h1 2016

Chalco’s First-Half Results Up Thanks to Bump in Global Aluminium Prices

Chalco’s First-Half Results Up Thanks to Bump in Global Aluminium Prices

State-backed Aluminum Corporation of China Ltd (Chalco) published results for the first half of 2016 on Thursday. The firm posted an increase in profits thanks to a modest recovery in the global aluminium market. The firm posted a net profit of US$8.62...

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Events

Century Aluminum Reports Lower Numbers, Largely Due to Curtailments in Production

Century Aluminum Reports Lower Numbers, Largely Due to Curtailments in Production

Chicago’s Century Aluminum reported second quarter numbers on Thursday. The firm’s just-ended quarter was a challenging one, as they turned in a net loss of US$9.5 million for that time period. However, Century’s numbers year-on-year are an improvement, as it reported a loss of US$33.9 million in Q2 2015. According to Century, a US$4.9 million […]

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Rusal’s Aluminium Sales Volume Jumps 5% in First Half of 2016

Rusal’s Aluminium Sales Volume Jumps 5% in First Half of 2016

Russian Federation aluminium major UC Rusal announced second quarter 2016 results yesterday, showing a five percent bump in aluminium sales in the first half of the year, thanks largely due to the firm’s opening of its Boguchansky smelter (currently operating in test mode) Rusal’s first-half aluminium sales increased to 1.915 million metric tons, an increase […]

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South African Firm Hulamin Reports Strong Performance for First Half of 2016

South African Firm Hulamin Reports Strong Performance for First Half of 2016

South African rolled and extruded aluminium producer Hulamin released unaudited half-year results for 2016 on Monday, turning in strong numbers for the period. Although the company described market conditions as soft, Hulamin fell just short of doubling the previous year’s entire profits, posting a US$10.57 million result for the first half of this year compared […]

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Kaiser Aluminum Posts Better Numbers for Second Quarter and First Half of 2016

Kaiser Aluminum Posts Better Numbers for Second Quarter and First Half of 2016

American semi-fabricated aluminium firm Kaiser Aluminum announced second quarter and first half 2016 results late Wednesday. The firm’s net income for the just-ended quarter was US$26 million, up US$6 million year-on-year. Adjusted net income (excluding non-run-rate items) was US$19 million in the quarter, down from US$23.1 million in Q2 2015. Both results include roughly US$11 […]

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