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), the world’s largest aluminium smelter ex-China, has declared a steep growth in its financial landscape for the second quarter of 2024, owing to increased sales and higher global aluminium prices. After a year-on-year downfall in Q1 fiscal output, Alba has recovered...
In its consolidated and separate financial results for H1 2024, ALRO, one of Europe's leading vertically integrated aluminium producers by production capacity, has demonstrated notable improvement in its financial performance. For the six months ending June 30, 2024, the Group reported a turnover...
Arab Aluminum Company (AAC), specialised in manufacturing extruding aluminium profiles for a wide range of industries like industrial and architectural, has announced its fiscal results for the first half of 2024, indicating a staggering growth in earnings. Arab Aluminum noted that its H1 net...
Ma'aden, Saudi Arabia's premier mining company, has announced a remarkable 160 per cent increase in profitability, achieving a net profit of SR2 billion ($532 million) for H1 2024 compared to the same period in 2023. The significant growth, highlighted in a statement on the Saudi stock exchange...
The Indian State-owned integrated aluminium company NALCO has reported a substantial 76 per cent increase in its first-quarter (APR-JUN FY25) profit, reflecting the impact of higher aluminium prices and reduced costs. For the quarter ending June 30, the state-owned firm's consolidated profit surged...
Century Aluminum Company, a US-based producer of primary aluminium, announced its second quarter 2024 results, revealing net sales of $560.8 million, up 14.57 per cent sequentially from $489.5 million, despite lower shipments. The higher average aluminium price, ranging above US$2,500 per tonne in...
Novelis Inc., an American industrial aluminium company that has etched its name in flat-rolled product manufacturing and recycling, announced the first quarter results for FY2024-25, which ended June 30. The results revealed robust earnings growth, led by a double-digit increase in beverage...
Aluminium is an essential component of the global economy, and this week, the upstream sector witnessed some significant events. Top events like LME aluminium registered its first rise of the month on Tuesday, August 6, following two consecutive days of downfall by a total of US$61.50 per tonne....
During the first half of the year, Northwest Aluminum experienced a significant 68.37 per cent increase in profit compared to the previous year. The company also optimised its operating cash flow by 63.19 per cent and reduced its asset-liability ratio by 6.88 per cent. Product sales saw an uptick...
Qatar Aluminium Manufacturing Company Q.P.S.C. (QAMCO), a 50 per cent joint venture partner in Qatar Aluminium Company (Qatalum), reported a net profit of QR237 million for the six-month period ending June 30 th , 2024. The earnings per share (EPS) stood at QR0.042. After a volatile 2023 and early...
On Tuesday, August 6, billionaire Anil Agarwal-led Vedanta Limited published its first quarter results ended June 30, 2024, emphasising increased net profit and revenue from operations, attributed to elevated metal prices. In Q1 FY2024-25, Vedanta generated a consolidated net profit of INR 3,606...
Ball Corporation, the world's leading producer of sustainable aluminium packaging, announced its second quarter results of 2024, whereby its net earnings attributable to the corporation were $158 million or total diluted earnings per share were 51 cents, down by 8.67 per cent from net earnings of...
AMAG Austria Metall AG, a leading Austrian supplier of primary aluminium, premium cast, and rolled aluminium products, announced its financial results for the first half of 2024 ended June 30, whereby it said the challenging environment in terms of demand for aluminium rolled products continued in...
China-based Guochao Aluminum recorded a total industrial output value of RMB 820 million during the first half of 2024 (H1). In the second quarter (Q2) alone, the company produced over 12,000 tonnes of aluminium, generating an output value of RMB 615 million and surpassing the quarterly target by...
On July 24, RHI Magnesita, the leading global supplier of high-grade refractory products, systems and solutions, announced its unaudited results for the six months ended 30 June 2024. RHI Magnesita delivered a resilient set of results against a challenging market backdrop which was largely...
Shaanxi Nonferrous Yulin New Materials Group recently reported that their production and operations have been stable and robust this year. From January to June, the company saw a 22.70 per cent increase in operating income and a 17.30 per cent rise in total profit compared to the same period last...
Vedanta Limited, the Indian multinational mining and metal giant, has achieved a significant financial feat. The company successfully raised over USD 1 billion (INR 8,500 crore) through a Qualified Institutions Placement (QIP), as revealed in a recent stock exchange filing. The QIP, which involved...
Note: This is an AI-generated image for representational purpose On July 17, Alcoa Corporation reported its consolidated results for the second quarter of 2024, ended June 30, following a preliminary report published in the previous week. The company declared that its revenue in Q2 stood at $2.906...
