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Recent amendments to the EU’s Carbon Border Adjustment Mechanism (CBAM) regulatory framework, introduced on February 26, are expected to have significant implications for African exporters. The...
JSE-listed aluminium producer Hulamin has reported a much-improved 2024 financial year in terms of market conditions, particularly in the company’s export segments. “Demand recovery brought...
JSE-listed aluminium producer Hulamin reports that independent nonexecutive chairperson Thabo Leeuw will retire after 17 years of working for the company, effective August 31. During his tenure,...
JSE-listed aluminium producer Hulamin says the 25% duty on aluminium imports into the US will have no impact on its competitive position in the US market as all its competitors will be subject to...
Johannesburg-, Sydney and London-listed globally diversified mining and metals company South32 on Monday reported a sufficiently strong start to the year to enable it to maintain production...
Engineering and plant construction company Primetals Technologies recently signed the final acceptance certificate with aluminium producer Hulamin following the successful installation and...
Engineering and plant construction company Primetals Technologies has recently signed the final acceptance certificate with aluminium producer Hulamin following the successful installation and...
Aluminium products manufacturer Hulamin says export pricing pressure and market challenges have eroded some of its earnings in the six months ended June 30. The group’s normalised earnings before...
South Africa is strenuously opposing the European Union’s (EU’s) Carbon Border Adjustment Mechanism (CBAM) that, under its evolving design and coverage, could have a significant impact on the...
The creation of a formal public-private platform to assess solutions to a pending “gas cliff” for industrial consumers in South Africa points to the fact that the issue is finally being taken...
Softer global markets and business simplification resulted in JSE-listed Hulamin’s volumes decreasing by 15% year-on-year to 169 149 t for the year ended December 31, 2023. Hulamin undertook...
Large industrial gas users are starting to prepare for what will likely be South Africa’s next big energy crisis, the imminent shortage of natural gas. Petrochemicals manufacturer Sasol, as the...
Rolled and extruded aluminium products manufacturer Hulamin has appointed its CFO Meganathan (Mark) Gounder as CEO, with effect from December 1. He will succeed Geoff Watson, who was appointed...
The intricate task of reconciling the interests of divergent stakeholders, including local manufacturers and downstream industries, lies at the heart of ongoing deliberations by the International...
Aluminium products manufacturer Hulamin has recorded a 112% increase in interim earnings before interest and taxes (Ebit) to R473-million, on the back of improved trading conditions. This was...
Aluminium supplier Hulamin expects its basic earnings per share (EPS) for the first half of the year to have increased by between 94% and 113% year-on-year. The company posted basic EPS of 47c for...
JSE-listed Hulamin’s turnover for the financial year ended December 31, increased by 22% year-on-year to R16-billion, on the back of group sales volumes of 211 328 t, compared to R13-billion in...
In anticipation of releasing its full-year results for 2022, on March 6, JSE-listed aluminium semi-fabricator Hulamin reports that its earnings a share are expected to decrease by 45% to 53% to...
There has been significant demand from the automotive sector for aluminium owing to the need for lightweight material in internal combustion engine (ICE) and electric vehicles. The use of aluminium...
Spring Light Gas (SLG) Pure Energy celebrated 20 years of supplying natural gas to customers across South Africa at a gala dinner event on Friday. Natural gas is seen as an environmental...
Local companies are not operating at full capacity, owing to a lack of manufacturing and product focus which impairs South Africa’s goal of becoming a relevant global player in the aluminium...
This year’s International Aluminium Conference and Exhibition serves as a stepping-stone towards the vision of doubling local aluminium demand by 2030 by increasing local demand and exports of...
Despite the global impact of the war in the Ukraine on shipping rates, the impact of commodity prices and the effects of general inflation on JSE-listed aluminium supplier Hulamin’s production...
JSE-listed aluminium semi-fabricator Hulamin reports that CEO Richard Jacob will retire on September 30, having served the company for 32 years and leading as CEO for the past 12 years. Hulamin’s...
Energywise (EW) specialises in the design and manufacture of LED light fittings for industrial, commercial, retail and horticultural use. With multiple accolades and awards to its name, including...
JSE-listed aluminium products supplier Hulamin’s share price has taken a 24% dive to around 378c apiece following the withdrawal of a buyout offer. Hulamin in August last year received an...
JSE-listed aluminium semi-fabricator and supplier Hulamin’s response to the hardships of 2019 and 2020 has paid off with a return to profitability in 2021. The group posted a 760% year-on-year...
JSE-listed Hulamin says it responded to the tough trading conditions of 2019 and 2020, producing improved results for the year ended December 31, 2021. In a business review and trading update...
Aluminium semi-fabricator and supplier Hulamin reports that, despite a subdued start to the year, its headline loss a share is expected to narrow to 54c, compared with the headline loss a share of...
South32 has exercised its pre-emptive rights to acquire up to an additional 25% shareholding and related rights in Mozal Aluminium, from Mitsubishi’s MCA Metals. In doing so, the Sydney- and...
While the Aluminium Federation of South Africa’s (AFSA’s) role in the South African Aluminium Industry Roadmap (SAAIR) has been to promote the roadmap and ensure that policymakers are aware of the...
Ignoring moves by the world’s biggest economies to decarbonise threatens to hamper South Africa’s economic growth. We need to urgently turn our vicious cycle of deindustrialisation and unemployment...
South African manufacturing industry and the Industrial Development Corporation, have launched a first-of-its-kind initiative to boost manufacturing by catalysing the initiatives required to tackle...
Aluminium supplier and exporter Hulamin continued with its turnaround actions for both its rolled and extruded product segments, despite the ongoing Covid-19 pandemic, for the period ended June 30....
JSE-listed aluminium products supplier Hulamin has advised that its earnings a share for the six months ended June 30 will be between 137% and 140% higher year-on-year at between 28c and 30c....
JSE-listed aluminium fabricator Hulamin has resumed production activities as of July 16, owing to an abatement in the recent domestic civil unrest in South Africa, which was centered in...
KwaZulu-Natal Premier Sihle Zikalala has warned that the ongoing protests and looting in KwaZulu-Natal and Gauteng will dampen investor confidence and derail economic recovery efforts. “The social...
South Africa’s plans to buy emergency power, already the subject of a court challenge, face fresh controversy after a local-content requirement for solar-panel frames was scrapped subsequent to the...
Aluminium supplier Hulamin has reported a healthier order book and a return to operating profitability in the final quarter of its 2020 financial year, ended December 31, after having experienced...
Integrated South African metals company Alfeco Group has recently acquired the Hulamin Extrusions plant, in Olifantsfontein, Midrand. The extrusion assets, which are now part of Alfeco’s new...
A newly released study of the potential for developing a lithium-ion battery value chain in South Africa concludes that the country should prioritise minerals beneficiation and mining, as well as...
Aluminium supplier and exporter Hulamin has appointed Meganathan (Mark) Gounder CFO and executive director, with effect from April 1. Gounder is an experienced finance professional with over 25...
A study into the possible development of a lithium-ion (li-ion) battery value chain in South Africa has just been completed. The study was undertaken by Trade and Industrial Policy Strategies...
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