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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Aluminium die caster Endurance Technologies raises INR348 cr from anchor investors
<p>Endurance Technologies Ltd, an Aurangabad-based automobile parts maker, on Tuesday said it has raised INR348.5 crore by allocating shares to so-called anchor investors, a day ahead of its initial public offer (IPO).<br /><br />Shares were allocated at INR472, the upper end of the IPO price band...
Altech Chemicals presents Annual Report & Full Year Statutory Accounts for 2015/16
<p>Altech Chemicals Ltd presented their Annual Report & Full Year Statutory Accounts on Tuesday, September 29 for the 2015/16 financial year.<br /> <br />Iggy Tan, Managing Director of the company presented the yearly report and review of operations in front of the company shareholders....
Aluminium recycler Trimet logs 5% growth for the full year ended June 30
<p>Trimet Aluminium, the renowned aluminium recycler and secondary aluminium producer from Essen, Germany announced that its sales of aluminium products has increased significantly in the fiscal year ended June 30, 2016.<br /><br />The company produced approximately 775,000 tons of aluminium and...
Bauxite Resources Limited released its yearly review for 2016
<p>Robert Nash, Chairman of Bauxite Resources Limited presented the YEAR IN REVIEW to the company shareholders. In the report he discussed the substantial changes the company went through the Financial Year ending 30 June 2016.<br /><br />The most significant change the company underwent was the...
Nalco net profit dips 22% in Q1FY17 due to lower market realization
<p>The State-owned aluminium producer National Aluminium Company Limited (Nalco) posted a 22.5 per cent decline in net profit in the first quarter June 30, 2016. Net profit stood at INR135 crore against INR174 crore of the corresponding period previous year. The company's profitability was hit by...
Australian Bauxite provides half-yearly report for the six months ended June 30
<p>Australian Bauxite Ltd recently provided a review opf operations and accounts for the half-year ended 30 June 2016. ABx had suspended production at its Bald Hill bauxite project in northern Tasmania due to an oversupply of the ore from Malaysia into the China market. It had 40,000 tonnes of high...
China Zhongwang's adjusted net profit in H1 2016 rises 0.5% YoY to RMB1.51 bln
<p>The world's leading fabricated aluminium product manufacturer China Zhongwang Holdings Limited announced its unaudited consolidated results for the first half of the current financial year ended 30 June 2016. The Group's external sales volume increased by 6.8 per cent year-on-year to...
Chalco reports net profit of $8.62 million for H1 2016
<p>On Thursday, August 25, Aluminium Corporation of China Ltd (Chalco) reported the results for the first half of 2016. The company posted a sharp rise in net profit mainly because of a general recovery in aluminium prices during the first half of the year.<br /><br />As reported in a filing on the...
UC RUSAL announces results for the 2nd Quarter and 1st Half ended 30 June 2016.
<p>Russian Aluminium major UC RUSAL announces its results for the 2nd Quarter and 1st Half ended 30 June 2016. The aluminium industry remained under strong pressure throughout the 1st half of the year due to the volatility in the commodity market. There was a slight recovery of 3.7% in the LME...
Alumina H1 profit plummets amid tough market conditions
<p>Alumina Ltd. ended the first half of 2016-17 financial year on a glum note. The dual-listed mineral company's H1 net profit went down to $US7.8 million ($A10.2 million) from $US122 million same period previous year, amid high market volatility. <br /><br />The financial result for the period...
RUSAL’s Q2 FY2016-17 core earnings to rise 8% QoQ, say analysts
<p>Russian aluminium behemoth UC Rusal is expected to post a quarter-on-quarter eight per cent surge in core earnings in the second quarter of FY2016-2017, according to a survey conducted among analysts from six global banks. <br /><br />Analysts are of the opinion that Rusal's Q2 FY2016-17...
Metalcorp Group reports a drop in sales revenue in H1 2016 due to low metal prices
<p>Metalcorp Group B.V., one of Europe's leading producers of secondary aluminium or recycled ingots and a leading name for the global physical trade in steel and non-ferrous metals reported the results for H1 2016.<br /><br />The company reported an increase in Earnings Before Interest and Taxes...
Nalco lowers FY17 profit and cash balance projections
<p>India's National Aluminium Co. Ltd (Nalco) delivered an astounding performance with gross turnover amounting to INR7,157 crore and net profit INR731 crore in FY2015-16. The feat is all the more remarkable since it happened during a period when about 70 per cent of the world's aluminium producers...
China Hongqiao Group boosts H1 profit 21% while staying low-cost vis-à-vis global producers
<p>The world’s biggest aluminium maker China Hongqiao Group delivered astounding results in the six months ended June 30. Profit surged 21 per cent driven by output expansion and increasing market share as some of the industry's higher-cost competitors held up production under uncertain...
Hindalco net profit jumps more than four fold in Q1
<p>Indian aluminium producer Hindalco, the Aditya Birla flagship company reported the result of Q1 on August 12 and registered a more than four four-fold jump in standalone net profit to INR 294 crore from INR 61.10 crore in the same period of 2015. It was the company’s better...
Ball Corp. continues positive after Rexam acquisition, stock gains on Q2 Earnings
<p>Ball Corporation stocks were rising 9.39 per cent to $76.68 on Thursday after the company reported mixed 2016 second-quarter results but provided a positive outlook based on its recent acquisition of Rexam.<br /><br />Ball acquired London-based metal beverage can maker Rexam for $6.1 billion in...
Increase in specialty alumina sales boosts TOR Minerals' Q2 income
<p>Nasdaq listed TOR Minerals International, Inc. has reported a year-on-year (YoY) increase in net income to $87 million for the second quarter of fiscal 2016, up from a loss of $107 million the previous year. Increased investments and major capacity expansions in its speciality alumina division...
Novelis posts Q1 profit of $24 mln, overturning year-ago loss
<p>Novelis reported a total income of $24 million in the first quarter of 2016 ending June 30. With the figures, the world leader in aluminium rolling and recycling has overcome a net loss $60 million it posted in the corresponding period previous year. Excluding tax-effected special items, the net...
