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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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...
Russia's RUSAL Q2 net returns to black, beats f'cast
...Russia's United Company RUSAL (0486.HK: Quote), the world's top aluminium producer, said on Tuesday it returned to the black in the second quarter, thanks to higher output and better prices of the lightweight metal...
Aluminium giant Rusal secures fresh US$4.6 billion credit line
...The world's largest aluminium producer Rusal said Tuesday it has secured a credit line of US$4.6 billion (3.5 billion euros) from Russia's largest bank Sberbank to cover debt repayments. “The proposed credit of US$4.59 billion covers the debt and interest due to VEB” for a bank loan taken out in...
DJ Russia Jan-Jun Aluminum Exports Fall 5% On Year To 1.595M Tons
...Russia aluminum exports in the first six months of the year fell to 1.595 million metric tons, down 5% on the year-earlier period, the federal customs service reported Friday. ..
RUSAL rejects Norilsk board mediation bid
...Russian Aluminium giant RUSAL on Tuesday slapped down a bid by Norilsk Nickel's (GMKN.MM: Quote) board to mediate a peace between the nickel miner's warring owners, while a Kremlin source suggested one side sell out...
UPDATE 1-RUSAL Says Ready to Buy Interros Stake in Norilsk
...UC RUSAL (0486.HK: Quote), the world's top aluminium producer, said on Friday it was ready to buy the stake in metals giant Norilsk Nickel (GMKN.MM: Quote) from rival Interros as it attempts to restore its position on the Norilsk board...
Russia's RUSAL says VEB approves $1.7 bln loan
...The world's top aluminium producer UC RUSAL (0486.HK: Quote) said state-run lender VEB had approved a 50 billion rouble ($1.66 billion) loan to help it complete the construction of a smelter and power plant...
Vneshe?onombank approves project financing for the completion of the construction of the Boguchanskaya HPP and the first start-up complex of the Boguchansky Aluminium Smelter
...Moscow, 29 July 2010 – UC RUSAL (HKSE: 486, Euronext: RUSAL/RUAL), the world’s largest aluminium producer, announces that the Supervisory Board of Vnesheconombank has approved a financing package amounting to RUR 50 billion (about USD 1.7 billion) for RUSAL and RusHydro to complete the...
Chinese aluminium production hits a fresh all-time high in June
...The world’s biggest aluminium producers have already written the aluminium price recovery script. LME three-month aluminium is currently languishing around the $2,000-per tonne level, weighed down by a mountain of surplus metal in the form of LME stocks. But fear not! The price is going to...
Rusal Expects $2,400-$2,700/T Aluminum Next Year
... Russia's UC RUSAL (0486.HK: Quote) (RUAL.PA: Quote) expects aluminum prices to be $2,400/$2,700 a tonne next year due to increased demand and lower capacity, Chief Executive Oleg Deripaska said on Tuesday.
Rusal CEO: No Plans To Create A Physical Aluminum ETF
...Russian aluminum giant United Co. Rusal PLC (0486.HK) has no plans to create its own physical aluminum exchange-traded fund but will supply metal to other products, its chief executive said Tuesday.
Rusal Divides Its Assets In East, West Divisions
...Russian aluminum giant UC Rusal (0486.HK) said Friday it has divided its smelters into two substructures, East and West, with the former to include all its largest and most profitable Siberian smelters to meet demand from Asia.
UC RUSAL expects to supply metal to aluminium ETF
... UC RUSAL would likely supply aluminium as an underlying asset for aluminium exchange traded fund he expects to be launched in July....
Aluminum to Recover to $2,400 a Ton By End of Year, Rusal's Deripaska Says
...Aluminum demand remains healthy even with the debt crisis in Europe, Chief Executive Officer Oleg Deripaska told reporters in Tokyo today. The company won’t change its production plan of 4.1 million tons this year, he said. Rusal has the capacity to produce 4.6 million tons of aluminum annually.
Mining Journal - Rusal agreement in Guinea
... Cape Alumina suspends project on govt decision · Chalco 'pushing ahead' with ... Cape Alumina reviews project on environmental controls ...
Rusal, Guinea strike deal over Dian Dian - Metal Bulletin
... United Co Rusal and the Guinean government have reached an agreement on the development of Dian Dian, the large bauxite deposit which the ...
Rusal Swings to First-Quarter Profit on Higher <em>Prices</em> (Update2 <b>...</b>
... Alumina cash costs rose by 7 percent to $274 a ton, it said. Net debt has been reduced to $12 billion, the statement said. Prices of the ...
Reuters.com
... Aluminium prices have been in a free fall since mid-April ... RUSAL, the first non-Asian company to make its primary listing in Hong Kong ...
