Financial Reports

South32 aluminium FY2026: Hillside delivers, Brazil recovers, Worsley takes price hit
27 AUG 20267MINS

South32 aluminium FY2026: Hillside delivers, Brazil recovers, Worsley takes price hit

South32 delivered a stronger FY26 financial performance , with underlying revenue rising 7 per cent to USD 8.11 billion, reinforced by higher commodity prices and stronger operating performance. Within its aluminium portfolio, Brazil Aluminium and Hillside Aluminium recorded significant earnings improvements. The year also marked a strategic turning point, with South32 agreeing to sell most of its aluminium value chain assets to Alcoa for up to USD 5.6 billion. CEO Matt Daley stated, “Strong operating performance coupled with commodity price tailwinds underpinned one of the best financial results in our history, with Group Underlying EBITDA increasing by 28 per cent to USD 2.5 billion and Underlying earnings increasing by 55 per cent to USD billion.” Explore- Most comprehensive and...

26 AUG 20263MINS

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 and improved recycling results. As of August 25, Hydro stocks closed at USD 10.08, marking a stark month-on-month (M-o-M) rise by 14.16 per cent over the closing price of USD 8.83 reported on July 27, indicating how investors continue to assess the outlook for aluminium demand and margins. Hydro’s Q2 adjusted EBITDA reached NOK 8.92 billion (USD 927.39 million), rising per cent from NOK 7.79 billion (USD 809.6 million) a year earlier. Adjusted earnings per share (EPS) jumped to NOK 2.2 (USD 0.23)...


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Chuangxin Industries H1’26: Profit jumps 166%, driven by aluminium prices, green power
Primary AL18 AUG 2026

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 producer benefited from higher electrolytic aluminium selling prices, lower production costs supported by a greater share of green electricity, and reduced finance costs, while its aluminium and alumina businesses delivered stronger profitability during the six months ended June 30, 2026. Financial snapshot: H1 2026 vs H1 2025 Comparing the financial metrics recorded in H1 2026 with those in H1 2025, the Y-o-Y improvement chart looks like this: Revenue – RMB 11.53 billion (USD 1.71 billion), up...

Baheti Recycling starts FY27 strong: Revenue jumps 89% on aluminium demand
Recycled AL11 AUG 2026

Baheti Recycling starts FY27 strong: Revenue jumps 89% on aluminium demand

Aluminium recycler and aluminium alloy producer Baheti Recycling Industries Limited (NSE: BAHETI) has begun FY2027 strong, with its revenues for the first quarter of the financial year of 2027 (Q1 FY27) rising 88.9 per cent year-on-year to INR 2.54 billion (USD 26.6 million). The performance was propelled by sustained demand in its core aluminium recycling businesses, improved product mix and consistent execution. Baheti Recycling recorded net total revenue of INR 2.54 billion (USD 26.6 million) in Q1 FY27, compared with INR 1.34 billion (USD 14.09 million) in Q1 FY26, translating into an 88.9 per cent Y-o-Y increase. The sharp jump is a major improvement in the company’s top line at the beginning of the new financial year. To know the aluminium casting demand forecast in the construction...

Century Aluminum record Q2 profit as stronger prices, Mt Holly restart lift H1 earnings
Primary AL07 AUG 2026

Century Aluminum record Q2 profit as stronger prices, Mt Holly restart lift H1 earnings

Century Aluminum has reported record second-quarter (Q2) 2026 financial results, backed by stronger aluminium prices, increased shipments and higher production driven by the completion of the Mt Holly restart and the recovery of operations at its Grundartangi smelter. The robust quarterly performance also lifted the company’s first-half (H1) earnings well above the corresponding period last year, indicating improved market conditions and operational execution. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report Financial performance comparison: H1 2026 vs H1 2025 Combining the first and second quarters, Century Aluminum reported H1 2026 with gains by wide margins in...

CBA posts record Q2’26 earnings as aluminium prices lift EBITDA 273%
Bauxite06 AUG 2026

CBA posts record Q2’26 earnings as aluminium prices lift EBITDA 273%

Brazilian low-carbon aluminium producer Companhia Brasileira de Alumínio (CBA) posted its best-ever quarterly result in the second quarter (Q2) of 2026, driven by record London Metal Exchange (LME) aluminium prices, increased sales volumes, better product mix and continued operational efficiencies. CBA noted that it was back in profit, with revenue and EBITDA both registering huge year-on-year gains, highlighting the company’s recovery propelled by favourable market conditions. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook Financial highlights: Q2 2026 vs Q2 2025 Compared with the Q2 2025, CBA reported significant year-on-year improvements across nearly all key...

ASK Automotive Q1 FY2027 income surges 52.1%, but higher aluminium prices squeeze margins
End User06 AUG 2026

ASK Automotive Q1 FY2027 income surges 52.1%, but higher aluminium prices squeeze margins

India-based auto component manufacturer ASK Automotive Limited's first-quarter FY2027 performance offers a telling example of how elevated aluminium alloy prices can simultaneously inflate revenues and squeeze margins across the automotive component value chain. Despite the commodity-price pressure, the company emerged from the quarter with record revenue, EBITDA and profit after tax (PAT). Major numbers reaffirming the performance include total income of INR 13.61 billion, up 52.1 per cent year-on-year, EBITDA of INR 1.64 billion compared with INR 1.23 billion a year earlier, and PAT of INR 850 million, representing an increase of 28.8 per cent. Earnings per share consequently improved to INR 4.32 from INR 3.35 in Q1 FY2026. Business momentum remained strong even after stripping out the...

Oswego restart, Bay Minette aluminium project fuel Novelis’ 71% Q1 FY27 profit
Downstream05 AUG 2026

Oswego restart, Bay Minette aluminium project fuel Novelis’ 71% Q1 FY27 profit

Hindalco subsidiary Novelis has expanded its aluminium rolling and recycling footprint through the continued commissioning of its Bay Minette greenfield site in Alabama and the restart of its Oswego hot mill in New York . The twin milestones propelled the company’s performance in the first quarter of fiscal year 2027 (Q1 FY2027), backed by higher aluminium prices, operational efficiencies and steady demand for sustainable aluminium solutions. Steve Fisher, President and CEO of Novelis, said, "We are pleased to start the new fiscal year on a positive note, supported by strong execution, favourable market trends and continued demand for sustainable aluminium solutions." Unlock in-depth insights into the extrusion segment of the global aluminium industry with The World of Aluminium...

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