Industry News

Press Metal Aluminium’s revenue grows in Q3

Views : 121
Update time : 2021-12-02 18:10:40
Press Metal Aluminium Holdings Berhad, a Malaysia-based aluminum producer, reported that its revenue totaled MYR 2.89 billion in the third quarter of this year, growing by 55% compared to the same period a year ago. The sharp increase in the revenue was due to rising aluminum prices and higher output after the expansion project was put into operation.

Press Metal Aluminium’s Samalaju phase 3 smelting plant was originally scheduled to reach full production in July 2021. The project has been put into production in mid-October, which increased Press Metal Aluminium’s primary aluminum production capacity to 1.08 million tons per year.
Related News
Read More >>
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Apr .29.2025
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Brazil's steel imports may break Mar record in Apr Brazil's steel imports may break Mar record in Apr
Apr .29.2025
Brazil's steel imports may break Mar record in Apr
Nickel prices surge as LME inventories decline & US-China trade tensions ease Nickel prices surge as LME inventories decline & US-China trade tensions ease
Apr .29.2025
Nickel prices surge as LME inventories decline & US-China trade tensions ease
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics
Apr .29.2025
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics