Tag: solid

PRESS RELEASE
Nantes, June 19th 2026

Phoenix, AZ, June 18, 2026 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) achieved Fiscal First Quarter Consolidated Net Income profitability of $74,702, which is a modest improvement of $35,672, over the prior year Fiscal First Quarter. IHT reported record Hotel Revenue results of approximately $2.2 million in the Fiscal First Quarter of 2027 (February 1, 2026, to April 30, 2026).

Patent milestone supports continued progress toward scalable production of next-generation lithium battery cells

(Oslo/Lista, 18. juni 2026) Statkraft og Alcoa har inngått to nye kraftavtaler som sikrer kraft til videre drift av aluminiumsverket på Lista. Avtalen gir et solid og forutsigbart energigrunnlag for smelteverket, og bidrar til å støtte både produksjonen og utviklingen ved anlegget.

(Oslo/Lista, Norway 18 June 2026) Statkraft and Alcoa have signed two new power agreements securing electricity supply to support continued operation of Alcoa’s aluminium plant at Lista, Norway. The agreements provide a solid and predictable energy foundation for the smelter and help maintain both production and further development at the site.

Production Line 2 at Lista recently completed a successful restart of 31,000 metric tonnes per annum to reach its nameplate capacity of 95,000 metric tonnes for the plant. This marked an important milestone for Alcoa in Norway, with restored capacity and a strengthened industrial presence. Building on this, access to reliable and competitively priced power is essential for continued operations.