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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Aluminum ETFs Follow Alcoa Lower After Results
...Exchange traded products that invest in aluminum followed Alcoa shares lower Tuesday morning after the Dow component reported quarterly results that disappointed Wall Street. Alcoa said it swung to a profit in the first quarter as aluminum prices rose, but traders punished the stock and Alcoa...
Alcoa announces income and revenue growth of Q1 2011
...Alcoa announced Q1 2011 income from continuing operations of USD 309 million or USD 0.27 per share, a 20% improvement over Q4 2010 led by improved pricing and growing demand for aluminum in major end markets. Income from continuing operations, excluding a negative impact for special items of USD...
Alcoa announces income and revenue growth of Q1 2011
...Alcoa announced Q1 2011 income from continuing operations of USD 309 million or USD 0.27 per share, a 20% improvement over Q4 2010 led by improved pricing and growing demand for aluminum in major end markets. Income from continuing operations, excluding a negative impact for special items of USD...
Alcoa sets a somber tone
...After much hoopla, Alcoa Inc. kicked off the first-quarter earnings season after the closing bell Monday. The initial market reaction was pretty subdued. Then it turned ugly...
ST Guanlv Aluminum recovers relisting progress
...For three year loss of ST Guanlv Aluminium in 2008, 2009 and 2010, Shenzhen Securities decided to suspend ST Guanlv Aluminum from March 24, 2011. Chairman of the company has urged the operation dept to strengthen production and operation management, enhance company’s profitability ability. Now...
Do-Fluoride company performance forcasted to rise 100%-150% in the first half year
...April 8, Do-Fluoride Chemicals Co., Ltd released 2010 Q1 report. The company also expected its net profit growth range in H1 will be 100%-150%, but 27,197,600 yuan in the same period of last year...
Rusal tripled its annual profits in 2010
...The world's top aluminium producer, the Russian group Rusal, announced Thursday that its net profits more than tripled in 2010 to $2.87 billion, due to growing demand for the metal, particularly in China...
Austrian aluminum group AMAG plans EUR 535 million IPO
...Reuters reported that Austrian aluminum group AMAG pressed ahead with an initial public offering that it said could rise up to EUR 535 million. It set a price range of EUR 19 to EUR 24 per share for a public offer to institutional and private investors in Austria...
Ormet Reports 2010 Financial Results
...Ormet had net income of $39.8 million with earnings per share of $2.15 for the year ended December 31, 2010. These results included a $36.5 million ($1.97 per share) non-cash income tax benefit associated with reversal of a portion of Ormet’s fully reserved accumulated deferred income tax...
Nalco pays Rs 476 crore Advance Tax for 2010-11
...Navratna PSU National Aluminium Company Limited ( NALCO )) today said it has paid Rs 476 crore as advance income tax for the financial year 2010-11, as against Rs 295 crore paid for the last fiscal...
Nalco pays Rs 476 crore Advance Tax for 2010-11
...Navratna PSU National Aluminium Company Limited ( NALCO )) today said it has paid Rs 476 crore as advance income tax for the financial year 2010-11, as against Rs 295 crore paid for the last fiscal...
Rio Tinto Alcan chief executive's remuneration increases 10 per cent to $5 million
...Rio Tinto Alcan chief executive Jacynthe Cote saw her total remuneration increase by more than 10 per cent last year to about $5 million. The head of the mining giant's Montreal-based aluminum division earned US$3.38 million last year, up 21.4 per cent from US$2.79 million in 2009...
US aluminum sheet maker Aleris posts $42 million net income in Q4
...US aluminum sheet maker and recycler Aleris Thursday posted fourth-quarter net income of $42 million, compared with a net loss of $759 million for Q4 2009. Q4 net earnings would have been $48 million and $34 million in 2010 and 2009, respectively, excluding the tax impacts of metal price lag,...
hinese aluminum producer Chalco reports earnings of US$118 mil. in '10
...China's largest aluminum producer Chalco said Tuesday it swung back into the black in 2010, after falling metals prices and the global financial crisis pounded its balance sheet in the previous year. Chalco, the listed unit of state-owned Chinalco, said it earned 778 million yuan (US$118...
Chalco actively advances overseas business
...China’s largest aluminium producer Aluminum Corporation of China (ACH) (10.86,-0.11,-1.00%)(601600)released annual report on March 1st. According to the report, Chalco realized sales income of 120.995 billion yuan with an increase of 72.19%, net profit 778 million yuan( loss 4.619 nillion yuan...
Wanfang Aluminum net profit down by 40pct in 2010
...Jiaozuo Wanfang Aluminum Manufacturing posted 40.06% slump in 2010 net profit to CNY 116 million. Sales revenue rose 9.62% to CNY 5.59 billion while earnings per share fell 40.05% to CNY 0.24. The asset impairment of CNY 319 million in Jiaozuo Wanfang Electricity Limited was blamed for the drop...
Hulamin annual earnings up
...Aluminium group Hulamin (HLM) on Monday reported a decrease in headline earnings per share from 37 cents to 27 cents for the year ended December...
Alba 2010 sales hit $1.9 billion
...Aluminium Bahrain (Alba) saw sales figures reach $1.9 billion last year as compared to $1.5 billion in 2009 while net income was $368 million as against a loss of $220 million in 2009...
