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Man Aluminum announces Q3 2010 financial result
14 FEB 20111MINS

Man Aluminum announces Q3 2010 financial result

...Man Aluminum Limited has announced the Financial Results for the Quarter ended December 31st 2010...

GMDC net up 42%
11 FEB 20111MINS

GMDC net up 42%

...State-owned Gujarat Mineral Development Corporation Ltd (GMDC) has registered 42 per cent rise in its net profits at Rs 101 crores for the third quarter ended December 2010. Company's quarterly turnover stood at Rs 360 crores up 33 per cent against the corresponding period last year and 45 per...

Alumina back in the black with $35m profit
11 FEB 20111MINS

Alumina back in the black with $35m profit

...ASX-listed bauxite miner and aluminium producer Alumina on Thursday reported a return to profitability for the 2010 financial year, posting a net profit of $35-million...

Noranda Aluminum Holding Co. (NOR) Upgraded by Zacks Investment Research to “Neutral”
09 FEB 20111MINS

Noranda Aluminum Holding Co. (NOR) Upgraded by Zacks Investment Research to “Neutral”

...Equities research analysts at Zacks Investment Research upgraded shares of Noranda Aluminum Holding Co. (NYSE: NOR) from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday...

NALCO declares 20pct interim dividend
07 FEB 20111MINS

NALCO declares 20pct interim dividend

... ET reported that Navaratna PSU National Aluminum Company Limited declared an interim dividend of 20%. An official release said that the NALCO board approved the payment at the rate of INR 2 per share on the paid up equity share capital of INR 644.31 crore for the year 2010 to 2011. ....

Nalco profits up 65%
02 FEB 20111MINS

Nalco profits up 65%

... National Aluniminum Company (Nalco) reported a 64.93% increase in net profit at INR2.5bn ($54.5M) for the quarter ended December 31 due to higher sales. ...

Nalco Q3 net jumps by 65pct YoY?
02 FEB 20111MINS

Nalco Q3 net jumps by 65pct YoY?

... The Indian government owned aluminium producer National Aluminium Company has posted a net profit of INR 256 crore in quarter to December, a growth of 65% over INR 155 crore a year ago, mainly owing to better capacity utilization, input cost control and favorable market demand. ...

No fundraising plans in near future: NALCO
01 FEB 20111MINS

No fundraising plans in near future: NALCO

...State-owned National Aluminum Company Limited (NALCO) third quarter net sales were up 2.77% at Rs 1,425 crore versus Rs 1,386.5 crore, year-on-year, YoY. The company’s net profit was up 65% at Rs 256 crore versus Rs 155.2 crore, YoY...

Montupet reports recovery with turnover of EUR 60 million
28 JAN 20111MINS

Montupet reports recovery with turnover of EUR 60 million

...It is reported that Montupet wholly owned subsidiary of a French company of the same name has operated successfully in Dunmurry for 20 years, specializes in the manufacture of aluminium vehicle engine components for which it has contracts from a number of car manufacturers from across Europe...

Montupet reports recovery with turnover of EUR 60 million
28 JAN 20111MINS

Montupet reports recovery with turnover of EUR 60 million

...It is reported that Montupet wholly owned subsidiary of a French company of the same name has operated successfully in Dunmurry for 20 years, specializes in the manufacture of aluminium vehicle engine components for which it has contracts from a number of car manufacturers from across Europe...

Alcoa Announces Dividend and Stock Contribution to Pension Plans
24 JAN 20111MINS

Alcoa Announces Dividend and Stock Contribution to Pension Plans

...The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 3 cents per share payable February 25, 2011 to shareholders of record at the close of business on February 4, 2011 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative...

Yet More Trouble For Billionaire Liu Zhongtian’s China Zhongwang
24 JAN 20111MINS

Yet More Trouble For Billionaire Liu Zhongtian’s China Zhongwang

...Aluminum producers maker China Zhongwang, no stranger to trouble since its listing in Hong Kong in 2009, added this for investors on Friday night: A warning that profits for last year are expected to tank...

China Minmetals Group Achieves Profit of 7.0 Billion Yuan, strive to double 2015
21 JAN 20111MINS

China Minmetals Group Achieves Profit of 7.0 Billion Yuan, strive to double 2015

... (China Aluminum Network)January 20, it was reported from the annual meeting of China Minmetals Corporation that China Minmetals Group realized 255 billion yuan of revenue and 7.0 billion Yuan of profit. ...

Shanxi Guanlu Predicts Loss For 3rd Straight Year
20 JAN 20111MINS

Shanxi Guanlu Predicts Loss For 3rd Straight Year

...Shanxi Guanlu (000831), a Shanxi-based aluminum company, predicts that it will incur a loss of between 200 million yuan and 230 million yuan in 2010, reports China Business News, citing a company filing...

Chalco Shares Rise as It Expects to Turn to Profit
19 JAN 20111MINS

Chalco Shares Rise as It Expects to Turn to Profit

... Aluminum Corporation of China Ltd., the nation’s biggest producer of the metal, rose the most in almost eight months after saying it expects to report a profit for 2010, compared with a loss a year earlier. ...

Chalco Says Expects to Post Net Profit for 2010
18 JAN 20111MINS

Chalco Says Expects to Post Net Profit for 2010

... Aluminum Corp of China Ltd (Chalco) (2600.HK: Quote)(601600.SS: Quote) said it expects to turn a net profit for 2010 after recording a net loss of 4.646 billion yuan ($690 million) in 2009. ....

Global Alumina to Restate 2009 Financial Statements
17 JAN 20111MINS

Global Alumina to Restate 2009 Financial Statements

...Global Alumina Corporation (TSX: GLA.U) (the "Company" or "Global Alumina"), 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..

Dongyangguang Aluminum predicts 280pct surge in 2010 net profit
14 JAN 20111MINS

Dongyangguang Aluminum predicts 280pct surge in 2010 net profit

...It is reported that Guangdong Dongyangguang Aluminum a producer of hydrophilic foils, formed foils and electronic aluminum foils predicts that its 2010 net income will surge by between 230% YoY and 280%YoY...