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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On May 8th, Egypt Aluminum (Egyptalum), the largest aluminium producer in Egypt and one of the largest in Africa reported that it had become profitable for the first nine months of the company's fiscal year (FY) 2021 to 2022. The Egyptian financial year runs from 1st July to 30th June. The...
The growing EV market has inspired Gränges to equip its production unit in Newport city, Arkansas with the technologies required to manufacture cathode foils for the lithium-ion battery market. A leading supplier of thin-foil solutions in the US, the company will for the first time produce cathode...
On May 5, 2022, Ball Corporation, the world’s leading aluminium packaging company, announced its first quarter 2022 financial results, declaring net earnings of $446 million or $1.37 per diluted share attributable to net sales of $3.7 billion. A year ago, the company’s net earnings were $200...
Alcomet a manufacturer of aluminium products from Bulgaria, after calculating the net profit, announced a steep increment in its first quarter. This year Q1 yielded 5.7 million levs or US$ 3.07 million in comparison to Q1 2021 which only could make 171,000 levs or US$106,300. The prevailing war in...
Norsk Hydro, the Norwegian headquartered global aluminium producer, posted record quarterly earnings for Q1 on Tuesday, April 3. As per the reports, Hydro's adjusted EBITDA grew from NOK 9,011 million in Q4 to NOK 11,165 million in the first quarter of 2022. Higher all-in metal and alumina pricing,...
As a leading provider of hazardous waste recycling services to the aluminium and steel industries, Luxembourg-based Befesa S.A., recently reported the strongest quarterly results in its 35-year history, with an EBITDA of 61.1 million euros ($64.4 million). Befesa said, “In addition, it was 25 %...
Nemak, a multinational automobile components manufacturer based in Garca, Mexico, announced $1,131 million in sales in the first quarter of 2022, up 8.9% year over year due to higher aluminium prices. Nemak has recently expanded into the field of structural components and electric car components....
The global aluminium industry's most crucial, downstream segment remained highlighted due to some of the potential news. To begin with, AMAG achieves the greatest quarterly profitability in 1Q2022, with revenue up 60 percent. The largest firm in the Austrian aluminium manufacturing sector, AMAG...
AMAG Austria Metall AG, the biggest company in the Austrian Aluminium industry sector, has reported a continued positive performance for the 1st quarter of 2022 ended March 31. By the data revealed, the company has achieved the highest quarterly earnings in its history for 1Q2022, contributed by...
Century Aluminum Company, a US-based primary aluminium producer, has announced its first quarter 2022 operation and financial results, revealing that shipments in the same period ended March 31 increased by 5 per cent quarter-on-quarter from 200,961 tonnes to 211,411 tonnes, bolstered by the...
Malaysian Press Metal Aluminium declared that its Sarawak subsidiary is approved of an ‘amicable settlement’ with the Inland Revenue Board (IRB) for the additional settlements of the years 2014 to 2019. Concurring to a letter sent from the IRB head office dated 22nd April, a subsidiary of Press...
Sales at Alcoa Corp. fell as a result of protracted supply chain interruptions, sparking concerns that the tie-ups will diminish consumer demand for aluminium. In the first quarter, the Pittsburgh-based aluminium maker reported sales of $3.29 billion, which fell short of the $3.44 billion. Due to a...
Hulamin’s operational profit for the year ending December 31, 2021, reflected an increment of 760 percent to close at R538 million from R81 million in 2020. The company's headline earnings increased to R560 million from a loss of R220 million the previous year. The company also said that headline...
LB aluminium, one of the largest suppliers of aluminium in Malaysia, has recorded a decline in its net profit by 0.58 per cent to score at RM14.79 million for Q3 ended January 31, 2022 (3QFY22) from RM14.88 million a year earlier. According to the company's registration with Bursa Malaysia,...
On 25 th March 2022, the Romanian integrated aluminium company, ALRO S.A. publicised its consolidated and separate financial statements for the year ended 31 st December 2021. ALRO Group, one of the largest aluminium producers of Europe registered a turnover of RON 3.5 billion up from RON 2.5...
On 18 th March 2022, the international metals recycler, Romco Group which produces clean and sustainable essential metals that decarbonise the global supply chain declares its record-breaking financial and operational results for 2021. A strong Q4 performance for the company triggers to be a record...
Press Metal Aluminium Holdings Bhd, a Malaysia-based extrusion producing company, announced last week its record annual net profit of RM1.03 billion for the financial year ended December 31, 2021, following its fourth quarter’s earnings nearly doubled to RM285.82 million from RM145.25 million. The...
The largest primary aluminium in the GCC region and the biggest non-oil industrial entity of UAE, Emirates Global Aluminium (EGA) booked a record whopping 1,140% rise in net profits for 2021 to $1.5 billion. The company earning depicts a bulls-eye of sharp turn following the disruptions rooted in...
