Norsk Hydro shares gain 14% M-o-M: Aluminium demand, Q2 results draw investor focus
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 H1’26: Profit jumps 166%, driven by aluminium prices, green power
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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China Zhongwang’s revenues and profit increase in Q3 2017
China Zhongwang, world’s leading aluminium extrusions product manufacturer, yesterday announced its third quarter results. The company posted an increase in profit and revenues during the third quarter of 2017. The increase was due to the higher aluminium prices. China Zhongwang’s revenues in Q3...
AMAG Austria reports double-digit revenue and earnings growth
The AMAG Group, a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products for highly varied industries continued its successful trend in Q3 2017. The company achieved YoY growth in terms of shipments, revenue and earnings in the January to September 2017 period....
Australian Bauxite announces quarterly report for three months to 30 September 2017
Australian Bauxite Limited (ABx) has posted quarterly report and activity statement for three months to 30 September 2017. The company registered two sales during the quarter comprising 30,000 tonnes of mixed grade blended cement-grade bauxite and 5,000 tonnes of cement grade. Fertiliser grade...
Alba’s net income surges 80% YoY driven by higher LME prices & Line 5 recovery operations
Aluminium Bahrain B.S.C (Alba) presents its financial results for Q3 and 9 months of 2017. The company’s top-line and bottom-line were driven by higher LME prices and the speed recovery of Line 5 operations. The Company reported a total sale of BD 235.3 million (US$ 625.8 million) IN Q3 2017, up...
F-150 Pickups drive Ford’s Q3 2017 earnings beating expectations
Ford recently announced its third quarter 2017 results which were primary driven by its all-aluminium F-150 Pickups sale. The company reported a profit of $1.6 billion, an increase of 63% YoY. On a per share basis, the Dearborn automaker earned of 39 cents per share, beating the 33 cents per share...
Century Aluminum reports improved EBITDA and income for Q3 2017
Century Aluminum Company reported net income of $20.8 million for Q3 2017 in comparison to net income of $7.1 million for Q2 2017. Adjusted net income for Q3 2017 was $14.4 million compared to adjusted net income of $0.8 million for Q2 2017. Results were favourably driven by a $5.5 million non-cash...
Chalco’s nine months profit jumps on the back of rising aluminium prices
Chinese aluminium giant Chalco announced an increase in net profit and revenue in the first nine months of 2017. The company’s net profit jumped more than tenfold year-on-year on higher aluminium prices. According to news published by Reuters, Chalco posted 1.36 billion yuan ($205 million) in...
TOR Minerals International's alumina revenue falls 23% in 3Q17
TOR Minerals International, Inc. producer of high performance specialty minerals published its financial results for the third quarter ended September 30, 2017. The company’s sales decreased 5 percent to $9.5 million in Q3 2017. The decrease in revenue was primarily due to a 23 percent decrease in...
Higher aluminium prices lift Constellium’s adjusted EBITDA 15% in Q3 2017
Constellium today reported results for third quarter ended September 30, 2017.The company generated revenue of €1.3 billion in Q3, up 7% compared to the third quarter of 2016 Q3 2016 due to higher aluminium prices. Constellium reported net income of €21 million improved from €15 million in the...
Hydro’s Q3 2017 results down on increased raw material costs and currency
Hydro yesterday announced results for the third quarter of 2017. The company’s underlying earnings before financial items and tax decreased to NOK 2,446 million in the third quarter. Hydro President & CEO, Svein Richard Brandtzæg said, “"We have lifted our global demand estimate for 2017 to 5-6%,...
Arconic reports improved adjusted EBITDA in Q3 2017 driven by higher volumes across all business
Arconic Inc. reported results for the third quarter of 2017 with a revenue realization of $3.2 billion, up 3% YoY, driven by higher volumes across all business segments as well as higher aluminium prices. The company reported net income of $119 million versus $166 million in Q3 2016. Excluding...
Kaiser Aluminum’s Q3 2017 net income grows US$5 mln YoY; automotive extrusions drive growth
Leading aluminium value-added company Kaiser Aluminum Corporation announced third quarter 2017 results on Wednesday, October 18. The net income of US$20 million, or US$1.16 earnings per diluted share, was higher from the previous year’s Q3 net income and earnings per diluted share of US$15 million...
Rio Tinto update on former Mozambique coal assets
Rio Tinto has been notified by the US Securities and Exchange Commission (SEC) that it has filed a complaint today in relation to Rio Tinto’s disclosures and timing of the impairment of Rio Tinto Coal Mozambique (RTCM). The impairment was reflected in Rio Tinto’s 2012 year-end accounts. Rio Tinto...
Alcoa Corporation reports Third Quarter 2017 results
Alcoa Corporation, a global leader in bauxite, alumina and aluminum products, today reported a sequential increase in third quarter 2017 revenue and earnings, driven primarily by improved pricing in the aluminum business segment and higher shipments of aluminum and bauxite. In addition, the...
Alba production volume up by 3% YoY in Q3 2017
Aluminium Bahrain B.S.C. (Alba) managed to remain on course in the third quarter of 2017 with its sales and production volumes topping 247,540 tonnes and 253,475 tonnes respectively, up by 0.5% Year-on-Year (YoY) and 3% YoY as compared to the third quarter of 2016. For the nine months of 2017, the...
TRIMET Aluminium SE confirms sale of €1.24 billion in 2016-17 financial year
TRIMET Aluminium SE announced results for the 2016/2017 financial year (June 30). The company’s sales stood at approximately €1.24 billion. TRIMET Aluminium SE produced around 625,000 tonnes of primary and recycled aluminium in the 2016/2017 financial year. The company produced about 390,000 tonnes...
Hind Aluminium’s standalone net profit falls 26.10% for quarter June 2017
Hind Aluminium Industries, manufacturer of aluminium alloy and electrical grade wire rods, reported 26.10 per cent decline in its standalone net profit to INR 2.52 crore for the first quarter ended on 30th June, 2017 as compared to INR 3.41 crore during the previous quarter ended June 2016. The...
New aluminium business boosts Gravita India’s Q1FY18 net profit
Gravita India, one of the largest non-ferrous metal producers in India, announced increased net profit and revenue for the Q1FY18. The improved revenue was due to the addition of new aluminium business and other added capacity. The company’s Q1FY18 consolidated net profit increased 47.3 percent to...
