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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...IPS, which is based in Compton, Calif., operates a 124,800-square-foot facility that houses the company’s distribution operation and plumbing division in Collierville, Tenn., where it employs about 100. The company manufactures industrial and commercial solvent cements and adhesives for plumbing and roofing products...
...Reuters reported that South Korea is seeking 3,000 tonnes of high grade primary aluminium ingot of London Metal Exchange registered brands via a tender to close at 2 PM on Aug 20th 2010...
...Barclays Capital declined on Wednesday to comment on market talk that it has a position controlling 30 to 40 percent of aluminium stock warrants in London Metal Exchange (LME) warehouses and cash contracts...
... SHFE 1011 aluminum contract prices fluctuated higher after opening at RMB 15,500/mt. China’s A-shares rebounded, and moved toward the previous high of 2,680 points at closing, helping drive up SHFE aluminum prices to RMB 15,575/mt. ...
... LME aluminum prices opened at USD 2,130/mt, and later moved higher gradually to USD 2,168/mt, with prices finally ending at USD 2,141/mt, up USD 23/mt compared with the previous trading day, or up 1.09%. Total trading volumes were 324,098 lots, ...
... LME aluminum prices opened at USD 2,145/mt, and later moved lower gradually, with prices even dipping to USD 2,093/mt, and finally prices reversed some losses and ended at USD 2,105/mt, down USD 36/mt compared with the previous trading day, or down 1.7%. ...
... SHFE 1011 aluminum contract prices opened slightly higher at RMB 15,550/mt, and later China's A-shares surged to a three-month high of 2,687 points at 10:00 am, and SHFE 1011 aluminum contract prices lost previous gains in response after soaring to RMB 15,635/mt. ...
...A physically-backed aluminium exchange-traded product (ETP) planned by Glencore International [GLEN.UL] and Credit Suisse (CSGN.VX) is likely to be...
...Alro Slatina (ALR) aluminium producer, one of the biggest domestic companies, controlled by Vimetco group owned by Russian investors, saw its net income fall by 18% in the first half, to 28.9m RON (8.9m euros), though it paradoxically benefited from much more favourable factors than in the first six months of 2009...
...At ABx's northernmost bauxite deposit at Binjour in central QLD, encouraging thicknesses of a concealed bauxite layer up to 15 metres thick were encountered and two-stages of drilling were completed in July...
...Worries about tight aluminium supplies lie behind the emergence of a premium for cash material on the London Metal Exchange, even though the market overall is flooded with excess material,traders said...
...While there have been inklings of a softer tone in the primary aluminum market, mainly thanks to a growing backwardation in August and September and to lower warehouse incentives, they have yet to translate into lower premiums...
...This view may be why a change to the bauxite and alumina pricing mechanisms only recently announced by Alcoa and now by other members of the Alcoa Worldwide Alumina Alliance (AWAC) has been met with such equanimity...
...Aluminium prices are expected to average at $ 1985 per tonne in second half of 2010 as per the Quarterly report from Australian Bureau of Agriculture and Resource Economics (ABARE)...
...PTI reported that aluminium futures moved down by INR 0.25 or 0.15% to INR 101.55 per kilogram as speculators booked profits despite firm global cues...
...Employee reward at the second-biggest aluminium producing firm in India could increase as the company reports a rise in profits...
...Employee reward at the second-biggest aluminium producing firm in India could increase as the company reports a rise in profits...
...Worries about tight aluminium supplies lie behind the emergence of a premium for cash material on the London Metal Exchange, even though the market overall is flooded with excess material, traders said...
