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Aluminum

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Rushydro expects to launch 2nd stage of Boguchansky aluminum plant in the near future - deputy head

Friday, 21 Apr 2017 04:26am EDT

April 21 (Reuters) - Rushydro :Expects to launch second stage of Boguchansky aluminum plant in the near future, deputy head George Rizhinashvili said.The plant, located in Eastern Siberia, has not been officially launched yet, but was commissioned in late 2015 in the commissioning mode.Rushydro is implementing the project jointly with one of the largest aluminum producers in the world - Rusal <<<0486.HK>>>.So far the plant operates at a capacity of 147,000 tonnes per year, Rizhinashvili said, he expects production to increase to about 300,000 tonnes with the second stage.

Realm Resources updates on impact of cyclone Debbie

Friday, 21 Apr 2017 01:10am EDT

April 21 (Reuters) - Realm Resources Ltd ::Further update on impact of tropical cyclone Debbie.Realm advises that aurizon holdings has announced that Goonyella Rail System is due to re-open on 26th april."announce that during hiatus in railing, company's port stockpile has been shipped"." proceeds from this and an earlier shipment have delivered revenue during stoppage period".

Jilin Liyuan Precision Manufacturing to pay cash 0.5 yuan per 10 shares as FY 2016 div payment

Thursday, 20 Apr 2017 02:35am EDT

April 20(Reuters) - Jilin Liyuan Precision Manufacturing Co Ltd <002501.SZ> : :* Says it plans to pay cash 0.5 yuan per 10 shares as FY 2016 div payment.

Shandong Nanshan Aluminium to pay cash div 0.5 yuan per 10 shares for FY 2016

Wednesday, 19 Apr 2017 11:02pm EDT

April 20 (Reuters) - Shandong Nanshan Aluminium Co Ltd <600219.SS> ::* Says it plans to pay cash div 0.5 yuan per 10 shares for FY 2016.

Kaiser Aluminum Q1 adjusted earnings per share $1.52

Wednesday, 19 Apr 2017 04:30pm EDT

April 19 (Reuters) - Kaiser Aluminum Corp ::Kaiser aluminum corporation reports first quarter 2017 financial results.Q1 adjusted earnings per share $1.52 excluding items.Q1 sales $355 million versus I/B/E/S view $348.4 million.Q1 earnings per share view $1.12 -- Thomson Reuters I/B/E/S.Q1 earnings per share $2.04.Kaiser aluminum corp - in quarter, share repurchases of $33 million; $100 million increase in repurchase authorization.Kaiser Aluminum Corp qtrly value added revenue down 3% on higher shipments.Kaiser Aluminum Corp qtrly shipments 164 million lbs versus 159 million lbs last year.Kaiser Aluminum Corp - "our outlook for first half 2017 remains consistent with our comments on february earnings release".Kaiser Aluminum Corp- "construction activity will have a significant impact on our q2 results".Kaiser Aluminum Corp - "internal headwinds related to trentwood project will be a temporary but significant drag on q2 results".Kaiser Aluminum Corp - "market-driven headwinds are expected to be similar to q1." for 2017.Kaiser Aluminum Corp - we anticipate approximately $5 million to $7 million higher major maintenance expense in q2 compared to q1 2017.Kaiser Aluminum Corp -overall, continue to expect 2017 to be a challenging year due to temporary headwinds.Kaiser Aluminum - consider decline in 2017 demand to be temporary moderation in "steady, long-term" demand growth trajectory for aerospace applications.

Shandong Nanshan Aluminium's 2016 net profit up 28.9 pct y/y

Wednesday, 19 Apr 2017 07:03am EDT

April 19 (Reuters) - Shandong Nanshan Aluminium Co Ltd <600219.SS>:Says 2016 net profit up 28.9 percent y/y at 1.3 billion yuan ($188.82 million).

Henan Shenhuo Coal & Power's Q1 net profit down 30.6 pct y/y

Wednesday, 19 Apr 2017 04:45am EDT

April 19 (Reuters) - Henan Shenhuo Coal & Power Co Ltd <000933.SZ>:Says Q1 net profit down 30.6 percent y/y at 291.6 million yuan ($42.35 million).

Xinjiang Joinworld sees Q1 FY 2017 net profit up 230 pct to 280 pct

Wednesday, 19 Apr 2017 04:31am EDT

April 19(Reuters) - Xinjiang Joinworld Co Ltd <600888.SS> ::* Sees Q1 FY 2017 net profit to increase by 230 percent to 280 percent.* Says Q1 FY 2016 net profit was 9.8 million yuan.* The reasons for the forecast are improvement of electronic new material business and decreased raw material price .

Henan Mingtai Al.Industrial sees FY 2017 Q1 net profit to increase by 45 pct

Wednesday, 19 Apr 2017 01:54am EDT

April 19(Reuters) - Henan Mingtai Al.Industrial Co Ltd <601677.SS> ::* Says net profit for FY 2017 Q1 to increase by 45 percent, compared to net profit of FY 2016 Q1 (50.7 million yuan).* Says increased sales revenue as main reason for the forecast.

Harbin Zhongfei New Technology CFO resigns due to personal reason

Monday, 17 Apr 2017 10:25pm EDT

April 18 (Reuters) - Harbin Zhongfei New Technology Co Ltd <300489.SZ> ::* Says its CFO Zhao Yudan resigns due to personal reason .

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