Rusal’s Q12017 bauxite production drops YoY; sequential production on the rise

<p>UC RUSAL, the leading global aluminium producer, announces its operating results for the First Quarter 2017.</p> <p>During first quarter 2017, Rusal&rsquo;s bauxite output totalled 2,869 thousand tonnes registering a 1.0% growth quarter on quarter. Nepheline output also increased by 7.9% QoQ to reach 1,056 thousand tonnes. Nepheline production at Timan and Kia Shaltyr increased by 8.0% and 7.9% QoQ to meet the demand from Urals and Achinsk alumina refineries, respectively.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/rusal%20bauxite%20mining.jpg" alt="News" width="517" height="226" /></p> <p>Bauxite production volumes from North Urals were also driven by the performance of the Bogoslovsk refinery. Kindia mine production in first quarter 2017 remained below the historic average but according to mining works schedule, the company anticipate the volumes to improve during the second quarter. Bauxite production from the Bauxite Company of Guyana increased by 13.2% quarter on quarter, which is largely explained by a low base effect.</p> <p>{googleAdsense}</p> <p>Year over year, bauxite production dropped 4.6% from the first quarter of 2016, mostly due to the closure of Alpart mines and lower production in Friguia and Kindia mines. &nbsp;</p>