12 FEBRUARY 2016Rusal Press Release
Rusal’s Bauxite production down QoQ due to severe weather conditions
Edited by : AL CIRCLE
1 min read
UC RUSAL, a leading global aluminium producer, announces its operating results for the fourth quarter 2015 (“4Q15”) and full year 2015 (“12M15”).
During the fourth quarter of 2015, bauxite and nepheline ores production totalled 2,850 thousand tonnes (-13.4% QoQ) and 952 thousand tonnes (-9.6% QoQ), respectively. Bauxite production volumes decline was largely attributable to seasonal factors in Russia where volumes were down QoQ due to weather conditions. In advance of the winter season, inventories were built in 3Q15 to keep supplies stable at Group aluminium smelters. International assets bauxite production totalled 1,713 thousand tonnes (-1.4% QoQ). Output at Windalco and Bauxite Company of Guyana were lower QoQ due to seasonal planned repairs and destocking.
For the full year 2015, production of bauxite and nepheline ore totalled 12,112 thousand tonnes (no change YoY) and 4,111 thousand tonnes (-6.5% YoY), accordingly.
During the fourth quarter of 2015, bauxite and nepheline ores production totalled 2,850 thousand tonnes (-13.4% QoQ) and 952 thousand tonnes (-9.6% QoQ), respectively. Bauxite production volumes decline was largely attributable to seasonal factors in Russia where volumes were down QoQ due to weather conditions. In advance of the winter season, inventories were built in 3Q15 to keep supplies stable at Group aluminium smelters. International assets bauxite production totalled 1,713 thousand tonnes (-1.4% QoQ). Output at Windalco and Bauxite Company of Guyana were lower QoQ due to seasonal planned repairs and destocking.
For the full year 2015, production of bauxite and nepheline ore totalled 12,112 thousand tonnes (no change YoY) and 4,111 thousand tonnes (-6.5% YoY), accordingly.
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