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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UC RUSAL completes refinancing of VEB loan
...UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL), the world’s largest aluminium producer, announces that it has completed the refinancing of its Vnesheconombank’ (VEB) loan with a new USD 4.59 billion credit facility from ‘Sberbank’. The new facility was drawn down on 30 September and the VEB loan has...
RusAl to Deliver 2M Tons of Alloys to China
...United Company RusAl said Monday that it signed a letter of intent to acquire a stake in a Chinese marketing unit to deliver 2 million metric tons of alloys to the Asian market...
RUSAL signs letter of intent to acquire stake in NORINCO sales subsidiary
...RUSAL recently announced that it has signed the Letter of Intent with China North Industries Corporation (NORINCO). The document emphasises the intent of RUSAL to acquire a stake in a sales and marketing subsidiary of NORINCO, which operates on the People’s Republic of China primary aluminium...
Rusal executive tips aluminium price will rise as China becomes net importer
...The world's biggest aluminium producer -- which turned around a loss of $US922 million in the first half of 2009 to a $US1.27 billion ($1.35bn) profit in this first half -- is pushing to consolidate its lead over its chief competitor, China's Chalco, as power costs begin to surge in China...
Rusal executive tips aluminium price will rise as China becomes net importer
...The world's biggest aluminium producer -- which turned around a loss of $US922 million in the first half of 2009 to a $US1.27 billion ($1.35bn) profit in this first half -- is pushing to consolidate its lead over its chief competitor, China's Chalco, as power costs begin to surge in China...
RUSAL revives alumina project in Russia's north
...The world's top aluminium producer, Russia's UC RUSAL (0486.HK: Quote), will revive a project to build a refinery of intermediate product alumina in the country's north, it said in a statement seen by Reuters on Thursday...
UC RUSAL eyes aluminium supply to ETF
...the world's top aluminium producer, said on Wednesday that it will consider supplying the metal to a physically-backed aluminium exchange traded fund ...
Rusal keeps bullish tone on metal
...The aluminum market is very balanced as we can see export prices have reached a historic high," deputy chief executive Oleg Mukhamedshin said...
Rusal CEO sees aluminum up 12 percent by year-end
...Aluminum prices will rise at least 12 percent by the year-end to $2,400 per tonne on strong demand from Asia, the chief executive of RUSAL, the world's top aluminum producer, said on Tuesday...
Steel Guru : RUSAL profit boosted as Aughinish <em>Alumina</em> production <b>...</b>
... 163776 - 2010-09-04 - Production at Aughinish Alumina , ... the plant due to the sharp decline in demand and price for aluminium and alumina . ...
Rusal Hopes to Regain Norilsk Board Seats
...Russian aluminum giant United Co. Rusal is pursuing its efforts to extend its influence over the world's largest nickel producer, OAO Norilsk Nickel, which it partially owns...
Rusal Launches 'Save Norilsk Nickel' Website to Promote its Action Plan to Enhance Value for all Shareholders
...UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL), the world's largest aluminium producer and owner of a 25% stake in MMC Norilsk Nickel ('MMC'), today presents a detailed strategy aimed at increasing the value of Norilsk Nickel and protecting the interests of its all shareholders. ..
UPDATE 1-RUSAL Q2 net beats f'casts, plans Russian listing | Reuters
... RUSAL forecasts aluminium prices to remain at current levels for the ... first half due to increased sales of primary aluminium and alloys. ...
RUSAL says aluminium ETF may be listed in Hong Kong
...it said in a corporate presentation on Thursday. "Hong Kong is one of the potential listing venues for the trade...
Rusal Sees Aluminum Rising From 2011 on Fund Buying (Update3)
...United Co. Rusal, the world's largest aluminum maker, expects prices of the metal to rise from next year as investors flock to newly created funds owning the metal and demand from industry improves...
Rusal On Track With Aluminum Production, Will Keep Reducing Workforce
...Russian aluminum giant United Co. Rusal PLC (0486.HK) is on track with its increase in production output and will continue reducing its workforce in the second half, the company's management said at a briefing Tuesday...
UPDATE 1-RUSAL Q2 Net Beats F'casts, Plans Russian Listing
...Russia's United Company RUSAL (0486.HK), the world's top aluminium producer, said on Tuesday it returned to the black in the second quarter as revenue increased, and sees steady prices for the lightweight metal for the rest of the year...
Aluminum Price to Be Sustained, Europe Premiums to Stay `Firm', Rusal Says
...Aluminum prices will be sustained for the rest of the year as "strong demand"from China and recovering consumption in the U.S., Europe and Japan support the market, said United Co. Rusal, the world’s largest producer...
