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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Arconic to announce Q4 and full year 2016 financial results on Tuesday, January 31
<p>Arconic Inc. confirms through a press release that the company will announce its fourth quarter 2016 and full year 2016 financial results on Tuesday, January 31, 2017. The presentation materials and press release will be available in the “Investors” section of Arconic’s website...
Vedanta Limited reports 37% YOY growth in aluminium production in Q3 FY2017
<p>Vedanta Limited has published the production Release for the Third Quarter and Nine months ended 31st December 2016.</p> <p>The metal and mining major continued ramp up of Jharsuguda-II and BALCO-II smelters. The company commenced the ramp up of the third line of the 1.25 mtpa Jharsuguda-II...
Arconic announces three-year targets at inaugural Investor Day
<p>Arconic Inc. today announced its levers for value creation and three-year financial targets through 2019 at its inaugural Investor Day event in New York.</p> <p>Arconic is focused on driving shareholder value. The Company has substantially improved its portfolio and margins since 2008, and today...
Russia’s Deripaska files lawsuit against Montenegro over lost aluminium investment
<p>Russian Tycoon Deripaska is looking around for hundreds of millions of euros from the state of Montenegro, as he has been striving for compensation for a lost investment in a failing aluminium plant.<br /><br />Deripaska's Central European Aluminium Company (CEAC) acquired 58.7 % stake in 2005...
Alba expecting a strong finish for 2016
<p>Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, has been performing reasonably well in light of the market conditions, according to a statement issued by the Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa.<br /><br...
Rio Tinto outlines strategy to generate $5 billion of additional free cash flow
<p>Rio Tinto outlines strategy to generate $5 billion of additional free cash flow over the next five years and the company has unveiled a productivity drive to achieve the same.<br /><br />Rio Tinto chief executive J-S Jacques underlined the strategy in a presentation at an investor seminar in...
Century Aluminum announces Rick Dillon’s departure from the post of CFO
<p>According to a Reuter’s report, Century Aluminum Co. CFO Rick Dillon will be leaving the company in order to pursue another professional opportunity. A company report confirms the news and also announces that till the time the Board of Directors selects a replacement for Dillon, CEO...
A bright future ahead for AMAG
<p>AMAG Austria Metall AG, the leading Austrian premium supplier of high-quality aluminium cast and flat rolled products, reported significant year-on-year profit growth in the January to September period, continuing its positive earnings trend in the third quarter of 2016.<br /><br />The...
Unfavorable international aluminium pricing quotas impact on Alro Slatina’s profitability
<p>One of the biggest aluminium companies in Romania and in Europe, Alro Slatina reported financial results for the first nine months of 2016. The company's net profit slid by 35.12 per cent from the same period of previous fiscal to stand at RON 94.25 million. Turnover in the first quarter also...
Aleris reports Q3 2016 results: net loss decreases but earning drops YOY
<p>Aleris Corporation reported results for the Third Quarter and first nine months ended September 30, 2016. Though Aleris is making net loss consecutively, net loss decreased to $22 million in the Q2 2016 from $25 million in Q3 2015. Adjusted EBITDA dropped to $53 million from $68 million in Q3...
Hindalco reports EBITDA of INR 808 crore in aluminium for Q2 FY17- records YOY growth of 192%
<p>Hindalco Industries Limited, an Aditya Birla Group of company announced its unaudited standalone results for the quarter ended September 30, 2016 on November 12. PBDT for this quarter doubled to INR 899 crore compared to INR 447 crore in Q2 FY16.</p> <p>The company registered a Revenues of INR...
Alba net income for Q3 2016 up 65%YoY
<p>Aluminium Bahrain B.S.C (Alba) presents its financial results for Q3 2016 on Sunday November 13, 2016.<br /><br /><strong>Q3 2016 Alba Highlights:</strong><br /><br />• Alba boosted its sales volume by 3.1% YoY and production by 2.4% YoY<br />• Alba value-added sales volume was an...
Vedanta Resources reports highest ever half-yearly aluminium production for H1 FY2017
<p>Vedanta Resources has reported the interim results for the six months ended 30 September 2016.</p> <p>The company reports a revenue of US$4.9 billion and EBITDA of US$1.2 billion for the first half of FY2017 reporting a drop of 15% and 4% respectively compared to the same period of FY2016...
Rusal reports robust earnings growth in Q3 and 9 months ended Sept 30, 2016
<p>Leading global aluminium producer UC Rusal announced today its production and financial results for the three month and nine months ended September 30, 2016. The company posted adjusted net profit and recurring net profit of USD 181 million and USD 327 million, respectively, for the third...
Constellium reports improved shipments and earning in all segments
<p>Constellium, a leading manufacturer of high-quality aluminium products and solutions in the world has reported results for Q3 2016 on Thursday, November 10. Overall, the company reported an adjusted EBITDA of €97 million in Q3, up 23% YOY.<br /><br />The Automotive Structures & Industry...
Constellium reports an adjusted EBITDA of €97 million in Q3, up 23% YOY
<p>Constellium N.V. today reported results for the third quarter ended September 30, 2016. Highlights below are in comparison to the third quarter 2015.</p> <p>• Shipments of 377 thousand metric tons, in line with prior year<br />• Revenue of €1.2 billion, down 5% on a product mix...
Hindalco at 23 months high and gains over 100% in a year after Novelis earning reports
<p>Hindalco Industries shares were up 3% at INR 172 on BSE, trading at its highest level since December 2014(23 months high), after the company’s subsidiary Novelis reported adjusted EBITDA of $270 million in comparison to $182 million in the same period of 2015. Excluding metal price lag in...
Novelis reports 14% YOY growth in EBITDA during Q2 2017 despite net loss
<p>Novelis, the world leader in aluminium rolling and recycling, today reported a net loss of $89 million for the second quarter of fiscal year 2017, compared to a net loss of $13 million in the prior year period. Current quarter results include $112 million loss on extinguishment of debt related...
