledge reported that Xinren Aluminum Holdings plans to raise up to USD 157 million through an initial public offering on the Singapore Stock Exchange...
...BS reported that another industrial accident had hit Vedanta controlled Bharat Aluminium Company Limited in Korba as a heavy iron gate at fabrication shop crashed killing a contract worker and injuring two others...
...Commodity reported that Chinese demand for aluminium will keep up the global consumption of the metal which is poised to grow at 13% in the current year...
...Cracks in a reservoir which burst last week, flooding several towns in western Hungary with red sludge and killing at least seven people, have not continued to widen, officials have said...
... China's Henan province plans to idle 180,000 metric tons of aluminum capacity and reduce power usage by 2.5 billion kilowatt-hours in the fourth quarter of this year, the state-run Xinhua news agency reported Monday...
... LME aluminum prices post a larger gain than other base metals. Last Friday, LME aluminum prices opened at USD 2,342/mt, ... LME aluminum prices helped SHFE aluminum prices rise further after a open high this morning, and SHFE 1012 aluminum ...
...MAL Rt., the Hungarian Aluminum Production and Trade Company, is a privately held company founded in 1995 as Hungary began to sell off state assets after the 1989 fall of communism...
... Alcoa Inc (AA.N), the largest U.S. aluminum producer, expects both its Aviles smelter in Spain and its alumina refinery in Sao Luis, Brazil to be running at full capacity by the end of the year...
...Aluminum is “probing resistance” of $2,400 a metric ton and may gain 6.4 percent to this year’s peak, according to a technical analysis by Barclays Capital...
...Alcoa kicked off earnings season Thursday by reporting a 21 percent drop in third-quarter profits. But the largest U.S. aluminum producer raised its forecast for global aluminum consumption this year...
... LME aluminum prices set several new highs consecutively during the holidays, and even climbed to above USD 2,400/mt on October 6th, setting a new high since April 22nd, 2010. On October 7th, LME aluminum prices advanced to RMB 2,390/mt after opening at USD 2,362/mt,...
...National Aluminium Co (NALCO) sees lower aluminium exports in 2010/11 on increased domestic demand, propelled by power and construction sectors, a top company official said on Tuesday...
...London Metal Exchange aluminium has hit a five-month high, joining surging copper, tin nickel and zinc, anticipating the US Federal Reserve would follow the Bank of Japan by providing additional liquidity to markets...
...The immediate flood threat to residents of three western Hungarian counties triggered by millions of gallons of red mud, a caustic aluminum industry byproduct, is over, Interior Minister Sandor Pinter said on Tuesday afternoon...
...Oct. 6, 2010 (China Knowledge) - Shenzhen-listed Jiaozuo Wanfang Aluminum Manufacturing Co Ltd last week announced that its controlling shareholder Chalco, or Aluminum Corp of China Ltd , the nation's largest aluminum producer and the world's third largest alumina producer, sold 20.79 million shares of the companies on last Tuesday, sources reported...
...Alcoa Inc. has won a contract to supply aluminum for Austal USA’s vessels that could lead to even more marine defense work for Alcoa Davenport Works...
...Australia’s S&P/ASX 200 Index rose 1.7 percent to 4,686.80, the highest closing level since May 4, at the 4:10 p.m. finish of trading in Sydney. New Zealand’s NZX 50 Index climbed 0.5 percent to 3,235.04 at the 5 p.m. close in Wellington...
...Speculation that Rio Tinto is poised to abandon its West Australian joint venture with BHP Billiton has raised questions about whether the mining giant is in breach of market disclosure rules...
