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Dahlman Rose & Co Maintains Kaiser Aluminum Hold
24 FEB 20111MINS

Dahlman Rose & Co Maintains Kaiser Aluminum Hold

...Dahlman Rose & Company maintained its Kaiser Aluminum (NASDAQ: KALU) Hold rating in a research report published. 4Q10 EBITDA ex-non-run-rate items (NRR) of $15.7 MM, versus our estimate of $15 MM. Total 4Q10 shipments and value added revenue declines sequentially due to seasonal softness and...

Shareholder Cuts Holdings In Taiyuan Twin Tower Aluminium Oxide
23 FEB 20111MINS

Shareholder Cuts Holdings In Taiyuan Twin Tower Aluminium Oxide

...Taiyuan Twin Tower Aluminum Oxide’s (000795) second largest shareholder, Taiyuan Dongshan Coal Mine, sold a total of 2.81 million shares, accounting for 1.02 percent of total equity, between November 19 2010 and February 21 2011, reports 163.com, citing a company filing...

Alcoa Chief's Compensation Rose 10 Percent in 2010
23 FEB 20111MINS

Alcoa Chief's Compensation Rose 10 Percent in 2010

...The CEO of Alcoa Inc. saw his compensation rise about 10 percent last year, to $12.3 million, as the aluminum company posted its first full-year profit after two years of losses, according to an Associated Press calculation from the company's proxy statement...

Kaiser Aluminum posts loss after tax hike
22 FEB 20111MINS

Kaiser Aluminum posts loss after tax hike

...Kaiser Aluminum Corp posted a fourth-quarter loss after paying a higher tax rate but saw value-added revenue from aerospace and high strength applications outpacing year-ago results over the next six months...

Raising Our Fair Value Estimate for Rio Tinto
22 FEB 20111MINS

Raising Our Fair Value Estimate for Rio Tinto

... Analyst Note Rio Tinto (RIO) generated record underlying fiscal 2010 earnings of $14.0 billion that came in 3.5% ahead of our $13.5 billion forecast--a very pleasing result, particularly from iron ore where earnings before interest and tax (EBIT) increased 150% to $15.6 billion. ...

NALCO Presents Dividend Cheque to Mines Minister
22 FEB 20111MINS

NALCO Presents Dividend Cheque to Mines Minister

...The Navratna public sector, National Aluminium Company Limited (NALCO) handed over a dividend cheque of Rs. 112.29 crore here today to the Minister of Mines, Shri Dinsha J. Patel on the 87.15% shares (amounting to Rs. 561.50 crore) held by the Government of India. ..

Serious money issues plaguing Bauxite
22 FEB 20111MINS

Serious money issues plaguing Bauxite

...Bauxite is apparently experiences major financial problems according to the mayor. Mayor Johnny McMahan says the setback stems from an IRS audit. Last Friday the IRS garnished more than $13,000 from the city's bank Account...

Jiaozuo Wanfang Aluminum may have unusual moves
21 FEB 20111MINS

Jiaozuo Wanfang Aluminum may have unusual moves

...: The maker of aluminum products said net income for 2010 fell 40 percent from a year earlier because of an impairment of assets for one of its subsidiaries. The stock dropped 2.9 percent to 21.11 yuan...

Maan Aluminum earnings plummet 97pct
21 FEB 20111MINS

Maan Aluminum earnings plummet 97pct

...Maan Aluminum reported a phenomenon drop in standalone net profit for the quarter ended December 2010. During the quarter, the profit of the company declined 97.01% to INR 0.20 million from INR 6.70 million in the same quarter last year...

Steel Guru : Century <em>Aluminum</em> announces Q4 2010 earnings - 191863 <b>...</b>
19 FEB 20111MINS

Steel Guru : Century <em>Aluminum</em> announces Q4 2010 earnings - 191863 <b>...</b>

... Financial results were negatively impacted by net after tax expense of USD 11.5 million related to the purchase of downside aluminum price ...

Lopsking AluBHP Billiton updates aluminum results of half year 2010minum net profit down 34pct in 2010
18 FEB 20111MINS

Lopsking AluBHP Billiton updates aluminum results of half year 2010minum net profit down 34pct in 2010

...Underlying EBIT was USD 17 million, a decrease of USD 137 million or 89% compared to the corresponding period. Higher aluminum and alumina prices increased Underlying EBIT by USD 197 million but were more than offset by broader cost pressures which included a combined USD 110 million impact from...

Lopsking Aluminum net profit down 34pct in 2010
18 FEB 20111MINS

Lopsking Aluminum net profit down 34pct in 2010

...Capitalvue reported that Suzhou Lopsking Aluminum recorded 33.55% YoY decline in 2010 net profit to CNY 66.23 million while sales revenue hit CNY 964 million up 3.12% YoY...

Records everywhere but aluminum loses shine
18 FEB 20111MINS

Records everywhere but aluminum loses shine

...SMH reported that records everywhere for BHP except in aluminum. A breakdown of BHP's bumper December half profit of USD 10.5 billion shows that the group's aluminum division was the runt in the litter raising questions about its long term future in BHP's portfolio...

Century Aluminum Shares Popped: What You Need to Know
17 FEB 20111MINS

Century Aluminum Shares Popped: What You Need to Know

...What: Shares of aluminum producer Century Aluminum (Nasdaq: CENX) were hopping today, gaining as much as 11% in intraday trading after a strong fourth-quarter report...

Aluminium producer Alro doubles net profit to USD 50.4 mln on international market recovery
16 FEB 20111MINS

Aluminium producer Alro doubles net profit to USD 50.4 mln on international market recovery

... Aluminium producer Alro posted a preliminary net profit of USD 50.4 million last year, almost double on the previous year, the company has announced. Its turnover was of USD 570 million, up on the EUR 334 million posted the year before. ...

Century Reports 2010 Earnings
16 FEB 20111MINS

Century Reports 2010 Earnings

... Century Aluminum Company (NASDAQ: CENX) reported net income of $65.3 million ($0.65 per basic and $0.64 per diluted common share) for the fourth quarter of 2010. ....

Century Aluminum Turns To Profit In Q4
16 FEB 20111MINS

Century Aluminum Turns To Profit In Q4

... Aluminum producer Century Aluminum Co. CENX: News) Tuesday reported a profit for the fourth quarter, compared to a loss last year. Century Aluminum's net income to shareholders for the quarter was $59.94 million or $0.64 per share compared to a loss of $24.35 million or $0.28 per share in the...

Century Aluminum posts fourth-quarter profit
16 FEB 20111MINS

Century Aluminum posts fourth-quarter profit

... Century Aluminum Co (CENX.O) reported a fourth-quarter profit on Tuesday after a loss the previous year. Net profit was $65.3 million, or 64 cents per share, compared with a loss of $24.4 million, or 28 cents per share, .....