Aluminum

Century Aluminum Company (NASDAQ:CENX) shares are trading higher on Monday after BMO Capital analyst Katja Jancic upgraded the stock from Market Perform to Outperform. Jancic maintains a price target from $22 to $22. The analyst writes that Century's valuation has become attractive following the...

President Donald Trump announced on Sunday that he will impose new 25% tariffs on all steel and aluminum imports, adding to existing duties, in a further escalation of his trade policy. While this could impact domestic steel and aluminum companies, investors can consider the following list of...

President Donald Trump announced plans to impose a 25% tariff on all steel and aluminum imports, reigniting trade tensions reminiscent of his 2018 metal tariffs policy. What Happened: The announcement was made during his flight to New Orleans for the Super Bowl, according to Reuters. Canada, the...

Alcoa Corp. (NYSE:AA) reported its fourth-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter.  The Details: Alcoa reported quarterly earnings of $1.04 per share, which beat the analyst consensus estimate of 97 cents. Quarterly revenue clocked...

Australia's Labor government has announced a $1.25 billion (AU$2 billion) initiative to aid the nation's aluminum smelters. This move underscores the government’s commitment to a renewable energy transition by 2036, as well as an economic transformation ahead of the general elections...

As the green transition accelerates, demand for copper has surged, driven by its critical role in renewable energy infrastructure, electric vehicles (EVs), and power grids. Despite companies scrambling to launch new mines, the shortage of copper could reach millions of metric tons by 2035,...

Editor’s note: This story has been updated to correct the figures in Goldman Sachs’ aluminum price forecast. Goldman Sachs has raised its aluminum price forecast, predicting significant price hikes due to an anticipated inventory shortage. The investment bank sees a tightening market,...

Alcoa Corporation (NYSE:AA) shares are trading lower on Thursday after rebounding from Wednesday’s increase. Yesterday, the company reported third-quarter sales of $2.904 billion, missing the consensus of $2.967 billion and adjusted EPS of $0.57, exceeding the consensus of $0.28....

Eighty percent of the metal and mining industry's revenues are derived from just five materials: steel, thermal coal, copper, gold, and aluminum, according to a recent McKinsey report. Steel and thermal coal alone account for 60%–70% of revenues, driven by their massive production volumes of 7...

In the world of aerospace, when a giant like Boeing Co (NYSE:BA) hits turbulence — the shockwaves are felt far and wide. One such ripple effect has landed squarely on Kaiser Aluminum Corp (NASDAQ:KALU). Kaiser has a long-term contract with Boeing. Kaiser supplies sheet and light gauge aluminum...

Alcoa Corp (NYSE:AA) stock investors should be prepared for some turbulence in aluminum prices in the near term, according to insights from JPMorgan’s Commodities Research team led by Greg Shearer. The team warns that aluminum prices, currently hovering around $2,700 per metric ton, may...

Top Stories for May 31, 2024: The Law Offices of Frank R. Cruz is investigating U.S. Steel (NYSE:X) for potential federal securities law violations.  U.S. Steel announced an agreement on Dec. 18, 2023, to be acquired by Nippon Steel at $55.00 per share. However, the CEO sold $12 million in...

The growing trend of hybrid electric vehicle (HEV) adoption is poised to reshape the landscape for essential raw materials. Bill Peterson from JPMorgan outlines how this shift impacts the demand for lithium, rare earths, copper and aluminum. For investors, this shift comes with significant...

Top Stories for May 9, 2024: Piedmont Lithium (NASDAQ:PLL) reported Q1 results with a record production of 40,439 dry metric tons (dmt) at North American Lithium, which achieved record lithium recoveries of 69%.  The company expects full run-rate production in the second half of the year and...

Alcoa Corp (NYSE:AA) reported last week its first-quarter results, with a slight revenue beat. The company is making continuous progress in its cost saving measures, while it is poised for additional IRA (Inflation Reduction Act) benefits, according to Morgan Stanley. The Alcoa Analyst: Carlos De...