
UC RUSAL, the leading global aluminium producer has announces operating results for the third quarter 2017.
In Q3 2017, consolidated bauxites output of Rusal decreased by 11.3% QoQ to stand at 2,742 thousand tonnes. The Company covered alumina refineries consumption needs using the available inventory at its operations at Achinsk, Bogoslovsk, Urals and Windalco operations.
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Production volumes at Timan decreased by 5.5% QoQ to stand at 839 thousand tonnes and Kindia production volumes decreased by 11.0% QoQ to 717 thousand tonnes due to scheduled operational maintenance works.
Bad weather conditions affected operational performance of Bauxite Company of Guyana and production dropped 41.6% QoQ to 161 thousand tonnes and Windalco production dropped 5.5% QoQ to 476 thousand tonnes.
North Urals bauxite production dropped by 11.0% QoQ to 548 thousand tonnes in order to feed Urals alumina refinery from accumulated inventory as a part of working capital management programme.
As for the alumina segment results are concerned; in Q3 2017, Rusal reported a total alumina production of 1,965 thousand tonnes, an increase of 1.9% from the last quarter.
The QoQ production increase was mainly driven by continuous capacity ramp up at Russia-based refineries post completion of upgrades earlier in 2017. It was supported by growing production at Aughinish refinery on improved quality of bauxite supply. It was partially offset by a 3.5% drop in Nikolaev refinery output on the back of scheduled maintenance works.
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