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Russian aluminium giant Rusal swings to first-half loss

Rusal has today reported a first-half net loss, as rising costs, higher interest expenses and foreign exchange fluctuations weighed on the Russian aluminium producer's earnings.

Business • 15 Aug

Bauxite rock imported from Guinea at a Rusal aluminium factory

Rusal's Guinea bauxite exports grind to a halt amid war

Ore shipments from Russian aluminium giant Rusal's bauxite mines in Guinea have ground to a halt as the war in Ukraine disrupts the company's global operations, shipping data showed today.

Business • 30 Mar 22

Australia has imposed an immediate ban on exports of alumina and aluminium ores, including bauxite, to Russia

Aluminium jumps on Russian supply worries, nickel down

Aluminium prices jumped more than 5% today after Australia banned the export of materials used to make the metal to Russia as part of its sanctions against Moscow for its invasion of Ukraine.

Business • 21 Mar 22

Oleg Deripaska is a shareholder in the company that owns the Aughinish Alumina aluminium plant in Co Limerick

Sanctions on Aughinish Alumina shareholder Deripaska

The Department of Enterprise, Trade and Employment has said there are currently no indications of any impact on jobs in the Limerick-based Aughinish Alumina plant as a result of sanctions being imposed on Russian billionaire Oleg Derispaska.

Business • 10 Mar 22

Wheat futures are up nearly 40% in the past month and have climbed to 14-year highs of $11.34 a bushel

Wheat and oil hit multi-year highs on supply woes

Commodity markets extended their strong runs today, with aluminium, coal and palm oil all hitting new records while crude oil and wheat scaled multi-year highs as Russia's invasion of Ukraine disrupted global raw material flows.

Business • 03 Mar 22

Aluminium prices have hit levels last seen in 2008

Aluminium price spikes to 2008 peak

Aluminium surged today to a 14-year peak on stretched supplies after China placed the city of Baise - a key producer of the base metal - in Covid lockdown.

Business • 08 Feb 22

Alcoa has reaped mixed benefits from President Donald Trump's decision to impose tariffs on aluminium and steel imports into the US.

Alcoa beats its quarterly profit estimates

Top US aluminium producer Alcoa has beaten Wall Street estimates for quarterly profit, buoyed by strength in its alumina segment.

Business • 17 Jan 19

The two leaders discussed scrapping the tariffs while in Paris for WW1 commemorations

Trudeau sees steel, aluminium deal with US this month

Canadian Prime Minister Justin Trudeau has said he hopes to reach a deal with the US to scrap customs duties for steel and aluminium products later this month.

World • 12 Nov 18

Alcoa's CEO said that imposing tariffs will not solve the challenges facing the aluminium industry

Alcoa cuts adjusted earnings forecast due to tariffs

Aluminium producer Alcoa has lowered its forecast for adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for 2018, citing US tariffs on imported aluminium and rising energy costs.

Business • 19 Jul 18

Donald Trump last week set import tariffs of 25% on steel and 10% on aluminium

Germany, China warn tariff moves threaten global trade

Germany has denounced moves by President Donald Trump to impose tariffs on US metal imports and said that Europe needed a united response to the threat.

Business • 12 Mar 18

A WTO spokesman has said he cannot comment on the tariff announcement

EU expects to be excluded from Trump's trade tariffs

The European Union expects to be excluded from US steel and aluminium tariffs but will go to the World Trade Organisation to impose its own measures if Washington presses ahead, the EU's trade chief has said.

World • 09 Mar 18

Aloca's shares have risen 42% since Donald Trump's victory in the November US presidential election

Alcoa beats revenue estimates, sees higher demand

Alcoa reported higher-than-expected revenue in its first quarterly results after the metals company split into two in November, helped partly by a rise in alumina prices.

Business • 25 Jan 17

Alcoa continues to struggle with the global industrial slump and overcapacity in the aluminium industry

Cost-cutting boosts Alcoa's quarterly profits

On the brink of its split into two separate companies, aluminium giant Alcoa yesterday posted a drop in third-quarter revenues on lower commodity prices and sluggish business activity.

Business • 12 Oct 16

Alcoa is due to split in two in the second half of the year

Lower prices hurt Alcoa's second-quarter profit

Alcoa last night reported a lower quarterly net profit, with falling aluminium and alumna prices pressuring revenue.

Business • 12 Jul 16

Alcoa's results were hit by a 40% drop in alumna prices and a 26% decline in aluminium prices

Alcoa cuts jobs as earnings fall

US aluminium giant Alcoa reported a steep drop in first-quarter earnings on tumbling aluminium prices last night as it announced it was cutting as many as 2,000 jobs.

Business • 12 Apr 16

Alcoa announces $1.5 billion long-term deal with General Electric to supply components used in aircraft engines

Alcoa posts Q4 loss on reduced capacity charges

Metals company Alcoa last night reported a quarterly net loss after charges related to closing parts of its traditional smelting business.

Business • 12 Jan 16

Alcoa's third-quarter revenue slid to $5.6 billion, down 21%

Alcoa profit misses as aluminium prices slide

Alcoa has reported a smaller than expected quarterly profit, hurt by slumping prices for aluminium and other commodities and unfavourable foreign exchange rates.

Business • 09 Oct 15

Falling aluminium prices have led to Alcoa missing second-quarter earnings estimates

Alcoa to split into two companies next year

US metals firm Alcoa said today it would split into two publicly-traded entities.

Business • 28 Sep 15

Aloca's quarterly revenues up by 6.7% to $5.82 billion

Alcoa earnings rise despite restructuring costs

Alcoa last night reported stronger first-quarter earnings on growing demand from its aerospace and automotive operations.

Business • 09 Apr 15

Aloca's earnings for the quarter to the end of December came in at $159m

Alcoa profits rise as it projects higher demand

Aluminium and metal producer Alcoa last night reported a jump in fourth-quarter earnings on the back of higher commodity prices.

Business • 13 Jan 15

Alcoa's revenues for the three month period jumped 8.2% to $6.23 billion

Alcoa earnings jump on higher aluminium prices

Aluminium producer Alcoa last night reported a big increase in third-quarter earnings on higher aluminium prices as it cited stronger demand in some industrial segments.

Business • 09 Oct 14

BHP Billiton set to demerge its aluminium, manganese and nickel assets?

BHP Billiton set to spin off unwanted assets

Diversified mining company BHP Billiton today declared its preference for a demerger of its aluminium, manganese and nickel assets.

Business • 15 Aug 14

Alcoa is the first major US company to report second-quarter earnings

Alcoa's quarterly earnings jump on lower costs

Aluminium producer Alcoa has reported a jump in earnings on strong metals pricing and lower costs as it confirmed its outlook for 7% aluminium demand growth in 2014.

Business • 09 Jul 14

Alcoa said it lost $178m for the first quarter ending March 31

Alcoa kicks off US reporting season with a loss

Aluminium giant Alcoa last night reported a quarterly loss due to heavy restructuring expenses.

Business • 09 Apr 14

Alcoa's fourth quarter revenues below expectations

Alcoa reports $2.3 billion loss on write-down

Aluminium giant Alcoa posted a $2.3 billion loss in the fourth quarter mainly due to a $1.7 billion write-down tied to smelting acquisitions.

Business • 10 Jan 14