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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RUSAL announced that LMZ SKAD has increased its aluminium wheels production. The company expects to increase the number of wheels produced by 27% YoY to 1.1 million wheels per year in 2017. The company is planning to launch more than 10 new models of aluminium wheels to the market in 2018. In April...
Rusal announced that aluminium alloys 8030 and 8176 have received approval from the Russian authorities for the use in electrical wiring applications. The company's technical specialists have launched the production of 8030 and 8176 alloys at the Kandalaksha and Irkutsk aluminium smelters. The...
Rusal’s revenue for the three months ended September 30 was US$2,460 million, compared to US$2,060 million for the third quarter of 2016. Vladislav Soloviev, CEO of RUSAL, said: “In 3Q2017 RUSAL set another record in sales of value added products with the latter reaching 50% in total sales for the...
UC RUSAL, a leading global aluminium producer, is pleased to announce that it will be supplying approximately 510 tonnes of aluminium to be used in the production of aluminium tram interiors. As part of the project, UC RUSAL will provide aluminium for a total of 300 tram interiors. This is the...
UC RUSAL, a leading global aluminium producer, launched a new low carbon aluminium brand that has a low carbon footprint. The company said that “ALLOW will provide consumers and manufacturers alike with confidence that the aluminium used in their products has one of the lowest carbon footprints in...
UC RUSAL, the leading global aluminium producer from Russia reports QoQ increase in the production of aluminium for the third quarter 2017. Rusal reported total aluminium production of 931 thousand tonnes with an increase of 1.1% QoQ. Production dynamics remained stable with a 95%capаcity...
UC RUSAL, the leading global aluminium producer has announces operating results for the third quarter 2017. In Q3 2017, consolidated bauxites output of Rusal decreased by 11.3% QoQ to stand at 2,742 thousand tonnes. The Company covered alumina refineries consumption needs using the available...
Glencore will swap its 8.75 percent stake in Russian aluminium giant Rusal for shares in En+ Group, an aluminium and hydropower group controlled by tycoon Oleg Deripaska, En+ said on Wednesday. En+ Group plans to raise $1.5 billion in an initial public share offering (IPO) in London and Moscow in...
Nalco is in talks with Almex and Rusal to form joint ventures at the upcoming Angul Aluminium Park in Odisha for the production of high-grade aluminium. Nalco Chairman and Managing Director T K Chand told PTI that the aluminium will be used in in metro trains, e-vehicles, aerospace and automobile...
According to a Reuters report, two Russian business tycoons Mikhail Prokhorov and Viktor Vekselberg have expressed intention to sell a 3-per cent stake in Russian aluminium company Rusal using accelerated bookbuilding (ABB). While Prokhorov is offering 0.7 per cent in Hong Kong-listed Rusal,...
Billionaire Russian industrialist Oleg Deripaska is set to list Russia’s largest independent power and aluminium producer En+ on the London Stock Exchange and in Moscow. The industrialist hopes to raise $1.5bn through the dual listing of the power and aluminium producer En+ to help to lower its...
Ireland is the 27th largest export economy in the world houses RUSAL’s alumina refinery Aughinish alumina. Located in a rural part of Ireland, RUSAL’s Aughinish refinery is the only producer of alumina in the country and one of the most efficient alumina facilities globally. The refinery has an...
The largest alumina refinery in Europe on the Shannon estuary, Aughinish Alumina, last year went back into the red with pre-tax losses of $40.5m (€34m). Limerick Alumina Refining recorded the loss as revenues slumped by 24pc from $688.39m (€581m) to $520m (€439m) due to a drop in the price of...
Russian Federation aluminium behemoth UC Rusal told domestic media yesterday that plans are in the works to commission the 3-million-metric-ton-per-annum Dian-Dian bauxite mine in the African country of Guinea by next spring. Yakov Itskov, Rusal’s alumina business director, told Russian News Agency...
From the past week the downstream aluminium industry has seen many investments, new agreements and announcement of quarterly reports by some of the companies in the downstream industry. Let’s explore the top stories covering the downstream products vertical for the week that went by: RUSAL invests...
UC RUSAL, a leading global aluminium producer, is pleased to announce the completion of the modernization of Befesa-2 line for standard alloyed ingots production at the Irkutsk Aluminium Smelter (IrkAZ). In 2018, RUSAL plans to commission another line, Befesa-1, and the total investment in both...
AlCircle had the privilege to have an interview with Mr Oleg Mukhamedshin , Deputy CEO, Director for Strategy, Business Development and Financial Markets of Rusal, the world’s second largest aluminium producer. He spoke at length about Rusal’s current project and strategies and the global aluminium...
Russia's public sector power company Rushydro may join Rusal’s new aluminium smelter project in Siberia, as shared by the board chairman of the company to Reuters. Rusal, the world's No.2 aluminium producer is resuming work on the Taishet project now which was on halt due to low aluminium prices....
