NewsPrimary ALUC Rusal set to earn more from aluminium sales in Asia
28 NOVEMBER 2013www.entornointeligente.com

UC Rusal set to earn more from aluminium sales in Asia

Edited by : AL CIRCLE
2 min read
UC Rusal set to earn more from aluminium sales in Asia
Russian aluminium company, UC Rusal, which has a major stake in Jamaica's bauxite alumina sector, is set to rake more earnings from aluminium sales in Asia next year.

Rusal has asked Japanese buyers of aluminium for an increase as high as 10 per cent.

The Russian producer has offered US$270 per ton for the first quarter of next year, up from US$245 to US$247 per ton in the current quarter.

Rusal's Director of Asian sales, Geoff Watson, said Japan's demand is stronger than it has been during the previous few quarters and the strength is expected to continue into the first quarter.

In the meantime, more than 300 workers at Rusal's operations in Jamaica are set to become unionised.

The National Workers' Union (NWU) is to serve a bargaining rights claim on behalf of the employees.

According to Vincent Morrison, NWU’s president, the union is finalising arrangements for a representational rights poll. He said the vast majority of workers have asked the NWU to represent them and they are in the process of, through the Ministry of Labour, conducting a poll among those workers. The workers are from Ewarton and Kirkvine.

The union has also served a bargaining rights claim on behalf of scores of workers at the Lydford Mining Company. A poll is scheduled for Thursday.

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