[Aptiv’s 2025 Results Hit a Record High, with Full-Year Revenue of $20.4 Billion] Recently, Aptiv released its 2025 financial results, with full-year revenue, adjusted operating income, and adjusted earnings per share all reaching record highs. Revenue reached $20.4 billion, up 3% YoY; adjusted operating income was $2.461 billion, adjusted EBITDA was $3.228 billion, and diluted earnings per share excluding special items reached $7.82.

EDP Renovaveis (EDPR) reported a 50% year-on-year increase in recurring net profit to €330 million for 2025, driven by a strategic pivot toward low-risk markets in the US and Europe. Recurring EBITDA rose 17% to €1.97 billion, beating its annual guidance. Despite robust operations—with generation up 11%—reported net income was weighed down by non-recurring charges, including impairments in Europe and the repowering of the Meadow Lake IV wind farm in the US. The company forecast a further EBITDA rise to €2.1 billion for 2026.

Pro-Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) from continuing operations of Vale in the fourth quarter of 2022 was $5.0 billion.

Vale reported proforma adjusted EBITDA from continued operations of US$ 3.7 billion in Q1, down US$ 2.7 billion y/y, mainly reflecting lower realized prices of iron ore fines and pellets, lower sales of iron ore fines and higher costs, according to its quarterly earnings report.

Novelis' fiscal year 2025 performance report shows that in fiscal year 2025, Novelis' net sales increased by 6% YoY to USD 17.1 billion, primarily driven by the rise in average aluminum prices and a 2% increase in total shipments of rolled products to 3.757 million mt. The growth in shipments was mainly attributed to record-high shipments of beverage packaging and an increase in shipments of aerospace products, although this growth was partially offset by a decline in shipments of specialty products and automotive products. In fiscal year 2025, Novelis' net income attributable to common shareholders increased by 14% YoY to USD 683 million, while adjusted EBITDA decreased by 4% to USD 1.8 billion. This was mainly due to the YoY increase in aluminum scrap prices, an unfavorable product mix, and rising operating costs, which were partially offset by an increase in total shipments and product price increases.

Sigma Lithium Continues Strong Operational Performance: Lithium Oxide Production Reaches 68,308 Tons, Exceeding Target by 26%; Cash Cost on a China Delivered Basis is $458 per Ton, and All-in Sustaining Cost is $622 per Ton, Optimized by 8% and 6% Respectively Compared to the Fiscal Year 2025 Target; Achieves EBITDA of $10 Million and Adjusted EBITDA of $11.4 Million, with Profit Margins Reaching 21% and 24% Respectively, and Revenue Increasing by 28% Compared to the First Quarter.

According to a report by Mining.com, lithium supplier MG Critical Materials lowered its core profit guidance for 2024 on Wednesday, citing "unprecedented" low prices of lithium and vanadium with greater impact on the company's profits. The group now expects its full year adjusted EBITDA to be about $130 million, down from the previous forecast of $200 million.

GCL Technology issued an announcement, disclosing the latest progress of its PV materials business. The EBITDA of the PV materials business in Q1 reached 505 million yuan. The average cash cost of granular polysilicon in Q1 decreased to 27.07 yuan/kg from 27.14 yuan/kg in January-February.

[SMM Flash News] SMM reported on May 15 that despite facing geopolitical uncertainties and import pressures, European stainless steel giants Acerinox and Outokumpu achieved improved operating performance in Q1 2025. Acerinox's quarterly production increased by 29% QoQ to 512,000 mt, with revenue reaching 1.6 billion euros and earnings before interest, taxes, depreciation, and amortization (EBITDA) climbing to 102 million euros. The company expects EBITDA to continue growing in Q2 and has raised its expectations for synergies from strategic integration. Outokumpu's stainless steel shipments increased by 11% QoQ to 470,000 mt, with adjusted EBITDA reaching 49 million euros, driven by cost optimization and strong performance in its ferrochrome business. Although the strike in Finland impacted performance, the company expects shipments to continue growing in Q2, with EBITDA remaining stable—raw material gains are expected to offset potential equipment maintenance costs.

Spanish energy giant Iberdrola SA achieved a 12% year-on-year increase in net profit for 2025, reaching €6.29 billion. While lower energy prices in Europe weighed on its production and retail divisions, the company’s strategic shift toward power networks paid off, with regulated asset growth driving a 20.5% EBITDA surge in that sector. Supported by €14.46 billion in total investments, Iberdrola successfully offset market volatility. Looking forward, the utility anticipates continued growth from global electrification, forecasting net profits to exceed €6.6 billion in 2026.