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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Rusal Surges to Record in Hong Kong
... United Co. Rusal surged to a record in Hong Kong trading after OAO GMK Norilsk Nickel raised its offer to buy back shares held by the world’s biggest maker of aluminum to $12.8 billion and said it will boost output. ...
RUSAL says aluminium ETF could be launched in weeks
... the world's largest aluminium producer, said on Monday that an aluminium exchange traded fund (ETF), could be launched soon. ...
Windalco- Kirkvine bauxite plant to reopen in July
... International aluminium producer, UC RUSAL, has announced that the Windalco-Kirkvine Works Plant in Manchester is to be reopened on July 1. ...
New Norilsk offer for 20pct stake of Rusal could be the last - Analysts
... it was offering to buy 20% of its shares from aluminum giant UC Rusal for USD 12.8 billion. It previously offered to buy Rusal's entire 25% for USD 12 billion. The new offer is a 33% improvement on the last and is based on a market cap of USD 64 billion instead of USD 48 billion .....
Russia's Norilsk offers to buy out Rusal's 20% stake for $12.8 bill
...Russian nickel and platinum group metals producer Norilsk Nickel has revised its offer to buy a stake held in itself by Russian aluminum producer Rusal, and is now willing to buy a 20% stake for $12.8 billion in cash, Norilsk said Friday...
RUSAL says to raise 2011 aluminium output by 2 pct
...Russia's United Company RUSAL Plc (0486.HK: Quote) (RUAL.PA: Quote), the world's largest aluminium producer, said on Monday it plans to lift aluminium production by 2 percent in 2011 to meet rising demand...
UPDATE 2-RUSAL sees steady 2011 aluminium output growth
...Russia's United Company RUSAL Plc, the world's largest aluminium producer, said on Monday it sees steady output growth in 2011, driven by strong demand from China and a rebound in North America...
* Agency News * Feedback * Contacts * Products and services * Careers * Reference Business RusAl selects seven nominees for Norilsk Nickel board
...Russian aluminum giant RusAl announced on Tuesday seven candidates for nomination to the Board of Directors of the Norilsk Nickel mining company ahead of an extraordinary general meeting on March 11...
Russia RUSAL to refinance about $5 bln of debt in '11
... Russian aluminium giant RUSAL (0486.HK: Quote) plans to refinance $5 billion of its debt this year, with $3 billion of the ... less than $1 billion with Eurobonds and about $1 billion with rouble bonds. ...
Mr Deripaska looks for aluminium demand rise and Norilsk management catch up
... At the World economic Forum in Davos, Mr Oleg Deripaska CEO of spoke with Business RT about Asian demand outlook for aluminium and his position on Norilsk Nickel. ... Q. How much do you expect demand for Rusal aluminium to grow? A. Let’s say, our expectation next year in the global demand for...
Russia's RUSAL restarts work on Boguchany smelter
...The world's top aluminium producer, UC RUSAL (0486.HK: Quote), said on Wednesday it had resumed building Boguchany Aluminium Smelter, after receiving a loan from the state-run lender VEB...
RUSAL to participate in the sale of Emission Reduction Units under the Kyoto Protocol
...UC RUSAL the world’s largest aluminium producer, announces the inclusion of the “Reduction of perfluorocarbon (PFC) emissions at the Krasnoyarsk aluminum smelter (KrAZ)” project in the list of approved projects carried out in accordance with Article 6 of the Kyoto Protocol to the UN Framework...
Russia’s Rusal to Earn UN Emissions Credits at Aluminum Smelter
... United Co. Rusal, billionaire Oleg Deripaska’s aluminum company, said it may earn as much as $15 million from selling United Nations emissions credits generated by reducing emissions at a smelter in Russia. ...
RusAl Looks to Chinese Yuan to Refinance $5Bln in Loans
... United Company RusAl will look to yuan-denominated bonds to help refinance almost $5 billion in foreign loans this year as the biggest aluminum producer ....
Rusal aims to double value-added aluminum sales in 2015
... Rusal plans to double its value-added aluminum sales to 2.4 million mt in 2015, expanding to key markets such as China, a senior official at the Russian aluminum producer said Monday. ...
UC RUSAL says 4 banks picked for yuan bond issue in HK?
... (RUAL.PA: Quote) said on Tuesday that it has selected four banks for its planned yuan-denominated bond issue ... UC RUSAL Deputy Chief Executive Oleg Mukhamedshin also said aluminium ETFs were expected to be launched in the first quarter in London. ...
RusAl Sues to Halt Norilsk's Buyback
...A RusAl employee pouring molten aluminum at the Bogoslovsky smelter. Norilsk says RusAl’s claims are invalid. United Company RusAl, billionaire Oleg Deripaska’s aluminum company, filed lawsuits to stop Norilsk Nickel’s planned share buyback...
Zaporizhia Aluminum may stop production in May
...Ukrainian Journal reported that Zaporizhia Aluminum Plant part of RUSAL could stop producing primary aluminum starting May production at the plant is unprofitable because of significant overhead costs, outdated equipment and high electricity tariffs...
