Leading Russian aluminium producer RUSAL is considering mothballing four alumina and bauxite facilities as the company faces combined annual losses of around USD 800 million. The move hints at the growing pressure on the economics of domestic raw-material production. RUSAL is also estimating losses...
Alumina exports from RUSAL’s Friguia refinery in Guinea have been halted after a train carrying the material derailed over the weekend, disrupting rail access to the plant and forcing production to slow, three sources told Reuters. The train, operated by Russian aluminium producer RUSAL RUAL.MM,...
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The ongoing Russia-Ukraine has changed a lot in the global primary aluminium industry. To begin with, on Tuesday, October 18, the London Metal Exchange (LME) registered warehouses in Gwangyang, South Korea, received significant shipments of Russian-origin aluminium from the Anglo-Swiss...
As the global economy is driving through a challenging situation, the aluminium sector witnessed’s price drop amidst the alleged dumping of Russian aluminium, weakening the demand for metal and propelling the cost of production. Aluminium stocks in London Metals Exchange (LME) warehouses surged...
On Tuesday, October 18, Switzerland-headquartered Anglo-Swiss multinational commodity trading and mining company Glencore shipped substantial volumes of Russian-origin aluminium to London Metal Exchange (LME) registered warehouses in Gwangyang, South Korea. As per the sources, the aluminium shipped...
The chairman of En+ Group, Christopher Burnham, stated that the article published by Bloomberg on 12th October 2022 on the US sanctions speculations was ‘irresponsible’. The group’s metal arm is the world’s leading producer of low-carbon aluminium (Rusal) and the most significant independent...
Following the recent military escalation in Ukraine, Alcoa is pressing the Biden administration to obstruct U.S. aluminium imports from Russia. As a result, aluminium prices increased by more than 3 per cent. According to recent news reports, the White House is reportedly exploring various...
The LME aluminium prices on 11 th October 2022 witnessed a glide following Bloomberg's report that the United States is considering a complete ban on Russian aluminium. The ban on Russian aluminium jeopardizes conquering a global market already stumbling from several disarrays while emphasizing if...
The global leader in low-carbon aluminium production, Rusal, announces the appointment of Roman Andryushin as Rusal's Deputy CEO, Sales and Marketing Director. As part of the Company's long-term strategy to grow and expand its presence, the appointment supports its long-term growth strategy. Roman...
This week the global primary aluminium segment witnessed a lot of ups and downs. To begin with, in response to a recent media allegation, the largest producer of aluminium in the world, Rusal, vehemently denied any claims that it intended to supply significant amounts of metal on the LME, in...
Russia is reportedly mulling building an alumina refinery to reduce its dependence on imports from China. As per a document seen by Reuters, China’s alumina exports to Russia have increased since the Russia-Ukraine conflict started. A draft of the plan for the development of Russia’s metal industry...
The world's leading aluminium producer Rusal, further to a recent media report, refutes in the strongest terms any suggestion that it is planning to deliver large quantities of metal on the LME, in Europe, the U.S. or any other location. Rusal also commented that the statements otherwise are highly...
The Russian aluminium giant RUSAL's Board of Directors approved the metal company's Health and Safety strategy until 2030. RUSAL's Health and Safety strategy aims to enhance all elements of occupational health, considering the best corporate practices. According to the strategy, the frequency of...
To meet its raw material needs, Constellium, at this moment, is plotting to continue the purchase of aluminium from Russia's industrial giant Rusal in the next year as it did in the better half of 2022. Apparently, no sanction on Rusal has made the company take this step, as was anonymously...
En+ Group, the largest producer of low-carbon aluminium and biggest independent renewable energy generator, announced the first year results on Net Zero strategy goals. In 2021, En+ Group was Russia’s one of the first companies to target becoming carbon neutral by 2050. The first lap of the goal...
In Ireland, businesses in County Kerry's northern part will have to bear a 50 million euro increase in electricity rates. This winter, 22 large energy firms are expected to absorb the 50 million euro cost of increased electricity prices, including Rusal's Aughinish Alumina refinery in North Kerry....
In an effort to conserve biodiversity, RUSAL, one of the world's eminent aluminium producers, approved its first corporate policy. Rusal biodiversity conservation policy emphasizes the importance of conserving biological species, especially those under protection and their habitats. The new policy...
On Friday, August 12, Rusal, the Russian aluminium giant announced its H1 2022 operational and fiscal results ended June 30, reporting a 1.2 per cent increase in primary aluminium output to 1.89 million tonnes versus 1.87 million tonnes during the same period last year. But the sales of primary...
Russia is reportedly willing to build connectivity, capital markets, and financial infrastructure with India, similar to the model built over decades with Europe. According to Russian aluminium tycoon Oleg Deripaska, this relation will benefit both the countries, accentuating bilateral trade to...
Roman Borisov is the Sales Director for Europe Middle East and Africa (EMEA) of Rusal with more than 15 years of commercial leadership experience in the aluminium industry. In his role, Roman is responsible for Value Added Product and Low Carbon Aluminium sales across the region, supporting key...
