Russia

Weak Aluminium Prices At LME Take Toll On Rusal Bottom Line In Q3

Weak Aluminium Prices At LME Take Toll On Rusal Bottom Line In Q3

Russian Federation aluminium behemoth U.C. Rusal released financial results for the third quarter and opening nine months of 2019 on Friday. Though production was generally level or better compared to prior periods, a decrease in aluminium prices teamed up with a reduction...

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Events

Rusal’s Value-Added Aluminium Sales Jump By 3.9 Percent In Q3

Rusal’s Value-Added Aluminium Sales Jump By 3.9 Percent In Q3

Russian Federation aluminium titan U.C. Rusal released third quarter operating results on Friday. Despite a weak global market for aluminium, the firm reported a rise in both overall aluminium sales and value-added aluminium sales. In the just-ended quarter Rusal produced 942 thousand metric tons of primary aluminium, up by 0.4 percent on the quarter. Siberian […]

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Rusal Processed And Sold 50 Percent Of Smelters’ Waste Over The Past Decade

Rusal Processed And Sold 50 Percent Of Smelters’ Waste Over The Past Decade

Russian aluminium behemoth U.C. Rusal said yesterday that it has processed and sold approximately half of the waste product generated by its various smelters over the past decade, along with processing about a tenth of the red and nepheline mud at its alumina refineries over that same time period. According to the firm, it has […]

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Sanctions A Dim Memory As Rusal Enters 2020 Aluminium Mating Season

Sanctions A Dim Memory As Rusal Enters 2020 Aluminium Mating Season

Russian Federation aluminium behemoth U.C. Rusal is entering a far different mating season this year than last according to sources who spoke with Reuters last week, noting that the traditional negotiating window for next year’s contracts is brisk for the sanction-free firm. Per one of the half-dozen sources, last year’s sanctions on the company are […]

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Rusal Plants Half A Million Trees In Irkutsk

Rusal Plants Half A Million Trees In Irkutsk

Russian Federation aluminium behemoth U. C. Rusal announced yesterday the planting of half a million trees in the Irkutsk region as part of its initiative to promote environmental responsibility by working toward the absorption of greenhouse gases. Rusal’s “Green Million” project concluded one of the project’s stages earlier this week with the planting of a […]

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Rusal Launches Russia’s First US$750 MM Sustainability Linked Pre-Export Finance Facility

Rusal Launches Russia’s First US$750 MM Sustainability Linked Pre-Export Finance Facility

Russian Federation aluminium titan U.C. Rusal said yesterday it is preparing to enter a new five-year sustainability-linked syndicated facility worth US$750 million. It will be the first such facility ever arranged by international commercial banks in Russia. Rusal says the proceeds from the Sustainability Linked Pre-Export Finance (PXF) facility will be used to refinance outstanding […]

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