Hindalco Industries, India’s biggest aluminum producer, declared a 31 percent dipped in first-quarter profit, beating analysts’ expectations, on lower metal prices. The shares surged. For full story, click here
Hindalco Industries’ India’s leading aluminum producer, declared a 31 percent dip in first-quarter profit, beating analysts’ expectations, on lower metal prices. The shares surged. For full story, click here
Metalico Inc declared gains in sales and net income for the second quarter of 2009 as compared to the first quarter and additional reductions in its debt, resulting in a profit for the period. Mr Carlos Agueero president & CEO of Metalico Inc declared: General business conditions seem to be improving modestly. The flow of [...]
Kaiser Aluminum Corp. declared that first-quarter profit slumped more than 90 percent as the price of aluminum dipped. For full story, click here
Sterlite Industries India Ltd. declared a 55% fall in fourth-quarter net profit as metal prices dip. For full story, click here
OJSC Zaporizhia Aluminum Combine, the country’s only aluminum smelter has seen UAH 356.639 million in net losses in 2008, while in 2007 its net profit was estimated at UAH 75.58 million. For full story, click here
Alcoa Incorporated announced that it has posted a net loss of $480 million for the first quarter of 2009, compared with a profit of $370 million year over year. For full story, click here
Chinalco’s listed subsidiary Chalco, China’s leading aluminum producer, has reported a 99.9-per cent jumped in net profit for 2008 – 10 times more than expected and warned that the first-quarter profit would plummet by almost 100 per cent due to the global economic meltdown. For full story, click here
The world’s third- largest mining company, said full-year profit fell 50 percent after it took a one-time charge for writing down the value of its aluminum assets. For full story, click here
Alumina Ltd partner in the world’s biggest producer of the material used to make aluminum, had an 18 percent decline in second-half profit because of lower prices and higher costs. For full story, click here
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