Norsk Hydro shares gain 14% M-o-M: Aluminium demand, Q2 results draw investor focus
Leading recycled aluminium producer Norsk Hydro stock is attracting investor attention as its second-quarter (Q2) performance, aluminium prices and market outlook shape sentiment around the company. Hydro reported strong Q2 2026 profitability , backed by higher aluminium prices, product premiums...
Chuangxin Industries H1’26: Profit jumps 166%, driven by aluminium prices, green power
Chuangxin Industries Holdings Limited recorded a robust financial performance in the first half (H1) of 2026, with revenue rising 32.4 per cent year-on-year to RMB 11.53 billion (USD 1.71 billion) and net profit jumping 166.1 per cent to RMB 2.32 billion (USD 344.19 million). The Chinese aluminium...
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Alcoa losing its accuracy as a bellwether for the U.S. stock market
Alcoa Inc., the first Dow Jones Industrial Average member to report results each quarter, is losing its accuracy as a bellwether for the U.S. stock market. The Standard & Poor’s 500 Index has usually followed Alcoa’s lead since 2002, rising 2.5 percent in quarters when the aluminum producer beat...
Bosnian Serb government orders bankruptcy at Birac alumina plant
Bosnia's Serb Republic government ordered the tax authority on Saturday to launch bankruptcy procedures at the region's indebted alumina plant, majority-owned by troubled Lithuanian lender Ukio Bankas . The decision follows a police investigation earlier this week into alleged tax evasion and...
Alcoa Inc's first quarter estimate below consensus
Alcoa Inc’s earnings for the first quarter could be lower than consensus although higher alumina prices offset aluminum. Analysts at Macquarie Equities Research expressed concern over the company’s reliance on productivity gains although Macquarie Equities Research analysts, Aldo Mazaferro and Luke...
Henan Shenhuo Group’s profits down Over 80% YoY in 2012
According to Henan Shenhuo Group's annual report, the company reported RMB 27.99 billion in operating revenues during 2012, down 8.84% YoY ,and RMB 202 million in profits attributable to shareholders of its listed company, also down 82.48%YoY. Its earnings per share declined 82.43% YoY to RMB 0.114...
Global Alumina releases its 2012 year-end results
Global Alumina Corporation, a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the "Project"), announced its financial and operating results for the year ended December 31, 2012. For...
Chalco suffers big net loss in 2012
Aluminum Corp of China Ltd, the country's top aluminium maker, posted a worse-than-expected net loss of 8.2 billion yuan ($1.3 billion) for 2012 on Wednesday, as it faced low aluminium prices and rising costs. Chalco had warned of a full-year loss in January in a statement to the Shanghai Stock...
ALCHA’s profits plunged in 2012
According to Jiangsu ALCHA Aluminum's 2012 annual report, the company reported 93,800 mt in sales volumes last year, up 2,700 mt from the previous year. However, its operating revenues fell 6.78% YoY to RMB 1.91 billion, with profits attributable to shareholders of its listed company down to – RMB...
Chalco's second-half loss widens on higher cost of alumina
Aluminum Corp. of China Ltd., the nation’s biggest producer, reported a wider second-half loss because of falling prices and higher costs for alumina, which is used to produce the lightweight metal. The net loss was 4.98 billion yuan ($801 million) in the six months ended Dec. 31, from a loss of...
Nanshan Aluminum Company's operation revenue almost hit 14.9 billion Yuan in 2012
According to the annual report the Nanshan Aluminium Company’s operation revenue was 14.87 billion Yuan in last year, increased 11.57% over the same period; net profit attributable to shareholders of listed companies was 0.691 billion Yuan, decreased 32.39% over the same period; earnings per share...
Noranda reports US$ 200,000 loss
Lower prices and higher costs translated into a modest loss for Noranda Jamaica Bauxite Partners. The St Ann-based company's parent reported a US$200,000 loss from its bauxite segment last year, following profits of US$18.5 million in 2011, and US$23.8 million the year before. The mining company...
Kaiser Aluminum is down 3.5%
20 days ago, on February 19th, 2013, Kaiser Aluminum reported its earnings. Analysts, on average, expected earnings of $0.81 per share on sales of $325.0 million. The company actually reported EPS of $0.65 on sales of $314.0 million, missing EPS estimates by $0.16 and missing revenue estimates by...
China Zhongwang's Net Profit Surges 63.5% to RMB1.81billion in 2012
China Zhongwang Holdings Limited, the second largest industrial aluminium extrusion product developer and manufacturer in the world and the biggest one in Asia and China, announced its audited results for the 12 months ended 31 December 2012. The Group's revenue and profit attributable to equity...
Alba declares 28% total dividend for the year 2012
Aluminium Bahrain has declared fresh dividend for 2012 amounting BD39.6 million ($105 million) and equivalent to 28 per cent of the nominal value of the company’s shares – half of which was distributed in August 2012. The dividend will be payable from March 20 to Alba's shareholders of record as of...
Alro announced net loss for the year-end 2012
Alro, a subsidiary of Vimetco NV, a global, vertically-integrated primary and processed aluminium producer, has announced a net loss of US$50 million for the year-end 2012. Last year, the company posted a year-end 2011 profit of US$65 million. The company attributes the loss, or ‘main negative...
Romanian aluminium maker Alro posts loss
Romania’s aluminium producer Alro Slatina, controlled by Russian – owned Vimetco, ended 2012 on a loss, EUR 38.4 million, after an EUR 49 million profit in 2011. The reported data is preliminary and unaudited. This is the first time Alro posts a loss after its 2002 privatization. “External,...
Dubal net profit slumps by 55%
Dubai Aluminium (Dubal) has reported 2012 net profits of $430m – 55% down on the company's 2011 figure of $957m. The company's net profits figure includes Dubal's share in the profits of Emirates Aluminium (Emal). Despite the noticeable downfall in net profits from last year, the company's...
DUBAL posts gross sales revenue of AED 9.77 bn in 2012
For Dubai Aluminium (DUBAL) the entirely state-owned enterprise whose Jebel Ali operation ranks as the world's largest single-site primary aluminium smelter using pre-bake anode technology - 2012 was again an excellent year. ''DUBAL achieved gross sales revenue of AED 9.77 billion (compared to AED...
Dubai Aluminium reports net profits
Dubai Aluminium (Dubal) the state-owned enterprise yesterday reported net profit of Dh1.58 billion on a gross sales revenue of Dh9.77 billion. Dubal is one of the most profitable corporations in Dubai’s portfolio. “Dubal’s leading position is further affirmed by compound annual revenue and profit...
