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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The global leader in developing, manufacturing, and recycling aluminium products and solutions, Constellium, on February 21, 2024, reported results for the fourth quarter and full year ended December 31, 2023. Fourth quarter 2023 highlights: Shipments of 336 thousand tonnes, down 9 per cent...
Contact Energy Limited, a New Zealand electricity generator, natural gas wholesaler, and electricity retailer, has experienced phenomenal financial growth in six months, ending December 31, 3023, buoyed by potential deals with aluminium smelters. As per the report, Contact Energy has earned a net...
The biggest company in the Austrian aluminium industry sector, AMAG Austria Metall AG demonstrated remarkable business performance in 2023, despite a challenging economic climate. The company achieved a revenue of EUR 1,459.2 million, accompanied by an impressive EBITDA of EUR 188.4 million,...
Full year 2023 adjusted EBITDA amounted to NOK 22,258 million, compared with NOK 39,664 million in 2022. The decline was primarily due to reduced sales prices for aluminium and alumina, decreased volumes in extrusions and recycling, elevated fixed costs, and diminished proceeds from power sales....
Aluminium Bahrain (Alba), a global aluminium-producing giant, faced headwinds in 2023. Despite navigating through volatile LME prices and fluctuating premiums, Alba reported a Q4 profit of BD23.4 million ($62.2 million), a 40.7% Y-o-Y decrease from a profit of BD39.4 million (US$104.9 million) for...
In 2023, Bühler sailed through a challenging and unpredictable global environment, achieving heightened profitability and enhancing its equity ratio. Leveraging its status as an innovative solution provider, the company capitalised on numerous opportunities, securing a larger market share amid...
On February 13, 2024, National Aluminium Company Ltd announced a nearly twofold increase in consolidated profit, reaching INR 470.61 crore for the December 31, 2023 quarter. Nalco's filing to BSE marks a substantial rise of around 83.6 per cent (Y-o-Y) compared to the consolidated profit of INR...
On Tuesday, February 13, Hindalco Industries Limited announced a strong double-digit growth in net profit for the third quarter of FY2024 ended December 31, 2023. As per the report, the Aditya Birla Group Company’s consolidated net profit soared 71 per cent year-on-year to amount to INR 2,331...
On Monday, February 12, Novelis, the world’s leading producer of aluminium flat-rolled products and recycler, announced the third quarter results for the financial year of 2023-24, revealing net sales of US$3.94 billion, down by 3.9 per cent Q-o-Q from US$4.1 billion and 6.19 per cent less Y-o-Y...
The Cumbernauld-Scottland headquartered company Cube Glass, specialising in aluminium and glass, has announced a significant uptick in its trading performance, marking one of its most substantial advancements to date. Revenue has surged by well over £1 million, propelling the company's turnover to...
Crown Holdings, one of the world's largest aluminium can manufacturers, has disclosed its financial performance for the fourth quarter and full year ending on December 31, 2023. The company reported a net income of $450 million for the financial year 2023 (FY23), compared to $727 million in FY22,...
Egypt has greenlit substantial investments of nearly 2.9 billion Egyptian pounds ($94 million) in new metal industrial projects for the fiscal year 2023-2024. The initiative, spearheaded by the state-owned Metallurgical Industries Holding Company, aims to finance novel projects and augment...
On Wednesday, January 31, Egypt Aluminum, popularly known as Egyptalum, the largest aluminium producer in Egypt, announced that its net profits after tax during the first half of FY2023-24 ended December 31 amounted to EGP 3.43 billion, registering a jump of 101 per cent year-on-year from EGP 1.70...
As we enter the third week of the new year in 2023, industry predictions have proven accurate, with the primary aluminium prices experiencing a continuous decline. Notably, the Shanghai Futures Exchange (SHFE) price has demonstrated better resilience compared to the London Metal Exchange (LME)...
On January 17, 2023, Alcoa Corporation reported fourth quarter and full year 2023 results demonstrating progress on key priorities. Financial results and highlights Fourth quarter 2023 Received approval to continue bauxite mining in Western Australia Received clarification on qualification for...
The leading Anglo-Australian mining giant Rio Tinto, with a strategic move, is selling its Lake MacLeod salt and gypsum operations to Leichhardt Industrials Group for $251 million. The sale is an open avenue for Rio Tinto to boost its portfolio, aiming to amplify operational efficiencies at its...
Companhia Brasileira de Alumínio (CBA) informs its shareholders that it will pay, on December 22, 2023, R$0.34580615046 per share, totalling R$206 million, relating to the mandatory dividend, as resolved in the AGM/ E 2023. Dividend payments will be made by deposit into the shareholders' current...
Century Aluminum’s Chief Accounting Officer, Robert F. Hoffman, has reportedly sold 3,000 shares of the company stocks in a transaction, at an average price of $12 for each stock. That brought the total transaction of $36,000.000. Following the transaction, Mr. Hoffman owns 47,553 shares of Century...
