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UC RUSAL announces results for the three months ended 31 march 2014
13 MAY 20144MINS

UC RUSAL announces results for the three months ended 31 march 2014

UC Rusal, a leading, global aluminium producer, announces its results for the three months ended 31 March 2014. Key highlights • In the first quarter of 2014 LME aluminium price continued its fall and reached the lowest record since the second quarter of 2009 of USD1,708 per tonne demonstrating a...

Namsun aluminum rises on Q1 turnaround
12 MAY 20141MINS

Namsun aluminum rises on Q1 turnaround

Namsun Aluminum shares gained nearly 4 percent Friday after news the company turned around with positive results in the first quarter. The share price closed up 3.92 percent to 848 won. The company announced its first-quarter operating profit reached 4.41 billion won against an operating loss of...

Alumina Limited second strike unlikely
09 MAY 20142MINS

Alumina Limited second strike unlikely

ALUMINA is expected to avoid becoming the first of the big-name resources companies to suffer a second strike from shareholders on its remuneration report at today’s annual meeting in Melbourne. Last year, Alumina suffered a no vote of slightly more than 50 per cent, prompting an overhaul of its...

Century Aluminum Coverage Initiated by Analysts at CRT Capital (CENX)
09 MAY 20142MINS

Century Aluminum Coverage Initiated by Analysts at CRT Capital (CENX)

Analysts at CRT Capital initiated coverage on shares of Century Aluminum in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock. Shares of Century Aluminum opened at 13.82 on Wednesday. Century Aluminum has a 52-week...

Corrigendum: Alba Reports Q1 2014 Results: Strong operational performance despite low LME price
09 MAY 20141MINS

Corrigendum: Alba Reports Q1 2014 Results: Strong operational performance despite low LME price

Find below the corrigendum that further explains the total sales revenue for the quarter in the financial highlights section: Alba’s metal sales for the first quarter of 2014 reached US$ 459 million (BD 172.6 million) compared to US$ 498 million (BD 187.2 million) in Q1 2013 due to lower LME prices...

Constellium to report first quarter results May 16, 2014
08 MAY 20141MINS

Constellium to report first quarter results May 16, 2014

Constellium N.V. will announce its first quarter financial results on Friday, May 16, 2014. A conference call and webcast to present the results will take place at 11:00 a.m. (Eastern Daylight Time) on the same day. The conference call will be hosted by Pierre Vareille, Chief Executive Officer and...

Norsk Hydro: Annual General Meeting approves dividend of NOK 0.75 per share
08 MAY 20141MINS

Norsk Hydro: Annual General Meeting approves dividend of NOK 0.75 per share

The Annual General Meeting of Norsk Hydro ASA today adopted all the items as proposed on the agenda, including the proposal to distribute a dividend of NOK 0.75 per share. The dividend will be paid on May 19, 2014 to ordinary shareholders listed in the Norwegian Central Securities Depository as of...

Alba Reports Q1 2014 Results: Strong operational performance despite low LME price
08 MAY 20143MINS

Alba Reports Q1 2014 Results: Strong operational performance despite low LME price

Aluminium Bahrain B.S.C (Alba) presents its financial results as per the International Financial Reporting Standards (IFRS) accounting rules. All investors and reporters are asked to read Alba’s Q1 2014 Unaudited Financial Statements posted at Alba website. Alba’s results for Q1 2014 are summarised...

Aluminum oversupply to make 2014 tough year - Chinalco
08 MAY 20141MINS

Aluminum oversupply to make 2014 tough year - Chinalco

Aluminum Corp of China Ltd (Chalco) on Tuesday booked a net loss for the first quarter that was twice as wide as the same period a year earlier, as severe oversupply of the metal pushed down prices. China's largest producer of aluminium, in a filing to the Hong Kong stock exchange, reported a net...

AMAG profits fall on lower aluminium price
07 MAY 20141MINS

AMAG profits fall on lower aluminium price

Austrian aluminium supplier AMAG said first-quarter core profit fell 22 percent as the average aluminium price fell 14 percent while the company invested in an expansion programme. Earnings before interest, tax, depreciation and amortisation (EBITDA) were 24 million euros ($33 million), while EBIT...

Novelis to host fourth quarter and fiscal Year 2014 earnings conference call on revised date, Friday, May 16
06 MAY 20141MINS

Novelis to host fourth quarter and fiscal Year 2014 earnings conference call on revised date, Friday, May 16

Novelis Inc. will report its earnings for the fourth quarter and fiscal year 2014 on Friday, May 16, 2014, a revision to the previously announced date. Following the release, President and Chief Executive Officer Philip Martens and Chief Financial Officer Steve Fisher will discuss the results via a...

Can maker Rexam reveals first quarter results in line with expectations
06 MAY 20142MINS

Can maker Rexam reveals first quarter results in line with expectations

Rexam Plc, the world's second largest beverage can maker in terms of revenue, said overall results in the first-quarter were in line with its expectations. The company, which makes aluminium cans for Coca-Cola, Red Bull, Carlsberg beer and Heineken, said it was feeling the effects of a strong...

Kaiser Aluminum Corp. SVP Sells $175,425 in Stock (KALU)
05 MAY 20142MINS

Kaiser Aluminum Corp. SVP Sells $175,425 in Stock (KALU)

Kaiser Aluminum Corp. SVP Pete Bunin sold 2,500 shares of Kaiser Aluminum Corp. stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $70.17, for a total transaction of $175,425.00. Following the completion of the transaction, the senior vice president now...

Alcoa board approves quarterly dividends
02 MAY 20141MINS

Alcoa board approves quarterly dividends

The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable May 27, 2014 to shareholders of record at the close of business on May 12, 2014 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable July...

Chalco downsizes amid low aluminum prices and disappointing 1Q earnings
02 MAY 20142MINS

Chalco downsizes amid low aluminum prices and disappointing 1Q earnings

In the first quarter, Chalco posted a loss of CNY 2.2 billion, or roughly $350 million, even though companywide sales increased 3% relative to the same period last year. Before its earnings update, in light of prevailing low aluminum prices, Chalco announced that it intends to shutter 800 thousand...

Novelis to host fourth quarter and fiscal year 2014 earnings conference call on Thursday, May 8
02 MAY 20141MINS

Novelis to host fourth quarter and fiscal year 2014 earnings conference call on Thursday, May 8

Novelis Inc. will report its earnings for the fourth quarter and fiscal year 2014 on Thursday, May 8, 2014. Following the release, President and Chief Executive Officer Philip Martens and Chief Financial Officer Steve Fisher will discuss the results via a live conference call for investors at 9:30...

Chalco first-quarter loss widens amid lower aluminum prices
30 APR 20142MINS

Chalco first-quarter loss widens amid lower aluminum prices

Aluminum Corp. of China Ltd., the nation’s biggest producer of the lightweight metal, said its first-quarter loss widened as industry overcapacity caused prices to fall. The Beijing-based company posted a loss of 2.2 billion yuan ($352 million), or 0.16 yuan a share, in the three months ended March...

Higher sales volumes and power production lift Hydro’s First quarter 2014 results
30 APR 20144MINS

Higher sales volumes and power production lift Hydro’s First quarter 2014 results

Norsk Hydro ASA's underlying earnings before financial items and tax rose to NOK 772 million in the first quarter 2014 from NOK 471 million in the fourth quarter 2013. The result was lifted by seasonally higher sales volumes and power production. Highlights • Underlying EBIT NOK 772 million •...