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Alcoa’s good results likely to boost Alumina's performance
14 JAN 20152MINS

Alcoa’s good results likely to boost Alumina's performance

With US aluminium production giant returning to profit with the Q4 results, the price of aluminium has seen a boost which has benefitted the Australian based company named Alumina. Alumina is in fact directly affected by Alcoa’s results as the two of them jointly own Alcoa World Alumina and...

Alcoa reports strong fourth quarter 2014 and full-year results as transformation strengthens profitability
13 JAN 20154MINS

Alcoa reports strong fourth quarter 2014 and full-year results as transformation strengthens profitability

Lightweight metals leader Alcoa today reported a jump in fourth quarter and full-year 2014 profits, culminating a year of significant transformation for the Company. Alcoa is reshaping its portfolio for profitable growth by building its innovative, multi-material value-add businesses and by...

Alcoa Q4 2014 results anticipated to be positive
12 JAN 20151MINS

Alcoa Q4 2014 results anticipated to be positive

Alcoa, one of the largest aluminium producers, is due to announce its Q4 2014 results on Monday evening and the investors are expecting a positive result. Considering the rising demand of the light metal in automobiles, trains, planes, housing and military gear construction the past quarter and the...

Alba sets all time record on Sales & Production
12 JAN 20152MINS

Alba sets all time record on Sales & Production

Aluminium Bahrain B.S.C (Alba) sales figures for the year rose by 1.3% year-on-year (YoY) to reach 931,526 metric tonnes (mt) versus 919,722 mt in 2013 ahead of the company’s own forecast for the year while production figures were up by 2.1% YoY to reach 931,427 mt versus 912,700 mt in 2013. For...

Kaiser Aluminum Corp. rating increased to neutral at Zacks
01 JAN 20152MINS

Kaiser Aluminum Corp. rating increased to neutral at Zacks

Kaiser Aluminum Corp. was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued on Friday. The firm currently has a $72.20 price target on the stock. Zacks‘s target price would suggest a potential upside of 0.52% from the company’s current price. Shares of...

First Bauxite makes important company announcements
01 JAN 20151MINS

First Bauxite makes important company announcements

First Bauxite has announced that it has filed important company information which includes its audited year-end financial statements, management’s discussions and analysis for the year ending on September 30, 2014, and will be available on the company’s website. Another announcement was made which...

Inalum profits more than triple after govt’s takeover
29 DEC 20143MINS

Inalum profits more than triple after govt’s takeover

North Sumatra-based aluminum producer Indonesia Asahan Aluminium (Inalum) reported that it had more than tripled profits since the government took over the company from Japanese companies in April 2014. President director Winardi Sunoto said the company’s net profits nearly tripled to US$117...

First Aluminium grows amid environmental challenges
22 DEC 20142MINS

First Aluminium grows amid environmental challenges

First Aluminium Nigeria plc continues to grow amid environmental challenges buffeting the performance of firms operating in the sector, analysis of the third quarter (Q3) financial statement shows. For the first nine months through September 2014, the company’s revenue increased by 5 percent to...

Napco posts net profits of $1.2m
19 DEC 20142MINS

Napco posts net profits of $1.2m

National Aluminium Products Company (Napco), a leading extruders of aluminum profiles in the GCC, has posted strong performance for the first three quarters of the year, with net profits worth more than RO486,000 ($1.2 million). Its revenues totalled to RO13.5 million, reflecting a continuing...

Hulamin expects ‘significantly higher’ earnings
10 DEC 20142MINS

Hulamin expects ‘significantly higher’ earnings

HULAMIN said in a revised trading statement that it will see significantly higher earnings per share (EPS) and headline earnings per share (HEPS) for the year to end-December. The aluminium manufacturer said on Tuesday it had earlier expected a more than 20% improvement from the year-earlier...

Rio Tinto committed to materially increase cash returns to shareholders in a sustainable way
08 DEC 20145MINS

Rio Tinto committed to materially increase cash returns to shareholders in a sustainable way

Rio Tinto today demonstrated how its superior portfolio of world-class operations, with industry-leading EBITDA margins and significant growth potential, are positioned to generate healthy free cash flow and shareholder returns. Citing sector-leading tier one assets, a relentless focus on financial...

Kaiser Aluminum Corp. CEO sells 5,000 shares of stock
03 DEC 20142MINS

Kaiser Aluminum Corp. CEO sells 5,000 shares of stock

Kaiser Aluminum Corp. CEO Jack A. Hockema unloaded 5,000 shares of the stock on the open market in a transaction dated Monday, December 1st. The stock was sold at an average price of $73.13, for a total value of $365,650.00. Following the transaction, the chief executive officer now directly owns...

Hindalco waits for the government to reallocate mines
25 NOV 20141MINS

Hindalco waits for the government to reallocate mines

Hindalco Industries has shown promise in the second quarter of this financial year with a hike in the revenues by 36% when compared to last year and 7% when compared to the last quarter. The overall report seemed fine with 66% growth YOY and 20% up from the previous quarter however the net profit...

Nalco standalone quarterly earnings jump 90.57%
21 NOV 20141MINS

Nalco standalone quarterly earnings jump 90.57%

National Aluminium Company (Nalco) announced a sharp rise in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 90.57% to INR 3,415.00 million from INR1,792.00 million in the same quarter last year. Net sales for the quarter rose 14.80% to...

Constellium reports third quarter 2014 financial results
20 NOV 20143MINS

Constellium reports third quarter 2014 financial results

Constellium N.V. today reported results for the third quarter ended September 30, 2014. • Shipments up 4% versus prior year • Revenues up 8% to €927 million and Adjusted EBITDA up 13% to €72 million • Strong performance in P&ARP driven by 82% growth in Body-in-White shipments and in AS&I led by 23%...

Superior Industries face losses due to shutdown of Rogers factory
19 NOV 20142MINS

Superior Industries face losses due to shutdown of Rogers factory

Superior Industries International, the largest manufacturer of aluminium car and truck rims, has slipped into the red zone according to the Q3 results of 2014. The company reported a net loss of US$ 2.4 million due to expenses worth US$ 6.9 million dollars in the quarter caused largely by the shut...

Alcoa Inc gets more profit rate than estimated by analysts
18 NOV 20143MINS

Alcoa Inc gets more profit rate than estimated by analysts

The biggest producer of aluminum in US, Alcoa Inc. is reported to have earned an amount which has crossed the estimations and speculations of analysts by leaps. With a better performance than the expected for its aerospace and power units, the company has been able to make a good deal with supplies...

Alro SA announces its financial results
18 NOV 20143MINS

Alro SA announces its financial results

Alro SA,one of the largest aluminium producers in Central and Eastern Europe, announces today its financial results, in accordance with the International Financial Reporting Standards (IFRS), for the nine–month period ended 30 September 2014.The Company reports a negative adjusted net result* of...