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Orbite Announces Annual 2013 Results
18 MAR 20142MINS

Orbite Announces Annual 2013 Results

Orbite Aluminae Inc. announced today the filing of its Consolidated Financial Statements for the year ended December 31, 2013. The Corporation reported a net loss of $15.0 million ($0.08 per share) compared to $16.9 million ($0.09 per share) for 2012, representing a decrease of $1.9 million, or...

Norsk Hydro publishes its annual report for 2013
17 MAR 20142MINS

Norsk Hydro publishes its annual report for 2013

"Despite challenging market conditions since the financial crisis of 2008/09, aluminium demand has continued to grow and by 2013 had risen above pre-crisis levels. The future is energy-efficient and will need more aluminium. But, aluminium markets are still characterized by historical...

Orbite Aluminae to host fourth quarter 2013 conference call on March 17th, 2014
15 MAR 20141MINS

Orbite Aluminae to host fourth quarter 2013 conference call on March 17th, 2014

Orbite Aluminae Inc. today announced that it will hold a conference call to discuss its fiscal 2013 fourth quarter results and provide an update on its HPA plant construction activities, on Monday March 17, 2014 at 10:30 a.m. (EDT). The call will be hosted by Glenn Kelly, President & CEO, and...

Bauxite Resources publishes Interim Financial Report for the half-year ended 31 December 2013
12 MAR 20142MINS

Bauxite Resources publishes Interim Financial Report for the half-year ended 31 December 2013

During the half year ending 31 December 2013 Bauxite Resources continued to focus primarily on the exploration and evaluation of bauxite prospectivity in the Company's extensive tenement holding in WA's Darling Range, the largest bauxite and alumina producing region in the world. At the reporting...

Constellium to Report Fourth Quarter and Full Year 2013 Results March 20, 2014
11 MAR 20141MINS

Constellium to Report Fourth Quarter and Full Year 2013 Results March 20, 2014

Constellium N.V. will announce its fourth quarter and full year financial results for the period ended December 31, 2013 on Thursday March 20, 2014. A conference call and webcast to present the results will take place at 11:00 a.m. (Eastern Standard Time) on the same day. The conference call will...

Noranda Aluminum Holding Corp. upgraded to Hold rating by Reuters
05 MAR 20142MINS

Noranda Aluminum Holding Corp. upgraded to Hold rating by Reuters

Analysts at Thomson Reuters upgraded Noranda Aluminum Holding Corp. from a “sell” to a “hold” rating in their research report that they have issued for the investors and clients, reported Stock Ratings Network.com. Separately, Noranda Aluminum Holding Corp shares were downgraded by analysts at...

A Midas-Touch from Midas Holdings In 2013
04 MAR 20144MINS

A Midas-Touch from Midas Holdings In 2013

Midas Holdings Limited announced its financial results for the financial year ended December 31, 2013 (FY2013) last Friday evening. The company was founded in 2000 and has a good history of supplying to China’s rail transportation sector as well as exporting its products to other parts of Asia and...

Aluminum Corp of China turns back into the black with high profit margins
03 MAR 20141MINS

Aluminum Corp of China turns back into the black with high profit margins

The Aluminum Corp of China goes back into the black, with its earnings report of 2013 that showed the company made a total profit of 173 billion yuan ($28 billion) in 2013, up 16% year-on-year. The company suffered a loss of 8.2 billion yuan in the year 2012 and from there went into making a profit...

Austria's AMAG says Q4 core profit rose 2 percent
02 MAR 20141MINS

Austria's AMAG says Q4 core profit rose 2 percent

AMAG Austria Metall said on Friday fourth-quarter core profit rose 2 percent, helped by cheaper raw materials, higher premiums and price hedges. Earnings before interest, tax, depreciation and amortisation (EBITDA) were 24 million euros ($32.8 million), beating the average estimate of 22 million...

Noranda Aluminum Holding Corp. Receives Average Rating of “Hold” from Analysts
28 FEB 20142MINS

Noranda Aluminum Holding Corp. Receives Average Rating of “Hold” from Analysts

Noranda Aluminum Holding Corp. has earned a consensus recommendation of “Hold” from the nine analysts that are presently covering the stock, American Banking & Market News reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and...

First Bauxite Corporation announces filing of first quarter financial statements
27 FEB 20141MINS

First Bauxite Corporation announces filing of first quarter financial statements

FIRST BAUXITE CORPORATION is pleased to announce that it has filed its first quarter financial statements and management's discussion and analysis for the period ended December 31, 2013. The company also announces that it has granted incentive stock options for the purchase of up to an aggregate of...

Century hopes to reopen its Ravenswood smelter despite loses
23 FEB 20142MINS

Century hopes to reopen its Ravenswood smelter despite loses

Despite a loss of $40.3 million the previous year, Century Aluminum still has hopes of reopening its Ravenswood smelter, said the company in a financial statement. Century Aluminum lost a sum of $9.7 million in the last 3 months of 2013, according to the financial statement released. The statement...

Century Reports 2013 Financial Results
20 FEB 20144MINS

Century Reports 2013 Financial Results

Century Aluminum Company reported a net loss of $9.7 million ($0.11 per basic and diluted common share) for the fourth quarter of 2013. Cost of sales for the quarter included a benefit of $16.6 million related to deferred power contract liability amortization and a $9.0 million benefit related to...

Alumina Ltd swings back to profit
20 FEB 20142MINS

Alumina Ltd swings back to profit

Alumina Ltd has swung back to profits but warned that the market conditions for aluminium will remain challenging throughout this year. Last year, Alumina made a net profit of $US500, 000, a much better turnaround compared to its $US55.6 million loss in 2012. At the same time the joint venture of...

Kaiser Aluminum fourth quarter profit triples
19 FEB 20143MINS

Kaiser Aluminum fourth quarter profit triples

Kaiser Aluminum Corporation (KALU), a producer of semi-fabricated specialty aluminum products, reported on Monday a sharp rise of 3 times in earnings for the fourth quarter of fiscal year 2013, helped by strong margin expansion. The company earned $27.3 million or $1.44 a share in the fourth...

Romanian aluminum producer Alro ends 2013 on a loss
19 FEB 20143MINS

Romanian aluminum producer Alro ends 2013 on a loss

Romania’s aluminum producer Alro Slatina reported for 2013 a preliminary adjusted net loss on RON 78 million (some EUR 17.6 million), compared to an adjusted net profit of RON 123 million (EUR 27.6 million) in 2012. It also reported sales of RON 2.02 billion (EUR 458 million) in 2013. The company...

Kaiser Aluminum Corporation reports fourth quarter and full year 2013 financial results
17 FEB 20141MINS

Kaiser Aluminum Corporation reports fourth quarter and full year 2013 financial results

Kaiser Aluminum Corporation today reported net income of $105 million, or $5.44 earnings per diluted share, for the year ended December 31, 2013 compared to $86 million, or $4.45 earnings per diluted share, for the prior year ended December 31, 2012. Excluding the impact of non-run-rate items,...

Hindalco Q3 net down 23% to INR 334 crore
14 FEB 20142MINS

Hindalco Q3 net down 23% to INR 334 crore

Hindalco Industries' net profit for the third quarter ended December was INR 334 crore, down 23% compared with INR 434 crore a year ago, hurt by weak demand for aluminium and higher taxes. Analysts were expecting a standalone net profit of INR 364 crore, according to a poll conducted by Bloomberg....