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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India major aluminium scrap commodities prices advanced on Wednesday in line with aluminium futures prices at Multi Commodity Exchange as the world's biggest aluminium producer Rusal said on Wednesday it planned to start its Boguchansk smelter in the first half of the year, but also said output...
Russia's Rusal Plc plans to start its new Boguchansk aluminium smelter in the first half of 2016, the company said on Wednesday, after reporting a 53 percent slide in its fourth-quarter core profit. Rusal, the world's largest aluminium producer, has been hit by weak metal prices and the start of...
UC RUSAL, a leading global aluminium producer, has announced its results for the year ended 31 December 2015. Total revenue decreased by USD677 million or by 7.2 per cent to USD8,680 million in 2015 compared to USD9,357 million in 2014. The decrease in total revenue was primarily due to the lower...
Rusal expects global aluminium market to swing into deficit in 2016 from 2015’s surplus, according to its recently released 2015 annual report. The global aluminium giant sees global aluminium market in 1.2 million tonne deficit in 2016, reversing from 600,000 tonne surplus in 2015. Rusal sold more...
Rusal expects 12.5 million tonnes of alumina capacity to be closed worldwide this year, an executive from Rusal was reported saying in a recent interview. Rusal's own modernization program, however, will increase its alumina capacity by about 430,000 tonnes when it is complete by May or June, Yakov...
Owners of UC Rusal have signed an agreement with a Chinese firm for the purchase of Alumina Partners of Jamaica (ALPART), a bauxite mining and alumina processing plant located at Nain, St Elizabeth, in the south of Jamaica. Reliable sources said on Thursday that – in a process likely to be...
Russian aluminium producer Rusal said it is considering further production cuts and won’t restart idled smelters, as prices for the lightweight metal trade close to their lowest levels since 2009. The company, controlled by Oleg Deripaska, said it would consider cuts of around 200,000 tonnes per...
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),...
Leading, global aluminium producer UC RUSAL announced yesterday its fourth quarter and full year 2015 operating results. Aluminium production in Q4 2015 totalled 878 thousand tonnes, down 4.0 per cent Q-o-Q, remaining flat on the Y-o-Y basis. Q4 2015 aluminium sales totalled 876 thousand tonnes...
Russian aluminium giant Rusal is taking advantage of a slide in the country's currency to boost its alumina production capacity despite a global surplus of the material, an executive said on Wednesday. Ramping up production would allow the company to take advantage of higher margins offered by the...
Russia's leading aluminum maker Rusal wants to enter China's aluminum downstream production industry through joint ventures, Rusal CEO Vladislav Soloviev said at the World Economic Forum in Davos on Friday. Soloviev said he sees the downstream aluminum production industry, which makes aluminum...
Oleg Deripaska, president of the world’s biggest aluminium manufacturing group Rusal, says the outcome of the Paris Climate Summit late last year was nothing more than an agreement for 196 countries to “kick the can down the road a few decades’’. He writes that for a summit notionally about...
UC RUSAL, a leading global aluminium producer, announces a number of senior staff appointments within the company’s Aluminium Division. Evgeny Popov has been appointed as Managing Director of Sayanogorsk Aluminium Smelter (SAZ). Prior to the appointment, Mr Popov worked as Director of Production...
Protectionist action is clearly on the rise and even as economies slowly recover next year anti-dumping action can be surely expected to get worse not better across the world. Aluminium along with other industrial metals have hit the headlines most this year, not surprisingly as the volumes are...
UC RUSAL, a leading global aluminium producer, announces the appointment of Chris Evans as Project Director for Price Benchmarking. Chris Evans will be responsible for maintaining the effectiveness of current price discovery mechanisms as well as working with customers to implement alternative...
The European Union imposed anti-dumping duties on imports of Russian aluminium foil on Friday after its investigation showed the product was sold across the bloc at below market prices, the EU's Official Journal said. A definitive anti-dumping duty of 12.2 percent will be levied on aluminium foil...
UC RUSAL, a leading global aluminium producer, announced that it has joined the Aluminium Stewardship Initiative (“ASI”) with a view to take part in developing global sustainability standards for international application in the aluminium value chain. The ASI standards are designed to be applicable...
Russian aluminium giant Rusal plans to launch its Boguchansk aluminium smelter in Russia's Krasnoyarsk region in the first quarter of 2016, Chief Executive Officer Vladislav Soloviev told media on Friday, last week. The smelter was previously expected to start production by the end of 2015. But due...
