| Novelis reported a net income of $29 million for the fourth quarter of fiscal year 2016. Excluding tax-effected special items, the company reported a net income of $50 million in the fourth quarter of fiscal 2016, a 35 percent increase over the prior year period. For the fiscal year 2016, the company recorded a net loss of $38 million. Excluding tax-effected special items, net income was $131 million for the full year.
| Hydro's underlying earnings before financial items and tax declined to NOK 1,501 million in the first quarter, down from NOK 1,566 million in the fourth quarter of 2015.
| The International Copper Study Group (ICSG) released preliminary data for January 2016 world copper supply and demand in its April 2016 Copper Bulletin.
| According to a recent report by the Alocci RI Group, the prices in March were slightly higher and an increase of prices and volume is expected for April.
| Waste businesses vie for electronic goods to release a small fortune in precious metals
| Novelis has announced the appointment of Sachin Satpute to the position of Senior Vice President, Novelis Inc. and President, Novelis Asia, effective June 1, 2016.
| On March 18, the International Automobile Recycling Congress IARC 2016 in Berlin, Germany, came to an end. More than 220 representatives of the global automotive recycling sector had come together to discuss current political conditions and the latest trends in recycling technology.
| The International Copper Study Group (ICSG) released preliminary data for December 2015 world copper supply and demand in its March 2016 Copper Bulletin.
| During their spring presentation, Apple has introduced the recycling program Apple Renew and a disassembly robot called Liam.
| The International Copper Study Group (ICSG) met in Portugal in March to discuss key issues affecting the global copper market.
| 2015 was not a good year for the non-ferrous metals industry. This fact was the topic of discussion on several occasions, especially at the BIR conference in Prague last autumn. The question constantly asked was: How low can it get? Many suspect that 2016 could bring a new definition of low.
| Novelis has reported a net income of $6 million for the third quarter of fiscal year 2016. Excluding tax-effected special items, the company reported net income of $32 million in the third quarter of fiscal 2016 compared to $54 million in the third quarter of fiscal 2015.
| According to the Belgian company’s statement, revenues were up by 11 per cent compared to 2014 with with strong growth in Catalysis and Energy & Surface Technologies more than offsetting the impact of lower metal prices on the recycling activities.
| The overall recycling rate for aluminium beverage cans in the European Union, Switzerland, Norway and Iceland increased by 1.8% to a new record level of 71.3% in 2013. European Aluminium considers this result an important milestone on its path towards its voluntary recycling target for used beverage cans of 80% by 2020.