q4 2016

Rusal’s Strong Finish Leads to Doubled Profits in 2016

Rusal’s Strong Finish Leads to Doubled Profits in 2016

Russian Federation aluminium giant UC Rusal released financial results for the fourth quarter and full year of 2016 yesterday. Though results for the full year were not as strong as hoped, numbers posted for the final quarter surpassed expectations. Citing a difficult...

Events

Rusal’s Aluminium, Alumina Output Rose in Fourth Quarter 2016

Russian Federation aluminium titan U.C. Rusal reported operational results for the fourth quarter and full year of 2016 yesterday. Though production totals tended to rise in the quarter and over the course of the year for aluminium and alumina, a difficult commodities market hampered profits derived from sales in 2016. The firm’s fourth-quarter aluminium output […]

Norsk Hydro’s Q4 Numbers Up Thanks to Improved Aluminium, Alumina Prices

Norway’s Norsk Hydro ASA released results for the fourth quarter and the full year of 2016 yesterday. The firm credits higher numbers for the quarter to higher prices for aluminium and alumina. Hydro’s revenue for the quarter was NOK21.250 million, up five percent quarter-on-quarter from the third quarter’s total of NOK20.174 million. Earnings before financial […]

ABx Reports Strong Cement and Fertilizer Bauxite Sales in 2016’s Fourth Quarter

Australian Bauxite Limited (ABx) released its quarterly report and activity statement for the fourth quarter of 2016 on Friday. The firm says its fertilizer-grade and cement-grade bauxite sales performed admirably in the quarter, keeping it in good stead as the metallurgical-grade bauxite market remains weak. ABx boasted five sales to two repeat customers to date, […]

Alumina and Rolled Products Buoy Alcoa’s Fourth-Quarter Results

Alcoa Corporation released fourth-quarter results yesterday. Although earnings missed estimates for the quarter, the firm still turned in strong results to end 2016. For the quarter ending December 31, Alcoa reported a net loss of US$125 million. The firm chalks up the loss to measures taken to streamline the portfolio. When special items are taken […]