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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ABx announces Annual Report 2016: Sales of non-metallurgical grade bauxite rises
<p>Australian Bauxite Ltd announced today publication of its Annual Report for the year ended 31 December, 2016. During 2016, ABx sold 45,590 tonnes of bauxite comprising 42,000 tonnes of cement-grade bauxite and over 3,590 tonnes of fertiliser grade bauxite. The company has over 122,500 tonnes of...
Alro posts net profit of RON 67 mln in 2016 after four consecutive years of losses
<p>Alro, the largest aluminium producer in Continental Europe (excluding Russia and Scandinavia), has posted a net profit of RON 67 million in 2016 vs a net loss of RON 24 million in 2015. The adjusted net profit stands at RON 101 million in 2016 vs RON 45 million in 2015.</p> <p><img...
Chalco’s 2016 net profit more than doubles; more investments in pipeline
<p>Aluminum Corporation of China Limited (Chalco), a state-controlled leading producer of alumina and primary aluminium in China, reported its full-year result for the financial year ended 31 December, 2016. The aluminium giant's net profit more than doubled for the year under review. This marks...
Shandong Qixing Group to suspend alumina & aluminium operations on huge debt
<p>Shandong Qixing Group Co., Ltd, an aluminium producer in China has suspended operations of its 130,000tpy aluminium smelter and is planning to halt operations at its 500,000 tpy alumina refinery due to heavy debt burden, as reported by Aladdiny, a Chinese information provider.</p> <p><img...
Norsk Hydro’s 2016 annual report shows operational excellence despite drop in underlying EBIT
<p>Norsk Hydro has published its annual report for 2016 with detailed information about Hydro's businesses, operational performance, financial performance, viability performance, corporate governance and financial statements.</p> <p><img style="vertical-align: middle; display: block; margin-left:...
Chinese MSMEs in aluminium semis manufacturing make headlines
<p>The <strong>government of Jiangle</strong> in China and <strong>Shanghai Hengming Mold</strong> joined hands to build one aluminium alloy die-casting and mould production line in the region this week, reported a source aware of the development.</p> <p>Shanghai Hengming Mold with advanced cast...
Constellium reports higher EBITDA for Q4 and 2016; cuts down net loss
<p>Constellium, a leading manufacturer of high-quality aluminium products and solutions in the world has reported results for Q4 and full year 2016 today, March 9. Overall, the company reported an adjusted EBITDA of €81 million in Q4, up 8% YOY. For the full year 2016, the company reported...
Aleris reports loss and lower EBITDA for 2016; Q4 EBITDA improves on stronger demand
<p>Aleris Corporation today reported results for the Fourth Quarter and the full year ended December 31, 2016.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/aleris.jpg" alt="News" width="517"...
Week in Review: A summary update on global primary aluminium industry
<p>AlCircle presents a weekly recap to get you up-to-date with the global primary aluminium industry’s headlines. We have seen many companies announcing their Q4 and yearly results and sharing their outlook on the coming quarters. Let’s catch up with the following top stories from the...
Midas FY16 profit up 76.3% driven by newly acquired aluminium plates and coil division
<p>Midas Holdings Limited, the leading manufacturer of aluminium alloy extruded products for the passenger rail transportation sector in China has reported a 76.3 per cent YOY rise in profit after tax for 2016 to 100.8 million yuan (US$20.5 million).</p> <p><img style="vertical-align: middle;...
Higher aluminium prices boost Press Metal profits in FY16 beating analysts’ forecast
<p>Press Metal Bhd’s results for FY 2016 have beaten analysts’ forecast by reporting a nearly threefold increase of profit before tax (PBT) from RM232 million to RM689.4 million. Analysts are positive on the group’s prospects for first quarter of 2017 (1Q17).</p> <p><img...
EGA’S net profit increases by 10 percent in 2016
<p>Emirates Global Aluminium (EGA), one of the largest aluminium producers in the world, announced on Tuesday 28 February, its 2016 net profit reports indicating a hike of 10 per cent with 2.1 billion dirhams ($572 million) profit despite of low in the revenue.</p> <p><img style="vertical-align:...
Vedanta wins Platinum and Gold at LACP Vision Awards
<p>The Annual Reports of Vedanta Limited and Vedanta Resources Plc won Platinum and Gold, in the Materials and Energy - Equipment & Services category respectively, at the LACP Vision Awards 2016. The awards recognize best practice in international financial reporting.</p> <p><img...
Rising aluminium prices drive Hulamin’s record sales volume and profit in 2016
<p>Hulamin, a leading aluminium product and beverage can maker released full year 2016 results on Monday and reported record sales volumes and double profit after tax. </p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
Century optimistic about recovery despite continuous loss in Q4 and full year 2016
<p>Century Aluminum Company reported a net loss of $168.5 million for Q4 2016 in comparison to the net loss of $43.1 million in Q4 2015. Results were negatively impacted by a $152.2 million impairment charge related to the Helguvik project in Iceland and $6.9 million charge related to...
Kaiser Aluminium reports higher net income and EBITDA margin for full year 2016
<p>California’s semi-fabricated aluminium maker Kaiser Aluminium has announced its fourth quarter and full year 2016 result posting better numbers for both the periods. The 2016 report states net sales of $332 million in 4<sup>th</sup> quarter, slightly up quarter-on-quarter from last...
Slovenian aluminium producer achieves double profits in spite of low revenue
<p>Talum, a Slovenian company in Kidricevo specialised in alumina and aluminium products, has earned EUR 300m in sales revenue in 2016. Even though the company has generated 5 per cent less vs 2015 despite low aluminium price, the unaudited data shows the company doubles profits to a million...
Alumina Limited reports net loss for 2016 full year, partly offset by improved bauxite sales
<p>Alcoa's Australian partner Alumina Limited has reported full year result for 2016 and registered a loss of $US30.2 million ($A39.3 million) down from a $US88.3 million ($A114.8 million) profit in 2015. The loss is attributed to restructuring-related write-offs and lower prices and volumes.</p>...
