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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Rio Tinto’s alumina business records a major turnaround performance in H12017
<p>Rio Tinto has announced production and financial results for the first half of 2017 and its alumina operations have recorded significant increase in net earnings as well as revenue.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Rio Tinto’s underlying earnings for H1 2017 more than double on improved prices and performance
<p>Rio Tinto has announced production and financial results for the first half of 2017 and reported cash generation of $6.3 billion and cash returns to shareholders of $3.0 billion.</p> <p>Commenting on the results, Rio Tinto chief executive J-S Jacques said “By driving performance, focusing...
Hulamin delivers improved financial results for the half-year ended 30 June 2017
<p>Aluminium extruded product manufacturer Hulamin reported unaudited interim results for the six months to end June 2017, with headline earnings per share up 17% to 56 cents per share and operating profit up 11% despite stronger local currency.</p> <p>Richard Jacob, Hulamin's Chief Executive...
Aluminium products manufacturer Alcomet reports profit fall in H1 2017
<p>Aluminium products manufacturer Alcomet from Bulgaria announced its consolidated results for the first half of 2017 on Monday July 31.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
Week in Review: top happenings that made news from downstream aluminium sector
<p>The industry has seen introduction of new products, capacity expansion and announcement of quarterly reports by some of the top players in the downstream industry. Let’s explore the top stories covering the downstream products vertical for the week that went by:</p> <p><img...
Constellium reports record adjusted EBITDA during Q2 2017; revenue up 12%
<p>Constellium, a leader in the manufacturing of high-quality aluminium products and solutions, yesterday reported results for second quarter ended June 30, 2017. The company reported <strong>revenue </strong>of €1.4 billion in Q2, up 12% from Q2 2016 due to higher aluminium prices.</p> <p>The...
UC Rusal reports substantial increase in total aluminium and value added sales in Q2 2017
<p>UC RUSAL the leading global aluminium producer, announces operating results for the second quarter 2017. Aluminium production in Q2 2017 increased 1.2% QoQ to stand at 921 thousand tonnes. Notably, 94% of total aluminium output was contributed by Siberian smelters. Smelters utilization...
Aluminium Extrusion Industries Nigeria reports 43% drop in profit
<p>Aluminium Extrusion Industries plc Nigeria has reported results for second quarter 2017. The company’s net profit has declined 43% to NGN34.1 million against NGN60.1 million, reported during the same period of FY2016. Aluminium Extrusion Industries Plc is Nigeria-based company that...
Vedanta’s Q1 FY18 net doubles on strong aluminium production run rate
<p>The diversified natural resources company with aluminium operations in India, Vedanta Limited reported improved bottomline for Q1 FY 2017-18. The company’s Aluminium business registered strong exit production run rate of 1.4 million tonnes per annum from continued ramp-up. The increased...
Alba’s net income in H1 2017 jumps 111% YOY to US$ 115.2 million
<p>Aluminium Bahrain B.S.C (Alba) presents its financial results for Q2 & H1 2017 with substantial increase in net income. Alba’s top-line and bottom-line performances for Q2 and H1 2017 were primarily driven by higher LME aluminium prices and excellent management performance.</p> <p...
Arconic reports improved revenue in Q2 2017 driven by higher volumes
<p>Arconic Inc. yesterday announced results for the second quarter of 2017 and updated its guidance for the year. The company ended the first half of 2017 with significantly less debt, a strong cash position and good liquidity.</p> <p>The company posted <strong>revenue of $3.3 billion</strong>, an...
Oman Cable’s H1 2017 sales up by 1.1% YoY; OAPIL registers volume increase
<p>One of the world’s top 100 wire and cable producers based in the Middle East, Oman Cable Industry recently announced the financial highlights of the six months period ended June 30, 2017. The Group’s net profit declined 39 per cent year-on-year, and so were the results for its...
Chalco reports 53% jump YoY in revenue in H1 2017, the best performance in 9 years
<p>Chinese aluminium giant Chalco reported an increase in revenue and profit in the first half of 2017. The company intends to become the biggest aluminium semis producer worldwide this year, reported by Shanghai Metals Market.</p> <p><img style="vertical-align: middle; display: block; margin-left:...
Kaiser Aluminium’s H1 and Q2 FY2017-18 financials drop but exceed Wall Street forecasts
<p>One of the world’s leading semi-fabricated aluminium producer Kaiser Aluminium Corporation announced yesterday its financial and production results for the first half and the second quarter of 2017 financial year. The numbers though down compared to the previous periods beat Wall...
Alcoa Corporation reports increased sequential revenue for Q2 2017; remains profitable despite low alumina price
<p>Alcoa Corporation reported financial results for Q2 2017 on July 19. The Company increased revenue on higher shipments and grew its cash balance sequentially. Alcoa remains profitable despite lower alumina prices.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Sapa announces results for Q2 2017; the best quarterly performance in company history
<p>Sapa, a joint venture of Norsk Hydro, yesterday announced result for the second quarter of 2017. The company’ EBIT for the second quarter stood at NOK 914 million, a significant improvement over the same period last year. Underlying EBIT for the first half of 2017 also improved compared to...
Alba produces 453,395 tonnes of aluminium in the first half of 2017, down 4.5% YoY
<p>Aluminium Bahrain B.S.C. (Alba) closed the first half of 2017 with a production volume of 453,395, down 4.5% YoY. The drop was mainly driven by the production loss in reduction line 5 due to power outage, the recovery process of which is still underway. The total sales volume stood at 453,089...
LB Aluminium’s net profit drops 76% for 4QFY17, revenue increases 14%
<p>LB Aluminium Bhd, the largest supplier of aluminium extrusion in Malaysia, announced its net profit and revenue for the fourth quarter ended April 30, 2017 (4QFY17). The company also reported net profit and revenue for the full year<strong>.</strong></p> <p><strong><img style="vertical-align:...
