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 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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Aluminium Bahrain B.S.C. (Alba) has reported a twofold increase in its Q3 profit for the calendar year ending December 31, 2024. Registering a 215 per cent hike Y-o-Y, Alba’s profit in the September quarter stood at BD54.5 million (US$145 million) versus BD17.3 million (US$46 million) in Q3 2023....
Hindalco Industries Limited, the Aditya Birla Group metals flagship and one of India's biggest aluminium manufacturing companies has announced the second quarter results for the fiscal year 2024-25, reporting a year-on-year hike of 7.45 per cent in revenue from operations. From INR 54,169 crore...
As a result of an aluminium shortage, Jaguar Land Rover (JLR) recently reported a significant decline in profits. The luxury carmaker attributed the fall in deliveries to a flooding incident at one of its key aluminium suppliers in Switzerland, severely impacting the production of its high-end...
Novelis Inc., a global leader in sustainable aluminium solutions and a subsidiary of Hindalco Industries, announced its financial results for the second quarter of fiscal year 2025 on November 6, 2024. The company, renowned for its dominance in aluminium rolling and recycling, reported a...
Befesa S.A., a hazardous aluminium and steel recycling service provider, has promising gains in the second quarter of the fiscal year with double-digit adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA). Image Source: Linkedin (Befesa) Headquartered in Luxembourg, the...
Century Aluminum Company, a US-based producer of primary aluminium, announced its third-quarter 2024 results, revealing net sales of $539.1 million. That was down by 3.9 per cent sequentially from $560.8 million, attributed to decreased third-party alumina sales but partially offset by increased...
In October 2024, the LME aluminium prices saw renewed strength despite the headwinds of a stronger US dollar and varied economic indicators from key markets. After reaching a cash-month low of $2,521 per tonne on October 15, prices rebounded to USD $2,617 per tonne by the month's close. A major...
In late October, before declaring third-quarter financial results, Ball Corporation completed the acquisition of a European aluminium packaging firm, Alucan Entec SA, which is believed to have boosted earnings per share on a year-on-year basis. Image Source: Ball Corporation The acquisition, worth...
PT Alumindo Light Metal Industry Tbk (ALMI), one of Southeast Asia's largest aluminium rolling manufacturers, has halted all operational activities, including production, administration, and sales. Founded in 1978, ALMI is based in Surabaya, Indonesia, and operates as a subsidiary of the Maspion...
AMAG Group demonstrated remarkable resilience in Q3 2024 despite the ongoing economic challenges in Europe, achieving 8 per cent year-over-year growth in EBITDA. The Metal Division maintained a strong earnings performance across the first three quarters, underscoring the Group's stability in a...
China's largest aluminum producer Aluminium Corporation of China Limited, popurlarly known as Chalco, has released its third quarter’s fiscal results, posting a 3.3 per cent year-on-year rise in net profit to RMB 2 billion (US$280.4 million). During the period under review, Chalco’s revenue also...
Pakistan Aluminium Beverage Cans Limited (PABC), the first can manufacturing plant in Pakistan with a 1.2 billion cans production capacity in a year, has reported its financial result for the September quarter of 2024, revealing a net profit of PKR 1.71 billion (US$6.15 million), up 15.1 per cent...
Aluminum plays a crucial role in the global economy, and the increasing demand for this green metal highlights its enduring importance. Despite occasional setbacks or fluctuations, the market for aluminium remains resilient. The upstream aluminium sector, which includes bauxite, alumina, and...
Norsk Hydro, a Norwegian aluminium and renewable energy company, has released its third quarter and nine-month results, reporting a satisfactory fiscal performance driven by increased alumina and aluminium prices. Meanwhile, the downstream sectors are navigating challenging core markets, offering a...
Qatar Aluminium Manufacturing Company (Qamco) posted a 21 per cent increase in profits for the first nine months of 2024 despite rising raw material costs. By the end of September, the company's profit reached QR427.7 million ($117.3 million), up from QR353.5 million during the same period in 2023....
Gränges, a global leader in aluminium engineering and manufacturing, has reported a strong performance in its third-quarter 2024 interim results, driven by increased market share and strategic sustainability efforts. Despite some pressures on profitability, the company delivered robust growth in...
Crown Holdings Inc., a leading American company specialising in making metal beverage and food cans, metal closures, and speciality packing, has announced its third-quarter financial results, which have marked significant growth in each global beverage can business, exceeding original expectations....
This week, the upstream sector of the aluminium industry, comprising bauxite, alumina, and primary aluminium, witnessed some important events. One of the notable events would be the alumina price exceeding the RMB 4500 mark, breaking all the records of the past thirteen years. The alumina prices...
