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Industry Center - Aluminum
Industry Center > Aluminum
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Industry Market Summary
Composite Value: 1640.3
Today's Change: +1.63%
S&P 500: +0.33%
chart for
[Aluminum (^YHOh712)]
Aluminum News
Saudi Ma'aden, Alcoa start commercial ops at huge aluminium plant
Mon 4:19 am ET (Reuters)
Saudi Arabian Mining Co (Ma'aden) said on Monday its joint aluminium smelter with U.S.-based Alcoa has started commercial operations. The $10.8 billion aluminium plant at Ras al-Khair, on the Gulf coast of the kingdom, had experienced issues during the initial start-up phase last year when it had to shut one of its two smelting lines in October due to problems encountered during ramp-up. The smelter has a production capacity of 740,000 tonnes a year of aluminium, with commercial operations to begin impacting Ma'aden's financials from the third quarter onwards, it said in a bourse filing. The Saudi project is important to Alcoa, both because of its size and the fact it should be the facility with the lowest production costs in the world - important at a time when the industry pushes to cut expenses.
How Alcoa (AA) Stock Stands Out in a Strong Industry - (
Alcoa (AA) to Close Italy Smelter and Take Charge in Q3 - (
More News on Aluminum: Latest News,
Industry Top Performers
Intraday Price Performance% ChangeMarket Cap
CHALCO [2600.HK] +3.58% $0
ALUMINA FPO [AWC.AX] +3.25% $3.2 B
Aluminum Corporation of China L [ACH] +2.64% $5.7 B
MIDAS HLDGS-S [1021.HK] +0.36% $0
More Top Intraday Price Performers...
Market Capitalization% ChangeMarket Cap
ALCOA [AA.MX] -0.05% $252.8 B
14.5%-NCD-667-2005 [NATIONALU.NS] +1.21% $145.6 B
RUSAL [0486.HK] 0.00% $60.4 B
CHALCO [2600.HK] +3.58% $44.5 B
ALCOA INC. [AA.BA] 0.00% $41.8 B
More Top Companies by Market Cap...
More Top Performers: by Valuation, by Growth, by Financial Strength
Industry Calendar
Upcoming Events
Date Co Event
10/08/14 AA Alcoa Inc. Q3 2014 Earnings Release
10/22/14 NHY.OL Norsk Hydro Q3 2014 Earnings Release
01/12/15 AA Alcoa Inc. Q4 2014 Earnings Release
More Upcoming Events...
Recent Events
Date Co Event
08/11/14 NOR Noranda Aluminum Holding Corpor downside earnings surprise (-25.00%)
07/30/14 CENX Century Aluminum Company upside earnings surprise (+16.67%)
07/23/14 KALU Kaiser Aluminum Corporation upside earnings surprise (+20.69%)
More Recent Events...
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Industry Statistics
Market Capitalization:653B
Price / Earnings:NM
Price / Book:1.5
Net Profit Margin (mrq):-5.0%
Price To Free Cash Flow (mrq):-15.0
Return on Equity:0.0%
Total Debt / Equity:87.2
Dividend Yield:0.5%
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