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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South32 published results for the half year ended 31 December 2020 (H1 FY21). The Group reported statutory profit after tax of US$53M in H1 FY21, a drop of US$46M from last year. Underlying EBITDA stood at US$633M, down 7 per cent from US$678M in H1 FY20. “As we continue to navigate the...
US-based primary aluminium producer Century Aluminum Company has announced its fourth-quarter and full-year results of 2020, revealing a drop of 1 per cent in net sales in Q4 2020 to US$ 389.1 million from US$ 392.9 million in Q3 2020. That was primarily due to the decline in shipments from 203,022...
Rio Tinto has reported the full-year results of 2020, revealing a strong performance and successful response to the COVID-19 pandemic. Its net earnings grew year-on-year by 22 per cent from US$ 8,010 million to US$ 9,769 million, while its net cash generated from operating activities increased 6...
The Qatari Public Shareholding Company, Qatar Aluminium Manufacturing Company (Qamco) has reported a net profit of QR 95 million. The aluminium company has proposed a dividend distribution of QR195.3mn, representing a payout ratio of 206% of 2020’s net earnings, equivalent to 3.5% cash dividend or...
On February 15, 2021, Maan Aluminium has reported net sales/income from operations at INR 96.53 crore for the December quarter in 2020. This is up by 3.63 per cent quarter-on-quarter from 93.15 crore but down by 23.45 per cent year-on-year from INR 126.10 crore. Net profit during the same quarter...
Bharat Forge, one of the leading aluminium forging house has reported a loss of INR 210.44 crore for the December’20 quarter compared to a profit of INR 40.40 crore in the comparable quarter in the previous year. The company stated that it had to deliver INR 274.26 crore during the quarter towards...
On 12 th February 2021, the National Aluminium Company Limited (NALCO) posted a consolidated profit of INR 239.71 crore for the third quarter (Q3FY21) ended 31 st December’20. The Navratna PSU, under Ministry of Mines, Government of India producing alumina and aluminium, had posted a consolidated...
Aluminium Bahrain (Alba) reported a Profit of BD32 million (US$85.1 million) in Q4 2020, up by 132% Year-over-Year (YoY). The Total Comprehensive Income came in at BD32.9 million (US$87.7 million), a jump of 138% YoY. Gross Profit increased to stand at BD60.1 million (US$159.9 million). Revenue...
Rusal recently announced its fourth-quarter and full-year operating results of 2020, revealing that its aluminium production in Q4 stood at 950,000 tonnes, bringing the total full-year output to 3.755 million tonnes. The production in Q4 saw an increase of 1.2 per cent from 939,000 tonnes in Q3,...
On 10 th February 2021, the metals Flagship Company of Aditya Birla Group, Hindalco Industries reported a consolidated profit after tax at INR 1,877 crore for the Q3 ended 31 st December’20, which is up by 77% Y-o-Y and 385% consecutively. Hindalco posted a consolidated profit of INR 1,062 crore in...
Bulgarian manufacturer of rolled and extruded aluminium products ‘Alcomet AD’ posted a standalone net loss of 3.8 million levs (€1.8 million) in 2020 from a net profit of 8.6 million levs in 2019. In an annual financial statement, Alcomet stated that the revenue generation shrunk to 348.1 million...
On Wednesday, February 3, Novelis Inc., the world leader in aluminium rolling and recycling, reported a net income attributable to common shareholder of $176 million in the third quarter of the financial year 2020-21, up 64 per cent year-on-year. The company’s net income from continuing operations...
Vedanta Limited, one of the world’s leading diversified natural resource companies, has reported consolidated net profit of INR 3,017 crore in the third quarter of FY2020-21 ending on December 31. The profit stood up by 35 per cent from the same period last year backed on higher revenues. Net sales...
Gränges, a supplier of rolled aluminium products for heat exchanger applications, reported sales volume of 350.6 ktonnes during the full year 2020, an increase of 0.9 per cent year-on-year. Net sales decreased by 8.1 per cent to SEK 11,008 million. Excluding acquisitions, sales volume and net sales...
On 25 th January 2021, Hisham Tawfik, Minister of Public Business Sector announced that “Egypt’s government is warming up to implement the modernisation project of Egyptalum, a national company for aluminium industries listed in EGX as Egypt Aluminium (EGAL).” Tawfik also stated: “US-based Bechtel,...
Alcoa Corporation revealed a full-year revenue of US$ 9,286 million for 2020 and US$ 2,392 million for the fourth quarter of the year. The full-year revenue stood down by 11 per cent year-on-year, while the fourth quarter revenue stood almost flat quarter-on-quarter. As a consequence, adjusted net...
On Wednesday, January 20, Alcoa Corporation, the world’s eighth-largest aluminium producer, reported the fourth quarter and full-year results of 2020 that reflect strong operational performance. In Q4 2020, the company produced 12.2 million dry metric tonnes of bauxite compared to 12 million dry...
Hind Aluminium Industries Limited, a manufacturer of aluminium & alloy conductors and aluminium wire rods for use in power transmission and distribution applications, published its results for the quarter ended September 2020. Hind Aluminium’s sales stood at INR 43.62 crore in the quarter ended...
