RUSAL seeks Kremlin aid four bauxite and alumina plants face mothballing risk
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...
RUSAL train derailment in Guinea halts Friguia alumina exports
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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Ukraine Jan-Oct Alumina Exports 8.5% Up On Year At 1.274M Tons
Ukraine exported in January-October 1.274 million metric tons of alumina, 8.5% more than in the corresponding period in 2010, the government reported Monday. The exported alumina was worth $419.78 million. Alumina exports in October totaled 127,042 tons, 4.5% more than in September this year and...
Difficult Financial Future possibility for UC Rusal
The decision to shut down the electrolytic production process at Bogoslov Aluminum Plant in the Sverdlovsk region could be seen as the beginning of the end for UC RUSAL. The company is mired in debt, its revenues and operating margin are declining, and the financial statements of its biggest...
Novelis qualifies Rusal aluminium alloys for car body production
Rolling aluminium billets produced at Russian aluminium producer Rusal's smelters have been successfully qualified by Novelis, the world's largest producer of aluminium rolled products, Rusal said Wednesday. Rusal is also working on qualification of its products by auto manufacturers BMW and...
United Company RUSAL : USAL senior management team officially visits the Republic of Sierra Leone
UC RUSAL,the world's largest aluminium producer, is pleased to report on its senior management teams' recent official visit to the Republic of Sierra Leone, to explore new business development opportunities within the country. During the visit, the delegation discussed the possibility of the...
Nigerian Senate panel wants sale of aluminium smelter to Rusal revoked
The Nigerian Senate's committee on privatization has called for the sale of the government's stake in the Aluminum Smelter Company of Nigeria (ALSCON) to Russia's Rusal to be revoked, according to the committee's report published Wednesday. The report was the outcome of a wider investigation begun...
Rusal grabs stake in Chinese trader
Rusal, the world's top aluminum maker by output, has signed an agreement with Chinese corporation Norinco to acquire a 33% stake in its aluminum sales unit Shenzhen North Investments. The deal is expected to be closed on January 31, 2012 pending clearance from regulators. The Russian aluminum giant...
UC Rusal in coke agreement
UC Rusal has signed a five year contract with Gazprom Neft for the supply of up to 1Mt of electrode petroleum coke. The coke, used by the aluminium industry for anode manufacturing, will be supplied by the Omsk Refinery, a Gazprom Neft subsidiary. It is the first long-term supply contract between...
Ukraine Jan-Sep Alumina Exports 1.15 Mln Tons, Up 7.9%
Ukraine exported 1.15 million metric tons of alumina in the first nine months of the year, 7.9% more than in the corresponding period of 2010, the government reported Monday. The exported alumina was worth $372.98 million. Alumina exports in September totaled 121,990 tons, 7.6% less than in August...
Aluminum Production Worldwide May Drop as 15% Capacity Shut, Rusal Says of
Aluminum output may drop in the first half of next year as producers increase idled plants to as much as 15 percent of global capacity, said United Co. Rusal, the world's largest supplier. China, Europe and the U.S. may shut down plants, Rusal First Deputy Chief Executive Officer Vladislav Soloviev...
Rusal's $800k lawsuit against RusHydro to be heard on November 24
An appellate court postponed until November 24 the hearing of an $801,200 lawsuit filed by the Rusal Sayanogorsk Aluminium Smelter against RusHydro for losses incurred after an accident at the Sayano-Shushenskaya Hydropower Plant, the Russian Legal Information Agency (RAPSI) reported from the court...
Russia RUSAL registers metal with Shanghai exchange
Russia's UC RUSAL , the world's biggest aluminium producer, said it had registered two brands of its metal with the Shanghai Futures Exchange to increase sales in China, the world's largest consumer of the metal. "Growing urbanisation and industrial development will continue to drive China's...
United Company RUSAL : UC RUSAL aluminium products registered at SHFE
UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, MICEX: RUALR, RTS: RUAL), world's largest aluminium producer, announces the Shanghai Futures Exchange registration of RUSAL's IRKAZ SUAL and RUSAL KH brands produced at the Irkutsk and Khakas aluminium smelters. The aluminium products are now deliverable...
Abramovich Says He Feared Russia’s Murderous Aluminum Trade
Billionaire Roman Abramovich had to be persuaded to invest in Russian aluminum plants in 2000 because “every three days someone was murdered in that business,” he told a London court. Abramovich, testifying in the $6.8 billion legal fight with his former business partner Boris Berezovsky, said he...
Guinea alumina output up 25.5 pct yr-on-yr to Aug
Guinea's alumina production rose 25.5 percent year-on-year in the first eight months of 2011 while output of bauxite was up 3.5 percent over the same period, according to a government report seen by Reuters. The report said RUSAL's Friguia refinery, the country's sole plant, produced 443,000 tonnes...
UC Rusal completes foil modernisation plan
A $1.5M modernisation programme has been completed at Sayanal, the UC Rusal-owned foil and foil packaging producer. It included a change of the rolling mill's thickness gage and strip profile management system to improve foil's overall quality. The second stage of modernisation includes the...
Rusal in vehicle contract
UC Rusal has signed a supply contract for aluminium vehicles with Russian automotive engineering company Gaz Group. Rusal plans to acquire from GAZ Group 11 pot crust breaking machines, 18 alumina loading machines, and 12 metal handling trucks in 2012. These vehicles were tested recently at Rusal’s...
Aughinish Alumina owner in talks over boosting Shannon site
The Russian owner of Aughinish Alumina is in talks with the Government about boosting production at the Shannon Estuary plant which is the Republic’s biggest manufacturing site. Rusal, the Russian group controlled by oligarch Mr Oleg Deripaska which owns the facility wants to grow production at the...
Rusal signs Gas Treatment Centre contract
Solios Environnement, a Fives Solios group, has signed an amendment contract with UC Rusal for the design, manufacturing and delivery of Gas Treatment Centers (GTC) to the Taishet (TaAZ) and Boguchany (BoAZ) aluminium smelters in Russia. The construction of the two modern smelters were put on...
