q3 2019

Weak Aluminium Prices At LME Take Toll On Rusal Bottom Line In Q3

Weak Aluminium Prices At LME Take Toll On Rusal Bottom Line In Q3

Russian Federation aluminium behemoth U.C. Rusal released financial results for the third quarter and opening nine months of 2019 on Friday. Though production was generally level or better compared to prior periods, a decrease in aluminium prices teamed up with a reduction...

Events

Alba Reports 53 Percent Bump In Gross Profit For Q3

Aluminium Bahrain B.S.C. reported financial results for the third quarter and opening three months of 2019 yesterday. A weak global market for aluminium notwithstanding, the firm reported increases in both sales and profit for the just-ended quarter. In the third quarter, Alba generated a Profit and Total Comprehensive Income of BD10.7 million (US$28.5 million), down […]

Alcoa Launches Multi-Year Portfolio Review

Pittsburgh aluminium pioneer Alcoa Corporation released results for the third quarter yesterday as well as announcing a multi-year portfolio review and an update to the firm’s strategic priorities. In the just-ended quarter, Alcoa reported a net loss of US$221 million, up from a net loss of US$402 million in the prior quarter, and an adjusted […]

Alba Sets Records For Production And Sales Volume In Q3

Aluminium Bahrain B.S.C. announced yesterday that it set a record last quarter for both production and sales volume of primary aluminium. In the third quarter Alba smelted a total of 385,396 metric tons of primary aluminium, up by 53 percent on the year from last year’s third-quarter total production of 251,472 metric tons. Meanwhile, the […]